Pre-opening Comments for Friday July 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for June PCE Price Index was 6.6% versus 6.3% in May. Actual was 6.8%. Excluding food […]

Pre-opening Comments for Thursday July 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade. U.S. equity index futures moved lower following first release of the second quarter real GDP report. Consensus was an increase of 0.3% versus a drop of 1.6% in the first quarter. […]

Pre-opening Comments for Wednesday July 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points in pre-opening trade. Investors are waiting for an update on monetary policy by the Federal Reserve to be released at 2:00 PM EDT. Index futures were virtually unchanged following release of the June Durable […]

Pre-opening Comments for Tuesday July 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points in pre-opening trade. Walmart plunged $7.70 to 124.32 after the company lowered fiscal second quarter and annual guidance. Other major retail stock prices also responded on the downside to the news. Whirlpool gained $3.35 […]

Pre-opening Comments for Monday July 24th 2022 U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points in pre-opening trade. Newmont Mining slipped $1.68 to $49.71 after reporting lower than consensus second quarter revenues and earnings. Meta Platforms added $0.86 to $170.13 despite a reduction in target price by Mizuho […]