Pre-opening Comments for Friday July 22nd Equity Index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US 77.76 cents following release of Canada’s May Retail Sales report at 8:30 AM EDT. Consensus was an increase of 1.6% versus a revised gain […]

Pre-opening Comments for Thursday July 21st U.S equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade. The Euro moved higher following news that the European Central Bank raised its base rate by 0.50%. Index futures were virtually unchanged following release of the July Philly Fed report at […]

Pre-opening Comments for Wednesday July 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US 77.64 cents following release of Canada’s June Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 1.0% versus a gain […]

Pre-opening Comments for Tuesday July 19th U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points in pre-opening trade. Index futures were virtually unchanged following release of the June U.S. housing starts report at 8:30 AM EDT. Consensus was an increase to 1.585 million units from 1.549 million units in […]

Pre-opening Comments for Monday July 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points in pre-opening trade. Goldman Sachs advanced $9.42 to $303.29 after reporting higher than consensus second quarter results. The company also increased its dividend by 255. Bank of America slipped $0.12 to $32.13 after reporting […]