Pre-opening Comments for Wednesday August 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Equity index futures were virtually unchanged following release of July Durable Goods Orders at 8:30 AM EDT. Consensus was an increase of 0.8% versus a gain of 2.0% in June. Actual […]

Pre-opening Comments for Tuesday August 23rd U.S. equity index futures were higher this morning. S&P 500 futures advanced 2 points in pre-opening trade. Palo Alto Networks $PANW gained $43.85 to $552.00 after the company reported higher than consensus fiscal fourth quarter revenues and earnings. The company also announced a three for one stock split. Stifel […]

Pre-opening Comments for Monday August 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 51 points in pre-opening trade. FedEx dropped $2.95 to $228.78 after Evercore added the stock to its tactical underperform list. United Parcel Services fell $4.49 to 203.94 after Evercore lowered its rating from Outperform to In […]

Pre-opening Comments for Friday August 19th 2022 U.S. equity index futures were lower this morning. S&P 500 futures were down 42 points in pre-opening trade. Applied Materials $AMAT gained $0.30 to $108.57 after reporting higher than consensus third quarter results. Home Depot added $3.29 to $328.50 after the company authorized a $15 billion share buyback […]

Pre-opening Comment for Thursday August 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Index futures were virtually unchanged following release of the August Philly Fed report at 8:30 AM EDT. Consensus was a drop of 5.0 versus a decline of 12.3 in July. Actual […]