Pre-opening Comments for Wednesday August 10th U.S. equity index futures were higher this morning. S&P 500 futures were up 60 points in pre-opening trade. Index futures moved higher following release of the U.S. July Consumer Price Index report at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 1.3% in June. […]

Pre-opening Comments for Tuesday August 9th U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points in pre-opening trade. Micron dropped $2.35 to $59.10 after lowering revenue guidance. Enbridge added $0.45 to Cdn$55.80 on news that Canada and the U.S. are making progress on negotiations to settle the Line 5 […]

Pre-opening Comments for Monday August 8th U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade. Barrick Gold slipped $0.12 to US$20.17 after reporting less than consensus second quarter revenues and earnings. Pfizer was unchanged at $49.27 following news of its acquisition of Global Blood Therapeutics for […]

Pre-opening Comments for Friday August 5th   U.S. equity index futures were lower this morning. S&P 500 futures were down 29 points in pre-opening trade. U.S. equity index futures moved lower following release of the July Employment Report at 8:30 AM EDT. Consensus was a drop to 250,000 from upwardly revised 398,000 in June. Actual […]

Pre-opening Comments for Thursday August 4th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for the June Trade Deficit was $82.2 billion versus $85.6 billion in May. Actual was $79.6 […]