Pre-opening Comments for Wednesday November 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Investors are focusing on a speech by Federal Reserve Chairman Powell scheduled at 1:30 PM EST Index futures dropped 5 points following release of revised real third quarter GDP at 8:30 […]

Pre-opening Comments for Tuesday November 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. The Canadian Dollar slipped 0.15 to US73.92 cents following release of Canada’s September real GDP report at 8:30 AM EST. Consensus for the third quarter was an annualized gain of 1.5% […]

Pre-opening Comments for Monday November 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 31 points in pre-opening trade. Index futures responded to civil unrest in China due to increased COVID 19 restrictions. The Shanghai Composite Index dropped 23.14 to 3078.55. In response, Crude oil dropped $2.40 to $73.86 per […]

Pre-opening Comments for Friday November 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. U.S. equity markets close today at 1:00 PM EST. Peoples Bank of China has lowered its lending rate to major Chinese banks by 0.25%. Activision Blizzard dropped $2.59 to $74.00 on […]

  Pre-opening Comments Today With U.S. equity markets on holidays today, no pre-opening comments are offered.   Responses to FOMC Meeting Minutes Minutes were released at 2:00 PM EST yesterday U.S. equity indices moved higher after 2:00 PM EST U.S. Dollar and related ETN: UUP moved lower after 2:00 PM EST Long term U.S. Treasury […]