Pre-opening Comments for Thursday December 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. Index futures moved lower following release of the updated U.S. third quarter annualized GDP growth report at 8:30 AM EST. Consensus was unchanged at 2.9%. Actual was growth at a 3.2% […]

Pre-opening Comments for Wednesday December 21st U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US73.44 cents following release of Canada’s November Consumer Price Index at 8:30 AM EST. On a year-over-year basis November CPI was expected to increase […]

Pre-opening Comments for Tuesday December 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Index futures were virtually unchanged following release of the November U.S. Housing Start report at 8:30 AM EDT. Consensus was 1.400 million units versus 1.425 million units in October. Actual was […]

Pre-opening Comments for Monday December 19th U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade. Moderna gained $8.66 to $201.95 after Jefferies upgraded the stock from Neutral to Buy. Walt Disney slipped $0.45 to $89.63 after opening weekend revenues from its latest Avitar picture were lower […]

Pre-opening Comments for Friday December 16th U.S. equity index futures were lower this morning. S&P 500 futures were down 36 points in pre-opening trade. U.S. Steel advanced $0.63 to $24.27 after raising guidance for fourth quarter revenues and earnings. Steel Dynamics added $0.28 to $102.20 after predicting an increase in hot rolled steel prices in […]