Pre-opening Comments for Tuesday January 17th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. The Canadian Dollar added 0.09 to US74.561 cents following release of Canada’s December Consumer Price Index at 8:30 AM EST. Consensus was a decrease of 0.5%. Actual was a decrease of […]

Pre-opening Comments for Monday January 16th U.S. equity markets are closed today for the Martin Luther King Jr. holiday. Trading volume in Canadian equity markets is expected to be significantly below average. International equity markets generally were higher. The DAX Index was up 44.76 to 15,132.17. The CAC Index gained 18.36 to 7,041.62. The Shanghai […]

Pre-opening Comments for Friday January 13th U.S. equity index futures were lower this morning. S&P 500 futures were down 34 points in pre-opening trade. Delta Airlines dropped $1.49 to $38.11 after the company reported lower than consensus fiscal first quarter earnings. JP Morgan slipped $0.14 to $139.49 after reporting less than consensus fourth quarter earnings. […]

Pre-opening Comments for Thursday January 12th U.S. equity index futures were higher this morning. S&P 500 futures at 7:30 AM EST were up 3 points. Focus this morning is on the U.S. December Consumer Price Index to be released at 8:30 AM EST. Consensus is a decline 0.1% versus a gain of 0.1% in November. […]

Pre-opening Comments for Wednesday January 11th U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points in pre-opening trade. Airline equities and related ETFs are expected to open lower on news that all domestic airline flights have been grounded due to computer problems at the FAA. Coinbase dropped $1.44 to […]