Pre-opening Comments for Friday March 10th U.S. equity index futures were higher this morning. S&P 500 futures were added 12 points in pre-opening trade. Index futures rallied following release of the U.S. February Employment Report at 8:30 AM EST. Non-farm Payrolls were expected to increase 205,000 versus a gain of 517,000 in January. Actual was […]

Pre-opening Comments for Thursday March 9th 2023 U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. Eli Lilly slipped $1.50 to $311.04 on news that its proposed drug aimed at preventing Alzheimer failed to slow down cognitive decline American Express gained $3.09 to $177.86 after the […]

Pre-opening Comments for Wednesday March 8th U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade. January U.S. Trade released at 8:30 AM EST was expected to increase to a deficit of $69.00 billion from a deficit of $67.40 billion in December. Actual was a deficit of […]

Pre-opening Comments for Tuesday March 7th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Traders are waiting for testimony on U.S. monetary policy in front of the U.S. Senate Banking Committee by Federal Reserve Chairman Jerome Powell starting at 10:00 AM EST. Dick’s Sporting Goods […]

Pre-opening Comments for Monday March 6th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. Apple added $1.83 to $152.86 after Goldman Sachs initiated coverage with a Buy rating. Target price is $199. KB Homes dropped $0.50 to $35.26 after JP Morgan dropped its rating from […]