Pre-opening Comments for Thursday August 17th Equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:35 AM EDT Index futures were unchanged following release of the August Philly Fed Index at 8:30 AM EDT. Consensus was a further drop to -13.5 from -10.0 in July. Actual was an increase […]

Pre-opening Comments for Wednesday August 16th Equity index futures were mixed this morning. S&P 500 futures were down 1 point at 8:35 AM EDT. Index futures were unchanged following release of the July U.S. Housing Starts report at 8:30 AM EDT. Consensus was an increase of 1.450 million units versus 1.414 million units in June. […]

Pre-opening Comments for Tuesday August 15th Equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:35 AM EDT. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT: Consensus for the August Empire State Manufacturing Survey was a drop of 0.75 versus a gain of […]

Pre-opening Comments for Monday August 14th U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. US Steel gained $0.22 to $22.72 after the company confirmed receipt of multiple unsolicited proposals to acquire some or all of the company. Amgen gained $0.96 to $263.47 after Mizuho raised […]

Pre-opening Comments for Friday August 11th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT. S&P 500 futures dropped 6 points following release of the July Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.1% in […]