Pre-opening Comments for Thursday September 14th Index futures were higher this morning. S&P 500 futures were up 15 points at 8:35 AM EDT. Index futures dropped five points following release of economic news at 8:30 AM EDT: August Producer Price Index was expected to increase 0.4% versus a gain of 0.3% in July. Actual was […]

Pre-opening Comments for Wednesday September 13th U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EDT. Index futures were unchanged following release of the U.S. August Consumer Price Index report at 8:30 AM EDT. Consensus was an increase of 0.6% versus an increase of 0.2% in […]

Pre-opening Comments for Tuesday September 12th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:30 AM EDT. Oracle dropped $6.74 to $119.89 after reporting less than consensus fiscal first quarter revenues. Also, Davidson lowered its target price from $115 to $105. Moderna added $0.91 to $106.71 after […]

Pre-opening Comments for Monday September 11th U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 8:30 AM EDT. Hostess Foods advanced $4.19 to an all-time high at $32.30 on news that Smucker is close to a deal to buy the company. Tesla advanced $15.83 to $264.33 after Morgan […]

Pre-opening Comments for Friday September 8th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT The Canadian Dollar added 0.13 to 73.46 following release of Canada’s August Employment Report at 8:30 AM EDT. Consensus was an increase in employment of 20,000 versus a decline of 6,400 in […]