Pre-opening Comments for Tuesday October 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:30 AM EDT. General Electric added $5.38 to $112.07 after reporting higher than consensus third quarter earnings. The company also raised guidance. Cadence Design Systems dropped $8.92 to $231.00 after the company lowered […]

Pre-opening Comments for Monday October 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points at 8:30 AM EDT. Index futures responded to a six basis point increase in the yield by U.S. Treasuries to 5.00%. Hess added $0.96 to $163.98 after Chevron offered to buy the company for […]

  Editor’s Note: Next report is scheduled for release on Monday October 23rd The Bottom Line Third quarter report season is “off to a good start”. Reports released to date generally have recorded higher than consensus results (notably by the U.S. money center banks). Analysts were prompted to raise estimates. Revenue and earnings gains on […]

Pre-opening Comments for Friday October 13th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT. UnitedHealth Group added $6.76 to $532.30 after reporting higher than consensus third quarter earnings. The company also raised fourth quarter guidance. Dollar General advanced $8.17 to $110.00 after the company reappointed its […]

Pre-opening Comments for Thursday October 12th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:35 AM EDT. Index futures dropped 11 points following release of the September Consumer Price Index released at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.3% in […]