Pre-opening Comments for Thursday October 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:30 AM EDT. Canada’s major chartered banks lowered their prime lending rate by 50 basis points, matching a drop in the Bank of Canada’s interest rate. Tesla gained $20.10 to $233.75 after reporting […]

Pre-opening Comments for Wednesday October 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 8:30 AM EDT. Bank of Canada issues an economic outlook statement at 9:45 AM EDT. Consensus calls for a 0.50% drop in the Bank’s lending rate. McDonald’s dropped $21.69 to $293.00 after confirming […]

Pre-opening Comments for Tuesday October 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points at 8:30 AM EDT. Nucor dropped $4.41 to $151.70 after reporting lower third quarter earnings. The company also offered lower fourth quarter revenue guidance. Zion Bancorp added $2.86 to $52.30 after reporting higher than […]

Pre-opening Comments for Monday October 21st U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points at 8:30 AM EDT. People’s Bank of China cut its prime lending rate on one and five year lending rates to major banks by 0.25%. The rate on one year loans dropped to 3.1% […]

Pre-opening Comments for Friday October 11th U.S. equity index futures were lower this morning. S&P 500 futures were up 4 points at 8:35 AM EDT. S&P 500 futures added 7 points following release of the U.S. September Producer Price Index at 8:30 AM EDT. Consensus called for a 0.1% increase versus a 0.2% gain in […]