Pre-opening Comments for Thursday February 6th U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:30 AM EST. The Bank of England lowered its lending rate to major banks from 4.75% to 4.50%. Qualcomm dropped $8.31 to $167.69 after announcing lower than expected intellectual property licencing revenues in […]

Pre-opening Comments for Wednesday February 5th U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:35 AM EST. S&P 500 futures were unchanged following release of the December U.S. Trade Report at 8:30 AM EST. Consensus was an increase in the deficit to $97.10 billion versus a deficit […]

Pre-opening Comments for Tuesday February 4th U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:30 AM EST Palantir advanced $18.67 after reporting higher than consensus fourth quarter results. Clorox dropped $2.80 to $156.98 after lowering its revenue outlook. Aecom added $2.10 to $105.95 after reporting higher than […]

Pre-opening Comments for Monday February 3rd U.S. equity index futures are sharply lower this morning. S&P 500 futures were down 92 points at 8:30 AM EST. Index futures around the world moved lower following President Trump’s announcement on tariffs that will hit U.S. imports starting tomorrow. The Canadian Dollar plunged 0.63 to US68.14 cents following […]