Pre-opening Comments for Friday May 16th Equity index futures were higher this morning. S&P 500 futures were up 20 points at 8:35 AM EDT. S&P 500 futures slipped 4 points following release of U.S. April Housing Starts at 8:30 AM EDT. Consensus was an increase to 1.370 million units from 1.324 million units in March. […]

Pre-opening Comments for Thursday May 15th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDT. S&P 500 futures recovered 7 points following release of economic news at 8:30 AM EDT. Consensus for April U.S. Producer Prices was a 0.3% increase versus a 0.4% gain in […]

Pre-opening Comments for Wednesday May 14th U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EDT. American Eagle Outfitters $AEO dropped $2.09 to $10.63 after withdrawing guidance. The company also announced an inventory write down valued at $75 million. Exelixis gained $2.35 to $39.30 after reporting […]

Pre-opening Comments for Tuesday May 13th U.S. equity index futures were lower this morning. S&P 500 futures were up 9 points at 8:35 AM EDT. S&P 500 futures added 12 points following release of April U.S. Consumer Price Index at 8:30 AM EDT. Consensus was a 0.3% increase versus a 0.1% drop in March. Actual […]

Pre-opening Comments for Monday May 12th U.S. equity index futures were higher this morning. S&P 500 futures were up 83 points at 8:30 AM EDT. Futures responded to news that China and the U.S. have reached a 90 day truce on tariff increases. Notably higher on tariff news were technology stocks and related Exchange Traded […]