Pre-opening Comments for Wednesday March 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 40 points at 8:30 AM EST. Index futures moved higher when crude oil prices moved lower in response to possible start of negotiations between the U.S. and Iran. WTI Crude Oil dropped $3.29 to $89.08 per […]

Pre-opening Comments for Tuesday March 24th U.S. equity index futures were lower this morning. S&P 500 futures were down points at 8:30 AM EST. S&P 500 futures were unchanged following release of updated fourth quarter U.S. Productivity reported at 8:30 AM EST. Consensus was a drop to an annualized 1.8% rate versus previous 2.8% rate. […]

Pre-opening Comments for Monday March 23rd U.S. equity index futures are higher this morning. S&P 500 futures were up 109 points at 8:30 AM EST. S&P 500 futures advanced sharply at 7:00 AM EST after President Trump and Iran authorities confirmed that overnight negotiation to de-escalate war conditions had been productive. The U.S. paused plans […]

Pre-opening Comments for Friday March 20th U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points at 8:30 AM EST. Today is Quadruple Witching Day for North American equity markets (i.e. the last trade day for listed index and equity options and futures). Look for higher than average volumes as […]

Pre-opening Comments for Thursday March 19th U.S. equity index futures were lower this morning. S&P 500 futures were down 39 points at 8:35 AM EST. The Index dropped below its 200 day moving average at 6,615.70. S&P 500 futures were unchanged following release of the March Philly Fed Manufacturing Index at 8:30 AM EST. Consensus […]