Pre-opening Comments for Monday March 31st U.S. equity index futures were lower this morning. S&P 500 futures were down 58 points at 8:30 AM EDT. Goldman Sachs raised its probability of a recession in the United States during the next 12 months from 20% to 35%. World equity indices were lower overnight. The Nikkei Average […]

Pre-opening comments for Friday March 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points at 8:30 AM EDT. S&P 500 futures dropped 6 points following release of economic news at 8:30 AM EDT. February Core PCE Price Index was expected to increase 0.3% versus a 0.3% gain in […]

Pre-opening Comments for Thursday March 27th U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:35 AM EDT S&P 500 futures recovered 7 points following release of second revision of U.S. fourth quarter GDP at 8:30 AM EDT. Consensus was annualized growth at a 2.3% rate. Actual was […]

Pre-opening Comments for Wednesday March 26th U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of February Durable Goods Orders at 8:30 AM EDT. Consensus called for a 1.0% drop versus a 3.1% gain in January. Actual was […]

Pre-opening Comments for Tuesday March 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:30 AM EDT. KB Home dropped $5.39 to $56.40 after reporting less than consensus fourth quarter revenues and earnings. The company also lowered guidance. Oklo dropped $1.34 to $29.57 after reporting a quarterly […]