Pre-opening Comments for Thursday October 30th U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points at 8:30 AM EDT Microsoft (MSFT) dropped $11.51 to $529.81 after reporting less than consensus fiscal first quarter results. Meta Platforms (META) dropped $50.00 to $701.40 after reporting lower than consensus profit margins in […]

Pre-opening Comments for Wednesday October 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EDT. Bank of Canada’s interest rate decision is released at 9:45 AM EDT. The Bank of Canada is expected to lower its overnight lending rate for major Canadian banks by 0.25% […]

Pre-opening Comments for Tuesday October 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EDT. Nucor (NUE) advanced $3.84 to $271.00 after reporting higher than consensus third quarter earnings. Seasonal influences are favourable until March 4th. See seasonality chart at www.EquityClock.com NXP Semiconductors (NXPI) added […]

Pre-opening Comments for Monday October 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 54 points at 8:30 AM EDT. Futures responded to news that China and the U.S. have reached a frame work agreement for trade negotiations. Gold dropped $95.00 to $4,042.70 per ounce Argentina ETF added $12.25 to […]

Pre-opening Comments for Friday October 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 50 points at 8:35A AM EDT. S&P 500 futures advanced 30 points following release of the September Consumer Price Index at 8:30 AM EDT. Consensus was a 0.4% increase. Actual was a 0.3% increase. Excluding food […]