Pre-opening Comments for Monday June 15th Equity Indices and related futures around the world were higher this morning following news that Iran and U.S./Israel have reached a temporary agreement to stop the war and to re-open the Strait of Hormuz. S&P 500 futures were up 90 points to 7,521.46 at 8:30 AM EDT. WTI Crude […]

Pre-opening Comments for Friday June 12th U.S. equity index futures were higher this morning. S&P 500 futures were up 30 points at 8:30 AM EDT. Adobe (ADBE) dropped $14.58 to $218.80 despite reporting higher than consensus second quarter results. Weakness was related to news that the company’s Chief Financial Officer is leaving. Lennar (LEN) dropped […]

Pre-opening Comments for Thursday June 11th U.S. equity index futures were higher this morning. S&P 500 future were up 22 points at 8:35 AM EDT. S&P 500 futures dropped 6 points following release of the May Producer Price Index at 8:30 AM EDT. Consensus called for a 0.7% increase versus a 1.4% increase in April. […]

Pre-opening Comments for Wednesday June 10th U.S. equity index futures were lower this morning. S&P 500 futures were down 42 points at 8:35 AM EDT. S&P 500 futures recovered 13 points following release of the May U.S. Consumer Price Index at 8:30 AM EDT. Consensus called for a 0.5% increase versus a 0.6% increase in […]

Pre-opening Comments for Tuesday June 9th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:30 AM EDT. Nuvalent (NUVL) added $34.36 to $122.85 after GSK offered to buy the company in a deal valued at $10.6 billion. Vail Resorts (MTN) dropped $6.71 to $130.50 after reporting less […]