Pre-opening Comments for Friday October 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:35 AM EDT. S&P 500 Index futures added 7 points following release of the September Core PCE Price Index. Consensus was an increase of 0.3% versus a gain of 0.1% in August. Actual […]

Pre-opening Comments for Thursday October 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDT. Index futures recovered 10 points following release of preliminary third quarter GDP at 8:30 AM EDT. Consensus was an annualized increase of 4.7% .Actual was an increase of 4.9%. IBM […]

Pre-opening Comments for Wednesday October 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:30 AM EDT. The Bank of Canada will update strategy on its lending rate to Canada’s banks at 10:00 AM EDT Microsoft advanced $14.88 to $345.31 after reporting higher than consensus fiscal first […]

Pre-opening Comments for Tuesday October 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:30 AM EDT. General Electric added $5.38 to $112.07 after reporting higher than consensus third quarter earnings. The company also raised guidance. Cadence Design Systems dropped $8.92 to $231.00 after the company lowered […]

Pre-opening Comments for Monday October 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points at 8:30 AM EDT. Index futures responded to a six basis point increase in the yield by U.S. Treasuries to 5.00%. Hess added $0.96 to $163.98 after Chevron offered to buy the company for […]