Pre-opening Comments for Thursday July 27th Equity index futures were higher this morning. S&P 500 futures added 36 points at 8:35 AM. S&P 500 futures added 4 points following release of economic news at 8:30 AM EDT: June Durable Goods Orders were expected to increase 1.0% versus a gain of 1.7% in May. Actual was […]

Pre-opening Comments for Wednesday July 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT. Focus today is release of the Federal Reserve’s decision on interest rates at 2:00 PM EDT. Consensus calls for a 0.25% in the Fed Fund Rate to 5.50%. Microsoft dropped […]

Pre-opening Comments for Tuesday July 25th 2023 U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:30 AM EDT. Whirlpool dropped $2.26 to $148.50 despite reporting higher than consensus second quarter earnings. The company reported less than consensus second quarter revenues. NXP Semiconductors added $2.72 to $213.60 after […]

Pre-opening Comments for Monday July 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT. Chevron added $0.91 to $159.60 after reporting higher than consensus second quarter earnings. Mattel gained $0.31 to $21.49 after the movie Barbie was the top selling movie in North America […]

Pre-opening Comments for Friday July 21st U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EDT. Today is the last trade day for July listed equity and index options. The Canadian Dollar slipped 0.05 to U.S.75.79 following release of May Canadian Retail Sales at 8:30 AM […]