Pre-opening Comments for Thursday May 4th U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:35 AM EDT. Index futures were unchanged after release of the March U.S. Trade Deficit report at 8:30 AM EDT. Consensus was a recover to $63.80 billion from $70.05 billion in February. Actual […]

Pre-opening Comments for Wednesday May 3rd 2023 U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT. Focus today is on news on the Fed Fund Rate announced by the FOMC at 2:00 PM EDT. Responses to quarterly results after the close yesterday were surprisingly negative […]

Pre-opening Comments for Tuesday May 2nd U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:30 AM EDT. President Biden has called for a meeting on May 9th with Congressional leaders to discuss the Federal government debt limit. Treasury secretary Janet Yellen noted that the debt limit could […]

Pre-opening Comments for Monday May 1st U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:30 AM EDT. Volume on North American exchanges is expected to be well below average today. Equity markets outside on North America are closed for a variety of national holidays. JP Morgan added […]

Pre-opening Comments for Friday April 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EDT. Index futures were virtually unchanged following release of U.S. economic news at 8:30 AM EDT: March PCE Price Index ex food & energy was expected to increase 0.2% versus a […]