Pre-opening Comments for Wednesday June 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT. After the close yesterday Nvidia dropped $12.96 to $405.80 and Advanced Micro Devices plunged $3.08 to $107.31 on news that the Biden administration is considering a new ban on sales […]

Pre-opening Comments for Tuesday June 27th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EDT. Index futures added 5 points following release of May Durable Goods Orders at 8:35 AM EDT. Consensus was a drop 1.3% versus gain of 1.1% in April. Actual was an […]

Pre-opening Comments for Monday June 26th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT. Tesla dropped $8.01 to $256.60 after Goldman Sachs downgraded the stock from Buy to Neutral. Shopify (SHOP.TO Cdn$84.61)) is expected to open lower on news that the Canada Revenue Agency is examining […]

Pre-opening Comments for Friday June 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 27 points at 8:30 AM EDT. MMM advanced $3.59 to $103.78 after reaching a settlement valued at $10.3 billion on its “forever chemical” suit. Smith & Wesson gained $0.36 to $11.60 after reporting higher than consensus […]

Pre-opening Comments for Thursday June 22nd U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:35 AM EDT. Bank of England increased its interest rate for United Kingdom banks by 0.50% to 5.00%. Federal Reserve Chairman Powell continues his testimony to Congress starting at 10:00 AM EDT. Boeing […]