Pre-opening Comments for Wednesday August 2nd Equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:30 AM EDT. Index futures moved lower overnight after Fitch downgraded the U.S. long term credit rating from AAA to AA+ Advanced Micro Devices gained $4.97 to $122.57 after reporting higher than consensus quarterly […]

Pre-opening Comments for Tuesday August 1st U.S. equity index futures were lower this morning. S&P 500 Index was down 19 points at 8:30 AM EDT. Republic Services added $0.64 to $151.75 after reporting higher than consensus second quarter results. The company also offered positive guidance. Pfizer dropped $0.32 to $35.74 after reporting less than consensus […]

Pre-opening Comments for Monday July 31st U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT. Salesforce.com dropped $3.84 to $221.76 after Morgan Stanley downgraded the stock from Overweight to Equal Weight. Ford slipped $0.13 to $13.13 after Jefferies downgraded the stock from Buy to Hold. […]

Pre-opening Comments for Friday July 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:35 AM EDT Index futures were unchanged following release of economic news at 8:30 AM EDT: June Core PCE Price Index was expected to increase 0.2% versus a gain of 0.3% in May. […]

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 […]