Pre-opening Comments for Monday December 19th U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade. Moderna gained $8.66 to $201.95 after Jefferies upgraded the stock from Neutral to Buy. Walt Disney slipped $0.45 to $89.63 after opening weekend revenues from its latest Avitar picture were lower […]

Pre-opening Comments for Friday December 16th U.S. equity index futures were lower this morning. S&P 500 futures were down 36 points in pre-opening trade. U.S. Steel advanced $0.63 to $24.27 after raising guidance for fourth quarter revenues and earnings. Steel Dynamics added $0.28 to $102.20 after predicting an increase in hot rolled steel prices in […]

Pre-opening Comments for Thursday December 15th U.S. equity index futures at 7:30 AM EST were lower this morning. S&P 500 futures were down 39 points in pre-opening trade. Lots of U.S. economic news is released this morning: December Empire State Manufacturing Survey released at 8:30 AM EST is expected to drop 6.50% versus a gain […]

Pre-opening Comments for Wednesday December 14th U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. FOMC statement on interest rates is released at 2:00 PM EST. Press conference with Federal Reserve chairman Powell is scheduled at 2:30 PM EST. Consensus is that the Fed Fund Rate […]

Pre-opening Comments for Tuesday December 13th U.S. equity index futures were higher this morning. S&P 500 futures were up 106 points in pre-opening trade. Index futures moved higher following release of the November Consumer Price Index at 8:30 AM EST. November CPI was expected to increase 0.3% versus a gain of 0.4% in October. Actual […]