Pre-opening Comments for Monday November 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 31 points in pre-opening trade. Index futures responded to civil unrest in China due to increased COVID 19 restrictions. The Shanghai Composite Index dropped 23.14 to 3078.55. In response, Crude oil dropped $2.40 to $73.86 per […]

Pre-opening Comments for Friday November 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. U.S. equity markets close today at 1:00 PM EST. Peoples Bank of China has lowered its lending rate to major Chinese banks by 0.25%. Activision Blizzard dropped $2.59 to $74.00 on […]

  Pre-opening Comments Today With U.S. equity markets on holidays today, no pre-opening comments are offered.   Responses to FOMC Meeting Minutes Minutes were released at 2:00 PM EST yesterday U.S. equity indices moved higher after 2:00 PM EST U.S. Dollar and related ETN: UUP moved lower after 2:00 PM EST Long term U.S. Treasury […]

Pre-opening Comments for Wednesday November 23rd U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Index futures were virtually unchanged following release of October Durable Goods Orders at 8:30 AM EST. Consensus was an increase of 0.5% versus a gain of 0.4% in September. Actual was […]

Pre-opening Comments for Tuesday November 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. The Canadian Dollar was virtually unchanged at US74.60 cents following release of Canada’s September Retail Sales report at 8:30 AM EST. Consensus was an decrease of 0.5% versus a gain of […]