Pre-opening Comments for Friday January 27th U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points in pre-opening trade. December Core PCE Price Index released at 8:30 AM EDT was expected to increase 0.3% versus a gain of 0.2% in November. Actual was an increase of 0.3%. On a year-over-year […]

Pre-opening Comments for Thursday January 26th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 7:30 AM EST. December Durable Goods Orders released at 8:30 AM EST are expected to increase 2.5% versus a drop of 2.5% in November. Excluding Transportation Orders, December Durable Goods Orders are expected […]

Pre-opening Comments for Wednesday January 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 35 points in pre-opening trade. The Bank of Canada is scheduled to announce its interest rate for major Canadian banks at 10:00 AM EST. Consensus calls for an increase in the rate from 4.25% to 4.50%. […]

Pre-opening Comments for Tuesday January 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Lockheed Martin added $5.42 to $446.70 after reporting higher than consensus fourth quarter revenues and earnings. DR Horton advanced $0.72 to $96.40 after reporting higher than consensus fourth quarter revenues and […]

Pre-opening Comments for Monday January 23rd U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points in pre-opening trade. Spotify added $4.09 to $102.00 after announcing a 6% reduction in employee count. Salesforce.com advanced $7.25 to $158.50 on news that Elliott Management made a multimillion dollar investment in the company. […]