Pre-opening Comments for Monday November 7th U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. DoorDash gained $1.36 to 52.93 after Oppenheimer raised its rating from Perform to Outperform. Apple dropped $2.39 to $135.99 after announcing a reduction in iPhone 14 shipments. First Solar added $0.95 […]

Pre-opening Comments for November 4th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade. S&P 500 futures eased 12 points following release of the U.S. October Employment report at 8:30 AM EDT. October U.S. Non-farm Payrolls was expected to drop to 200,000 from 263,000 in September. […]

Pre-opening Comments for Thursday November 3rd U.S. equity index futures were lower this morning. S&P 500 futures were down 26 at 7:30 AM EDT. Responses in currency markets to the Federal Reserve’s decision released yesterday are continuing this morning. The U.S. Dollar Index has strengthened relative to all developed world currencies. The Canadian Dollar is […]

Pre-opening Comments for Wednesday November 2nd U.S. equity index futures were mixed this morning. S&P 500 futures were down 2 points in pre-opening trade. Focus today is the FOMC announcement on monetary policy at 2:00 PM EDT. Consensus calls for an increase in the Fed Fund Rate by 0.75% to 3.75%-4.00% and a $95 billion […]

Pre-opening Comments for Tuesday November 1st U.S. equity index futures were higher this morning. S&P 500 futures were up 41 points in pre-opening trade. Goodyear Tire dropped $1.05 to $11.65 after the company reported lower than consensus third quarter earnings. Stryker fell $11.10 to 218.14 after the company lowered its fourth quarter guidance. Marriott Vacations […]