Pre-opening Comments for Friday December 2nd U.S. equity index futures were lower this morning. S&P 500 futures were down 60 points in pre-opening trade. Index future moved strongly lower following release of the U.S. November Employment Report at 8:30 AM EST. Consensus for Non-farm Payrolls was an increase of 200,000 versus a gain of 261,000 […]

Pre-opening Comments for Thursday December 1st U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 7:30 AM EST. October core PCE Price Index released at 8:30 AM EST is expected to increase 0.3% versus a gain of 0.5% in September. On a year-over-year basis, October core PCE Price Index is […]

Pre-opening Comments for Wednesday November 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. Investors are focusing on a speech by Federal Reserve Chairman Powell scheduled at 1:30 PM EST Index futures dropped 5 points following release of revised real third quarter GDP at 8:30 […]

Pre-opening Comments for Tuesday November 29th U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points in pre-opening trade. The Canadian Dollar slipped 0.15 to US73.92 cents following release of Canada’s September real GDP report at 8:30 AM EST. Consensus for the third quarter was an annualized gain of 1.5% […]

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 […]