Pre-opening Comments for Monday August 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 32 points in pre-opening trade. Dollar Tree dropped $1.36 to $137.34 after Deutsche Bank lowered its target price from $185 to $163. Toll Brothers fell $0.62 to $45.65 after Raymond James reduced its target price from […]

Pre-opening Comments for Friday August 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade. Index futures were virtually unchanged following release of core July PCE Price Index at 8:30 AM EDT. Consensus on a year-over-year basis was unchanged at 4.8%. Actual was 4.6%. Investors are […]

Pre-opening Comments for Thursday August 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade. Index futures were virtually unchanged following release of next estimate for second quarter real GDP at 8:30 AM EDT. Consensus was a reduction of 0.7% versus the first estimate of a […]

Pre-opening Comments for Wednesday August 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Equity index futures were virtually unchanged following release of July Durable Goods Orders at 8:30 AM EDT. Consensus was an increase of 0.8% versus a gain of 2.0% in June. Actual […]

Pre-opening Comments for Tuesday August 23rd U.S. equity index futures were higher this morning. S&P 500 futures advanced 2 points in pre-opening trade. Palo Alto Networks $PANW gained $43.85 to $552.00 after the company reported higher than consensus fiscal fourth quarter revenues and earnings. The company also announced a three for one stock split. Stifel […]