Pre-opening Comments for Tuesday July 19th U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points in pre-opening trade. Index futures were virtually unchanged following release of the June U.S. housing starts report at 8:30 AM EDT. Consensus was an increase to 1.585 million units from 1.549 million units in […]

Pre-opening Comments for Monday July 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points in pre-opening trade. Goldman Sachs advanced $9.42 to $303.29 after reporting higher than consensus second quarter results. The company also increased its dividend by 255. Bank of America slipped $0.12 to $32.13 after reporting […]

Pre-opening Comments for Friday July 15th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were slightly lower following release of economic news at 8:30 AM EDT. Consensus for the July Empire State Manufacturing Survey was a drop of 1.25% versus a decline of 1.20 in […]

Pre-opening Comments for Thursday July 14th U.S. equity index futures were lower this morning. S&P 500 futures were down 50 points in pre-opening trade. Index futures were virtually unchanged after release of the June CPI report at 8:30 AM EDT. Consensus was an increase 0.8% versus a gain of 0.8% in May. Actual was an […]

Pre-opening Comments for Wednesday July 13th U.S. equity index futures were higher this morning. S&P 500 futures down 55 points in pre-opening trade. U.S. equity index futures moved lower following release of the U.S. June Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 1.1% versus a gain of 1.0% in May. […]