Pre-opening Comments for Tuesday June 17th U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points at 8:35 AM EDT. S&P 500 futures slipped 2 points following release of May U.S. Retail Sales at 8:30 AM EDT. Consensus was a 0.6% drop versus a 0.1% gain in April. Actual […]

The Bottom Line Volatility spiked in U.S. equity markets on Friday mainly due to the increasing military conflict between Israel and Iran. The VIX Index moved above 20%. Weakness in the U.S. Dollar to a three year low also contributed to U.S. stock market weakness. Investment dollars are moving away from the U.S. Economic focus […]

Pre-opening Comments for Friday June 13th U.S. equity index futures were sharply lower this morning. S&P 500 futures plunged 52 points at 8:30 AM EDT. Futures responded to Israel’s attack on Iran’s military and nuclear facilities and to Iran’s drone counterattack. WTI Crude Oil advanced $5.51 to $73.55 per barrel on news of growing Middle […]

Pre-opening Comments for Thursday June 12th U.S. equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:35 AM EDT. S&P 500 futures recovered 8 points following release of the May U.S. Producer Price Index at 8:30 AM EDT. Consensus was a 0.2% increase versus a 0.5% drop in April. […]

Pre-opening Comments for Wednesday June 11th U.S. equity index futures were higher this morning. S&P 500 futures advanced 21 points at 8:35 AM EDT. U.S. and Chinese negotiators have agreed to a trade framework to implement agreements (subject to approval by President Trump and Chairman Xi Jinping). S&P 500 futures gained 30 points following release […]