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 […]

Pre-opening Comments for Monday October 31st U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. Emerson Electric added $0.57 to $87.97 after the company reported higher than consensus fiscal fourth quarter results. The company also announced sale of a division for $9.5 billion. Keurig Dr. Pepper […]

Pre-opening Comments for Friday October 28th U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. Index futures were virtually unchanged following releases of economic news at 8:30 AM EDT: September PCE Price Index, September Personal Income and September Personal Spending. Intel $INTC added $$1.17 to $27.44 […]