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. […]

Pre-opening Comments for Tuesday July 12th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Gap Stores dropped $0.30 to $8.46 after the company’s Chief Executive Officer stepped down. The company also lowered second quarter guidance. Wells Fargo lowered its target price from $16 to $10. […]

Pre-opening Comments for Monday July 11th U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points in pre-opening trade. Index futures responded to news of more shutdowns in China due to a spread of a COVID 19 variant. Twitter dropped $1.98 to $34.883 after Elon Musk terminated his takeover offer […]

Pre-opening Comments for Friday July 8th U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Index futures were moved lower following release of the U.S. June Employment report at 8:30 AM EDT. Consensus for June Non-farm Payrolls was a drop to 265,000 from revised 384,000 in […]