Pre-opening Comments for Thursday January 30th U.S. equity index futures were higher this morning. S&P 500 futures were up 15 points at 8:35 AM EST. S&P 500 futures were unchanged following release of the fourth quarter U.S. GDP report. Consensus was growth at a 2.7% annual rate versus growth at a 3.1% rate in the […]

Pre-opening Comments for Wednesday January 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 8:30 AM EST. Bank of Canada’s Decision on interest rates is released at 9:45 AM EST on Wednesday. Consensus calls for a 0.25% drop to 3.00%. Press Conference is offered at 10:30 AM […]

Pre-opening Comments for Tuesday January 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EST. S&P 500 futures dropped 6 points following release of December Durable Goods Orders at 8:30 AM EST. Consensus called for a 0.1% increase versus a 1.2% decline in November. Actual […]

Pre-opening Comments for Monday January 27th U.S. equity index futures were sharply lower this morning. S&P 500 futures dropped 120 points at 8:30 AM EST. Leading the weakness were Artificial Intelligence stocks on concern that China’s DeepSeek has developed a lower cost technology. Nvidia plunged $17.06 to $125.75. Microsoft dropped $26.55 to $417.51 AT&T added […]

Pre-opening Comments for Friday January 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points at 8:30 AM EST. Boeing dropped $4.50 to $174.00 after the company pre-reported a large fourth quarter write down Texas Instruments dropped $7.61 to $193.00 after issuing a first quarter earnings forecast below consensus. […]