With the U.S. exchanges being closed for Juneteenth holiday, there is no report for today. Activity in Canadian equity markets is expected to be significantly below average.

Pre-opening Comments for Wednesday June 18th U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of U.S. May Housing Starts at 8:30 AM EDT. Consensus calls for a drop to 1.350 million units from 1.361 million units in […]

  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 […]