Pre-opening Comments for Friday November 1st   U.S equity index futures were higher this morning. S&P 500 futures were up 26 points at 8:35 AM EDT. S&P 500 futures added 5 points following release of the October Employment Report at 8:30 AM EDT. Consensus for Non-farm Payrolls was 100,000 versus 254,000 in September. Actual was […]

Pre-opening Comments for Thursday October 31st 2024 U.S. equity index futures were lower this morning. S&P 500 futures were down 37 points at 8:35 AM EDT. S&P 500 futures slipped 3 points following release of September U.S. Personal Income at 8:30 AM EDT. Consensus was a 0.4% increase versus a 0.2% gain in August. Actual […]

Pre-opening Comments for Wednesday October 30th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT Index futures were unchanged following release of third quarter GDP at 8:30 AM EDT. Consensus calls for a 3.1% annualized growth rate versus a 3.0% growth rate in the second quarter. Actual […]

Pre-opening Comments for Tuesday October 29th U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points at 8:30 AM EDT. Ford dropped $0.62 to $10.75 after reporting less than consensus third quarter results. VF Corp advanced $3.72 to $20.75 after reporting higher than consensus fiscal second quarter results. Crane added […]

  The Bottom Line Key focuses this week are on third quarter results released by some of the largest U.S. companies including: Ford on Monday Alphabet, McDonalds and Pfizer on Tuesday Microsoft and Eli Lily on Wednesday Apple and Amazon on Thursday Exxon Mobil and Chevron on Friday Volatility in U.S. equity markets (measured by […]