Pre-opening Comments for Wednesday September 4th   U.S. equity futures were lower this morning. S&P 500 futures were down 24 points at 8:35 AM EDT. S&P 500 futures dropped 3 points following release of the July Trade report at 8:30 AM EDT. Consensus was a deficit of $79.10 billion versus a deficit of $73.10 billion […]

Pre-opening Comments for Tuesday September 3rd   U.S. equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:30 AM EDT. Boeing dropped $5.80 to $167.94 after Wells Fargo downgraded the stock. Target was set at $119. US Steel dropped $2.50 to $35.71 after Vice President Kamala Harris opposed its […]

Pre-opening Comments for Thursday August 29th U.S. equity index futures were higher this morning. S&P 500 futures gained 19 points at 8:35 AM EDT S&P 500 futures added 3 points following release of the next estimate of second quarter annualized U.S. real GDP. Consensus was unchanged with growth at a 2.8% rate versus a gain […]

Pre-opening Comments for Wednesday August 28th   U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points at 8:30 AM EDT. Royal Bank is expected to open higher after reporting higher than consensus fiscal third quarter earnings. National Bank is expected to open higher after reporting higher than consensus fiscal […]

Pre-opening Comments for Tuesday August 27th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT Netflix gained $1.79 to $690.23 after Evercore raised its target price to $750. Coca Cola added $0.04 to $70.88 after Morgan Stanley selected the stock as a Top Pick in […]