The Bottom Line The stage is set for the Summer Rally. See comments below   Economic News This Week Source: www.Investing.com June ISM Manufacturing PMI released at 10:00 AM EDT on Monday is expected to increase to 49.2 from 48.7 in May. May U.S. Construction Spending released at 10:00 AM EDT on Monday is […]

Pre-opening Comments for Friday June 28th U.S equity index futures were higher this morning. S&P 500 futures were up 18 points at 8:35 AM EDT. S&P 500 futures slipped 4 points following release of economic news at 8:30 AM EDT. Core May PCE Price Index was expected to increase 0.1% versus a gain of 0.2% […]

Pre-opening Comments for Thursday June 27th U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EDT. U.S. equity index futures recovered 5 points following release of economic news at 8:30 AM EDT: May Durable Goods Orders were expected to decrease 0.6% versus a gain of 0.7% […]

Pre-opening Comments for Wednesday June 26th U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT. Rivian jumped $6.49 to $18.45 after Volkswagen announced a joint venture where Volkswagen committed up to a $5 billion investment. FedEx advanced $38.36 to $295.00 after the company announced higher […]

Pre-opening Comments for Tuesday June 25th U.S. equity index futures were higher this morning. S&P 500 futures added 8 points at 8:35 AM EDT. The Canadian Dollar rose 0.20 to US73.32 cents following release of Canada’s May Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.3% versus a gain of 0.5% […]