Pre-opening Comments for Tuesday June 11th U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points at 8:30 AM EDT. General Motors added $0.54 to $48.01 after announcing a $6 billion share buyback program. Eli Lilly advanced $13.44 to $878.45 after its Alzheimer drug received backing from FDA advisors. Target […]

Pre-opening Comments for Monday June 10th U.S. equity index futures were lower this morning. S&P 500 futures were down 2 points at 8:30 AM EDT. Apple added $2.41 to $196.89 prior to start of the company’s World Wide Development Conference today. CEO Tim Cook gives the keynote presentation this afternoon. Southwest Airlines jumped $1.90 to […]

Pre-opening Comments for Friday June 7th U.S. equity index futures were higher this morning. S&P 500 futures were down 17 points at 8:35 AM EDT S&P 500 futures dropped 19 points following release of the May U.S. employment report at 8:30 AM EDT. May Non-farm Payrolls were expected to increase 186,000 versus a downwardly revised […]

Pre-opening Comments for Thursday June 6th U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:35 AM EDT. European Central Bank updated its Overnight Lending Rate for major banks at 8:15 AM EDT Consensus was a reduction from 4.50% to 4.25%. Actual was a reduction to 4.25%. April […]

Pre-opening Comments for Wednesday June 5th U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:30 AM EDT Canadian investors are focusing on the Bank of Canada’s economic statement at 9:45 AM EDT. Consensus calls for no change in the Bank’s lending rate for major Canadian banks. Hewlett […]