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% […]

Pre-opening Comments for Monday June 24th U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EDT. Gold added $6.50 to$2,338.00 after JP Morgan noted its “structurally bullish” opinion on Gold and Silver. Target for gold in 2025 is $2,600. Target for silver is $34. Anheuser Busch […]

Pre-opening Comments for Friday June 21st 2024 U.S. equity index futures were lower this morning. S&P 500 futures were down 11 points at 8:30 AM EDT. Today is “Quadruple Witching Day”, the last trade day for U.S. listed June equity and index options and futures. Volume and volatility in U.S. markets are expected to be […]

Pre-opening Comments for Thursday June 20th U.S. equity index futures were higher this morning. S&P 500 futures were up 17 points at 8:35 AM EDT. S&P 500 futures slipped 2 points following release of economic news at 8:30 AM EDT. Consensus for May U.S. Housing starts was an increase to 1.380 million units from 1.360 […]