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 […]

Pre-opening Comments for Tuesday June 4th U.S. equity index futures were lower this morning. S&P 500 futures were down 19 points at 8:30 AM EDT. WTI crude oil dropped another $1.30 to US$72.92 per barrel following OPEC + decision to phase out price cuts beginning in October. India iShares plunged $3.42 to $51.38 after early […]

Pre-opening Comments for Monday June 3rd U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:30 AM EDT. Nvidia advanced $26.05 to $1,122.00 after announcing launch of new AI chips Advanced Micro Devices rose $1.99 to $169.00 after announcing launch of new AI chips. Edwards Lifesciences gained $2.08 […]

Pre-opening Comments for Friday May 31st U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EDT S&P 500 futures added 10 points following release of the April core PCE Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.3% […]

Pre-opening Comments for Thursday May 30th U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:35 AM EDT. S&P 500 futures gained 7 points following release of the second estimate for annualized first quarter real GDP. Consensus was an increase of 1.2% versus a gain of 3.4% in […]