Pre-opening Comments for Friday October 29th 2021 U.S. equity index futures were lower this morning following release of lower than consensus quarterly results and guidance by Amazon, Apple and Starbucks. S&P 500 Index dropped 19 points in preopening trade. U.S. equity index futures were virtually unchanged following release of economic news at 8:30 AM EDT. […]

Pre-opening Comments for Thursday October 28th U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. Trading volume was relatively quiet this morning prior to release of annualized third quarter real GDP at 8:30 AM EDT. Consensus is growth at a 2.8% rate versus growth at a […]

Pre-opening Comments for Wednesday October 27th U.S. equity index futures were mixed this morning. S&P 500 Index were unchanged in pre-opening trade. The Canadian Dollar was quiet at US80.62 cents prior to an economic update to be released by the Bank of Canada at 10:00 AM EDT. A conference call following the update is scheduled […]

Pre-opening Comments for Tuesday October 26th U.S. equity index futures were higher again this morning. S&P 500 futures were up 18 points in pre-opening trade. Facebook added $4.08 to $329.69 after the company reported higher than consensus third quarter earnings. The company also announced an additional $20 billion share buyback program. MMM added $1.60 to […]

Pre-opening Comments for Monday October 25th U.S. equity index futures were higher this morning. S&P 400 futures were up 7 points in pre-opening trade. Bausch Health gained US$0.41 to $29.13 after receiving FDA approval for Xipere Restaurant Brands International added $0.47 to Cdn$76.59 after reporting higher than consensus third quarter earnings. Alibaba slipped $0.40 to […]