Pre-opening Comments for Tuesday May 16th U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:35 AM EDT. Index futures moved lower following release of April U.S. Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.7% versus a drop of 0.6% in March. Actual was […]

Pre-opening Comments for Monday May 15th U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:35 AM EDT. Index futures weakened following release of the May Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was a drop to -2.00 from +10.80 in June. Actual was a drop […]

Pre-opening Comments for Friday May 12th U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT. Air Canada (AC Cdn$21.01) is expected to open higher after reporting higher than consensus first quarter revenues and earnings. Twillo dropped $0.73 to $46.75 after Mizuho downgraded the stock from […]

Pre-opening Comments for Thursday May 11th U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT. Bank of England raised its overnight lending rate by 0.25% as expected. Index futures were unchanged following release of the U.S. April Producer Price Index at 8:30 AM EDT. Consensus was an […]

Pre-opening Comments for Wednesday May 10th 2023 U.S. equity index futures were lower this morning. S&P 500 futures were up 15 points at 8:35 AM EDT. U.S. equity index futures moved higher following release of the U.S. April Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.4% versus a gain of […]