Pre-opening Comments for July 26th U.S. equity index futures were higher this morning. S&P 500 futures were up 40 points at 8:35 AM EDT. S&P 500 futures slipped 4 points following release of economic reports released at 8:30 AM EDT. Consensus for June PCE Price Index was a gain of 0.1% versus unchanged in May. […]

Pre-opening Comments for Thursday July 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:35 AM EDT. S&P 500 recovered 7 points following release of first reading of second quarter annualized real GDP at 8:30 AM EDT. Consensus was a 2.0% increase, up from a gain of […]

Pre-opening Comments for Wednesday July 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 50 points at 8:30 AM EDT. The Bank of Canada updates its monetary policy at 9:45 AM EDT. A press conference is offered at 10:30 AM EDT. Consensus calls for a 0.25% cut in its rate […]

Pre-opening Comments for Tuesday July 23rd 2024 U.S. equity index futures lower this morning. S&P 500 futures were down 6 points at 8:30 AM EDT. Nucor dropped $1.63 to $161.71 after lowering its third quarter earnings outlook. Cleveland Cliffs added $0.19 to $15.40 after reporting better than consensus second quarter results. Zion Bancorp gained $1.79 […]

Pre-opening Comments for Monday July 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 37 points at 8:30 AM EDT. CrowdStrike dropped another $12.73 to $292.23 after Guggenheim downgraded the stock from Buy to Neutral. Air Canada is expected to open lower after the company trimmed its full year guidance. […]