Pre-opening Comments for Thursday May 25th U.S. equity index futures were higher this morning. S&P 500 futures were up 27 points at 8:35 AM EDT. Index futures eased slightly after 8:30 AM EDT following release of second estimate of first quarter annualized U.S. GDP. Consensus was unchanged growth at 1.1%. Actual was growth at 1.3%. […]

Pre-opening Comments for Wednesday May 24th U.S. equity index futures were lower this morning. S&P 500 futures were down 14 points at 8:30 AM EDT. Bank of Montreal and Scotia Bank are expected to open lower after announcing larger than expected loan loss provisions in their fiscal second quarter report. Intuit dropped $23.80 to $426.00 […]

Pre-opening Comments for Tuesday May 23rd U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT. Index futures moved lower following release of the May Philly Fed Index at 8:30 AM EDT. The Index was reported at -16.0 versus -22.8 in April. Chevron added $1.44 to […]

Pre-opening Comments for Monday May 22nd U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EDT. Canadian equity markets are closed for the Victoria Day holiday. Micron dropped $3.01 to $65.16 after the Chinese government sanctioned the company. Meta Platform fell $3.04 to $242.60 after the […]

Editor’s Note: Although Monday is a holiday in Canada, Tech Talk will be available as usual. Pre-opening Comments for Friday May 19th U.S .equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:35 AM EDT. The Canadian Dollar was unchanged at US74.21 cents following release of March Canadian Retail […]