U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points at 8:35 AM EST.Index futures added 11 points following release of February Non-farm Payrolls at 8:30 AM EST. Consensus was an increase to 170,000 from 143,000 in January. Actual was 151,000. February Unemployment Rate was expected to remain unchanged from January at 4.0%. Actual was an increase to 4.1%. Febru...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 70 points at 8:30 AM EST. European Central Bank lowered its lending rate to major banks by 0.25%.Zscaler advanced $9.84 to $206.29 after offering guidance above consensus.Marvel Technology dropped $13.45 to $76.69 after offering guidance below consensusMongoDB dropped $44.13 to $220.30 after offering guidance below co...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT.CrowdStrike dropped $33.76 to $356.40 after offering an outlook below consensus.Enbridge is expected to open higher after announcing plans for a Cdn$2.5 billion upgrade to its oil and gas distribution system.Ross Stores added $0.45 to $136.42 after increasing its dividend by 10%.Palantir advanced $...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 45 points at 8:30 AM EST.President Trump speaks to a joint Congress tonight at 9:00 PM EST.American Express added $0.39 to $295.88 after raising its quarterly dividend by 17%.Okta advanced $11.65 to $99.00 after reporting higher than consensus fourth quarter results. The company also offer positive guidance for fiscal...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 26 points at 8:30 AM EST.Southwest Airlines dropped $0.80 to $30.26 after JP Morgan downgraded the stock from Neutral to Under WeightChipotle advanced $1.41 to $55.38 after Morgan Stanley upgraded the stock from Equal Weight to Overweight.Intel added $1.21 to $24.94 on news that Broadcom and Nvidia could become potenti...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 19 points at 8:35 AM EST.S&P 500 futures added 13 points following release of U.S. economic news at 8:30 AM EST. Consensus for January Core PCE Price Index was a 0.3% increase versus a 0.2% gain in December. Actual was a 0.3% increase. Consensus for January U.S. Personal Income was a 0.3% increase versus a 0.4% gai...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 32 points at 8:30 AM EST.Intuit advanced $31.37 to $587.00 after reporting higher than consensus second quarter results.Masimo gained $10.46 to $180.00 after offering a positive 2025 outlook.Workday added $26.80 to $282.02 after announcing higher than consensus subscription revenue growth in the fourth quarter. General...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:30 AM EST.Nvidia advanced $3.06 to $134.34 after reporting higher than consensus fourth quarter results. Royal Bank is expected to open higher after reporting higher than consensus fiscal first quarter earnings. Snowflake added $15.01 to $181.20 after reporting higher than consensus fourth quarter revenu...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EST.Zoom Video Communications $ZM dropped $1.04 to $80.40 after offering quarterly guidance below consensusCleveland Cliffs $CLF dropped $0.55 to $10.60 after reporting a quarterly loss.Bank of Montreal is expected to open higher after reporting better than consensus fiscal first quarter results.Ban...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 31 points at 8:30 AM EST. Berkshire Hathaway added $5.66 to $484.40 after reporting higher than consensus fourth quarter revenues and earnings.Domino's Pizza dropped $17.37 to $445.00 after reporting less than consensus fourth quarter results. Nike gained $1.73 to $78.23 after Jefferies upgraded the stock from Hold to...Read More
Pre-opening Comments for Friday February 21stU.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EST.Newmont Mining added $1.06 to $49.15 after reporting higher than consensus fourth quarter revenues. Floor & D?cor advanced $11.08 to $103.92 after reporting higher than consensus fourth quarter earnings. The company also offer positive guidance. B...Read More
Pre-opening Comments for Thursday February 20thU.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EST.S&P 500 futures were unchanged following release of the February Philly Fed Manufacturing Index at 8:30 AM EST. Consensus was a drop to 13.2 from 44.3 in January. Actual was 18.1.Cheese Cake Factory added $0.51 to $54.80 after reporting higher...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 23 points at 8:35 AM EST. The Canadian Dollar added 0.04 to US70.42 cents following release of Canada's January Consumer Price Index at 8:30 AM EST. Consensus was unchanged versus a 0.4% drop in December. Actual was a 0.1% gain. On a year-over-year basis, January CPI increased 1.9% from 1.8% in December.Intel gained $1...Read More
Pre-opening Comments for Wednesday February 19thU.S. equity index futures were lower this morning. S&P 500 futures were down 12 points at 8:35 AM ESTS&P 500 futures were unchanged following release of U.S. January Housing Starts at 8:30 AM EST. Consensus was a drop to 1.370 million units from 1.499 million units in December. Actual was 1.37 million units.Devon Energy added $0.32 to $35.20...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:35 AM EST.S&P 500 futures recovered 2 points following release of January U.S. Retail Sales at 8:30 AM EST. Consensus called for s 0.2% drop versus a gain of 0.4% in December. Actual was a 0.9% drop. Excluding auto sales, consensus was a 0.3% drop versus a 0.4% gain in December. Actual was a 0.4% dro...Read More
Pre-opening Comments for Thursday February 13thU.S. equity index futures were lower this morning. S&P 500 futures were up 7 points at 8:35 AM EST.S&P 500 futures added 11 points following release of the January Producer Price Index at 8:30 AM EST. Consensus was a 0.3% gain versus a 0.2% gain in December. Actual was a 0.4% gain. Excluding food and energy, consensus was a 0.3% gain versus no...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 64 points at 8:35 AM EST.S&P 500 futures dropped 64 points following release of the January U.S. Consumer Price Index at 8:30 AM EST. Consensus was a 0.3% increase versus a 0.4% gain in December. Actual was a 0.5% increase. On a year-over-year basis, consensus was a 2.9% increase versus a 2.9% increase in December...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points at 8:30 AM EST.Focus today is on Federal Reserve Chairman Powell's testimony to a congressional committee updating U.S. monetary policy.Coca Cola advanced $2.20 to $66.80 after reporting higher than consensus fourth quarter revenues and earnings. Dupont added $2.77 to $79.03 after reporting higher than conse...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:30 AM EST.Steel ETF $SLX advanced $2.11 to $63.45 in anticipation of a 25% tariff on steel and aluminum imports to the U.S. expected to be announced today.Gold prices moved higher following the tariff announcement on steel and aluminum Gold bullion futures gained $42.40 to an all-time high at $2,930.00 p...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:35 AM EST. S&P 500 futures slipped 2 points following release of the U.S. January Employment Report. Consensus for January Non-farm Payrolls was 175,000, down from upwardly revised 307,000 in December. Actual was 143,000. Consensus for the January Unemployment Rate was 4.1%, unchanged from December....Read More