U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EST.Snap (SNAP) added $1.11 to $8.40 after reporting higher than consensus third quarter results. The company also raised guidance for the fourth quarter. Seasonal influences are favourable until February 6th. See seasonality chart at www.EquityClock.comArm (ARM) advanced $6.81 to $167.00 after rep...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EST.The Canadian Dollar dropped 0.14 to US70.76 cents following release of the Canada's Federal Government Budget.Cava (CAVA) dropped $2.09 to $49.61 after the company trimmed its sales outlook.Pinterest (PINS) dropped $ 6.21 to $26.70 after the company projected fourth quarter revenues below consensus...Read More
U.S. equity index futures were sharply lower this morning. S&P 500 futures were down 79 points at 8:30 AM EDT.Today is Election Day in the U.S. and Federal Budget Day in Canada. Franco-Nevada (FNV) added $1.01 to US$188.88 after reporting record third quarter revenues and earnings. Starbucks (SBUX) gained $1.54 to $82.50 after announcing a joint venture with a company in China.Clorox (CLX) add...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EST.December crude oil futures advanced $0.34 to $61.32 per barrel after OPEC+ announced plans to pause oil output hikes in the first quarter of 2026 following a modest boost in December.New Gold is expected to open higher after Coeur Mining offered to acquire the company for 0.4959 Coeur shares. V...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 60 points at 8:30 AM EDT.Apple added $9.26 to $280.66 after reporting higher than consensus fiscal fourth quarter revenues and earnings.Amazon advanced $20.00 to $242.86 after reporting higher than consensus third quarter revenues and earnings.Netflix gained $31.59 to $1,120.59 after announcing a 10 for one stock split...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points at 8:30 AM EDTMicrosoft (MSFT) dropped $11.51 to $529.81 after reporting less than consensus fiscal first quarter results.Meta Platforms (META) dropped $50.00 to $701.40 after reporting lower than consensus profit margins in the third quarter. Alphabet (GOOG) advanced $14.63 to $289.80 after reporting higher...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:30 AM EDT.Bank of Canada's interest rate decision is released at 9:45 AM EDT. The Bank of Canada is expected to lower its overnight lending rate for major Canadian banks by 0.25% to 2.25%. Press conference is scheduled at 10:30 AM EDT.FOMC interest rate decision is released at 2:00 AM EDT. The Federal Re...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 9 points at 8:30 AM EDT.Nucor (NUE) advanced $3.84 to $271.00 after reporting higher than consensus third quarter earnings. Seasonal influences are favourable until March 4th. See seasonality chart at www.EquityClock.comNXP Semiconductors (NXPI) added $2.40 to $221.56 after reporting higher than consensus third quarter...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 54 points at 8:30 AM EDT. Futures responded to news that China and the U.S. have reached a frame work agreement for trade negotiations. Gold dropped $95.00 to $4,042.70 per ounceArgentina ETF added $12.25 to $86.50 after President Milei's party expanded its control.Keurig Dr. Pepper advanced $1.70 to $28.86 after the c...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 50 points at 8:35A AM EDT.S&P 500 futures advanced 30 points following release of the September Consumer Price Index at 8:30 AM EDT. Consensus was a 0.4% increase. Actual was a 0.3% increase. Excluding food and energy, consensus was a 0.3% increase. Actual was a 0.2% increase.Intel added $2.29 to $40.30 after repor...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:30 AM EDTTesla dropped $6.48 to $432.40 after reporting less than consensus third quarter earnings. IBM dropped $14.11 to $273.40 after reporting less than consensus third quarter software revenues. Las Vegas Sands added $2.79 to $53.41 after reporting higher than consensus third quarter results. Season...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EDT.Netflix dropped $77.36 to $1,163.99 after reporting lower than consensus third quarter earnings. Texas Instruments dropped $15.04 to $165.80 after reporting less than consensus third quarter results. The company also lowered guidance.Intuitive Surgical advanced $74.07 to $536.81 after reporting...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:35 AM EDT,The Canadian Dollar added 0.10 to US72.32 cents following release of Canada's September Consumer Price Index. Consensus on a year-over-year basis was an increase to 2.2% from 1.9% in August. Actual was a 2.4% increase.Rogers Communications, owner of the Toronto Blue Jays is expected to open higher...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points at 6,725.00 at 8:30 AM EDT. Early strength in the S&P 500 was helped with a reiteration by Morgan Stanley's strategists that the S&P 500 Index will pass through 7,000 next year. The Nikkei Average added 1,603.35 to an all-time high at 49,185.50 in anticipation of Sanae Takaichi becoming Japan's next p...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:30 AM EDT. Eli Lilly dropped $33.42 to $785.97 and Novo Nordisk dropped $2.34 to $53.75 after President Trump promised that cost for users weight-loss drugs will be much lower.CSX added $0.91 to $36.90 after reporting higher than consensus third quarter earnings. Seasonal influences are favourable until...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points at 8:30 AM EDTJB Hunt Transport Services gained $15.70 to $154.53 after reporting higher than consensus third quarter results. United Airlines slipped $0.81 to $103.24 after reporting less than consensus third quarter revenues. Seasonal influences are favourable until November 14th. See seasonality chart at w...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 49 points at 8:30 AM EDT.Stellantis advanced $0.49 to $10.40 after announcing a $13 billion plan to boost U.S. manufacturing. Seasonal influences are favourable until January 13th. See seasonality chart at www.EquityClock.comBank of America added $2.40 to $52.49 after reporting higher than consensus third quarter earni...Read More
U.S. equity indices moved higher yesterday after concerns about an escalating tariff war with China lessened. The S&P 500 Index added 105.21 to 6,654.72.U.S. equity index futures moved lower this morning. S&P 500 futures were down 59 points to 6,635 at 8:30 AM EDT.Yesterday, Gold bullion added $96.40 to another all-time high at US$4,109.65. This morning gold added another $17.40 per ounce....Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 25 points at 8:30 AM EDT.The Nikkei Average jumped 2,175.26 to 47,944.76 after selection of Sanae Takaichi as Japan's first female prime minister. Advanced Micro Devices gained $39.04 to $203.71 after signing a deal to provide AI chips to Open AIBitcoin briefly moved above US$125,000 to an all-time high. Comerica advan...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT.The U.S. September Non-farm Payrolls report scheduled for release at 8:30 AM EDT has been postponed due to shutdown of U.S. Federal Government services.Applied Materials dropped $7.69 to $215.90 after noting that it expects a $710 million hit to fourth quarter revenues triggered by new export re...Read More