Equity index futures were lower this morning. S&P 500 futures were down 30 points at 8:35 AM EDT.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT:Consensus for the August Empire State Manufacturing Survey was a drop of 0.75 versus a gain of 1.10 in July. Actual was a drop of 19.0. Consensus for U.S. July Retail Sales was an increase of 0.4% versus a gain...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.US Steel gained $0.22 to $22.72 after the company confirmed receipt of multiple unsolicited proposals to acquire some or all of the company.Amgen gained $0.96 to $263.47 after Mizuho raised its target price from $214 to $223.Tesla dropped $4.95 to $237.70 after reducing the price of its a...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT.S&P 500 futures dropped 6 points following release of the July Producer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.1% in June. Actual was an increase of 0.3%. On a year-over-year basis consensus was an increase of 0.7% versus a gain of 0.1% in June. Ac...Read More
Equity index futures were higher this morning. S&P 500 futures added 25 points at 8:35 AMIndex futures were unchanged following release of U.S. July Consumer Price Index at 8:30 AM EDT. Consensus was an increase 0.2% versus a gain of 0.2% in June. Actual was an increase of 0.2%. On a year-over-year basis, consensus was expected to increase 3.1% versus a gain of 3.0% in June. Actual was an incr...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. IAC dropped $5.98 to $61.10 after reporting lower than consensus second quarter revenues. ZipRecruiter fell $2.13 to $15.26 after lowering third quarter revenue guidance.Toast gained $2.56 to $22.78 after reporting higher than consensus second quarter revenues. Wal-Mart added $0.29 to $16...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 33 points at 8:35 AM EDT. Index futures were unchanged following release of the U.S. June Trade Balance at 8:30 AM EDT. Consensus was a deficit of $65.70 billion versus a deficit of $69.00 billion in May. Actual was a deficit of $65.5 billionPalantir added $0.26 to $18.25 after offering positive revenue guidance. The...Read More
(In Aug 7 story, corrects to 2021 from 2011 in third paragraphand removes incorrect paragraph on Piedmont's supply to Teslarelying partly on Atlantic's Ghana operations) Aug 7 (Reuters) - Atlantic Lithium said onMonday the Africa-focused company was confident of getting alease for a lithium mine in Ghana following the approval of agreen minerals policy by the country's government. The company sai...Read More
Index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT.Index futures were unchanged following release of July Non-farm Payrolls released at 8:30 AM EDT. Consensus calls for an increase of 184,000 versus a gain of 209,000 in June. Actual was an increase of 187,000. Consensus calls for the July Unemployment Rate to be unchanged from June at 3.6%. Actual was 3,5%....Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points at 8:35 AM EDTIndex futures were unchanged following release of U.S. second quarter Non-farm Productivity at 8:30 AM EDT. Consensus was an increase of 1.1% versus a drop of 2.1% in the first quarter. Actual was an increase of 3.7%.Bank of England raised its discount rate by 0.25% to 5.25%.Qualcomm dropped $9...Read More
Equity index futures were lower this morning. S&P 500 futures were down 26 points at 8:30 AM EDT.Index futures moved lower overnight after Fitch downgraded the U.S. long term credit rating from AAA to AA+Advanced Micro Devices gained $4.97 to $122.57 after reporting higher than consensus quarterly results.Mosaic slipped $0.23 to $40.00 after reporting lower quarterly revenues and earnings. Ele...Read More
U.S. equity index futures were lower this morning. S&P 500 Index was down 19 points at 8:30 AM EDT.Republic Services added $0.64 to $151.75 after reporting higher than consensus second quarter results. The company also offered positive guidance. Pfizer dropped $0.32 to $35.74 after reporting less than consensus second quarter earnings. Caterpillar advanced $3.33 to $268.50 after reporting high...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:30 AM EDT.Salesforce.com dropped $3.84 to $221.76 after Morgan Stanley downgraded the stock from Overweight to Equal Weight.Ford slipped $0.13 to $13.13 after Jefferies downgraded the stock from Buy to Hold.United Parcel Services dropped $1.96 to $185.93 after Credit Suisse downgraded the stock from Outpe...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:35 AM EDTIndex futures were unchanged following release of economic news at 8:30 AM EDT:June Core PCE Price Index was expected to increase 0.2% versus a gain of 0.3% in May. Actual was an increase of 0.2%. On a year-over-year basis, the Index was expected to increase 4.2% versus a gain of 4.6% in May. Ac...Read More
Equity index futures were higher this morning. S&P 500 futures added 36 points at 8:35 AM.S&P 500 futures added 4 points following release of economic news at 8:30 AM EDT:June Durable Goods Orders were expected to increase 1.0% versus a gain of 1.7% in May. Actual was an increase of 4.7%. Excluding Transportation, June Durable Goods Orders were expected to slip 0.1% versus a gain of 0.6% i...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:30 AM EDT.Focus today is release of the Federal Reserve's decision on interest rates at 2:00 PM EDT. Consensus calls for a 0.25% in the Fed Fund Rate to 5.50%. Microsoft dropped $11.86 to $339.12 despite reporting higher than consensus fiscal fourth quarter revenues and earnings Wells Fargo gained $1.37...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 2 points at 8:30 AM EDT.Whirlpool dropped $2.26 to $148.50 despite reporting higher than consensus second quarter earnings. The company reported less than consensus second quarter revenues. NXP Semiconductors added $2.72 to $213.60 after reporting higher than consensus second quarter revenues and earnings. F5 Inc advan...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EDT.Today is the last trade day for July listed equity and index options. The Canadian Dollar slipped 0.05 to U.S.75.79 following release of May Canadian Retail Sales at 8:30 AM EDT. Consensus was an increase of 0.5% versus a downwardly revised 1.1% gain in April. Actual was an increase of 0.2%.Cap...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points at 8:35 AM EDT.Index futures were unchanged following release of the July Philly Fed Manufacturing Index at 8:30 AM EDT. Consensus was an improvement to -9.7 from -13.7 in June. Actual was -13.5.Netflix dropped $39.44 to $438.15 after reporting less than consensus second quarter revenues. The company also of...Read More
U.S. equity index futures were mixed this morning S&P 500 futures were unchanged at 8:35 AM EDT.Index futures were unchanged following release of U.S. June Housing Starts at 8:30 AM EDT. Consensus was a drop to 1,450,000 units from revised 1,559,000 units in May. Actual was a drop to 1.434,000 units.Interactive Brokers dropped $3.70 to $82.47 after reporting less than consensus second quarter...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:35 AM EDTIndex futures were unchanged following release of June U.S. Retail Sales at 8:30 AM EDT. Consensus was a gain of 0.2% versus a gain of 0.3% in May. Actual was a gain of 0.2%.The Canadian Dollar was unchanged at US75.82 cents following release of Canada's June Consumer Price Index at 8:30 AM EDT....Read More