U.S. equity index futures were lower this morning. S&P 500 futures were down 24 points at 8:35 AM EDT.The Canadian Dollar was unchanged at 72.75 following release of Canada's July Employment Report at 8:30 AM EDT.Expedia advanced $10.53 to $128.70 after reporting higher than consensus second quarter revenues.Yelp added $0.49 to $34.00 after reporting higher than consensus second quarter revenu...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points at 8:30 AM EDT.Robinhood gained $0.48 to $17.60 after reporting higher than consensus second quarter revenues and earnings.Zillow advanced $5.03 to $46.80 after reporting a narrower loss.CF Industries added $2.20 to $75.50 after reporting higher than consensus second quarter revenues and earnings.Eli Lilly ad...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 55 points at 8:30 AM EDT.Fortinet added $8.20 to $64.01 after reporting higher than consensus second quarter results.Airbnb dropped $18.77 to $111.70 after reporting less than consensus second quarter results.Rivian dropped $0.25 to $14.55 after reporting a higher quarterly loss.Walt Disney dropped $0.57 to $89.40 afte...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 34 points at 8:30 AM EDT.Palantir advanced $3.31 to $27.40 after reporting higher than consensus second quarter revenues.Hims & Hers Health dropped $1.14 to $16.70 after cautioning about greater competitive pressures. Caterpillar added $15.70 to $332.50 after reporting higher than consensus second quarter earnings....Read More
World equity indices are down sharply this morning. S&P 500 dropped 153 to 5,184.56 NASDAQ Composite Index dropped 827 to 15,949.16. Dow Jones Industrial Average dropped 824.90 to 39,055.00. Nikkei Average plunged 3,313.70 to 32,596.00. Shanghai Composite dropped 44.63 to 2,869.70. The London FTSE dropped 195 to 7,981.00 The Paris CAC dropped 152 to 7,099.80. The Frankfurt DAX dropped 470 to 1...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 98 points at 8:35 AM EDT.S&P 500 futures dropped 41 points following release of the U.S. July Employment Report at 8:30 AM EDT. Consensus for July Non-farm Payrolls was a drop to 185,000 from a downwardly revised 179,000 in June. Actual was 114,000. Consensus for July Unemployment Rate was unchanged from June at 4...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 30 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of U.S. second quarter Non-farm Productivity at 8:30 AM EDT. Consensus was a 1.5% increase versus a gain of 0.2% in the first quarter. Actual was a 2.3% increase.Meta Platform advanced $24.16 to $499.00 after reporting higher than consensus...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 65 points at 8:35 AM EDT.The Canadian Dollar added 0.04 to US72.38 cents following release of Canada's May GDP report at 8:30 AM EDT. Consensus was an increase of 0.1% versus a gain of 0.3% in April. Actual was an increase of 0.2%Microsoft dropped $27.00 to $395.92 after reporting a slowdown in Cloud growth.Advanced Mi...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:30 AM EDT.F5 advanced $22.66 to $200.25 after reporting higher than consensus fiscal third quarter earnings. The company also raised fourth quarter guidance. Symbotic dropped $6.19 to $29.44 after reporting less than consensus fiscal third quarter earnings. The company also lowered fourth quarter guidance...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 8:30 AM EDT.Abbott Labs dropped $6.40 to $98.84 after losing litigation on its infant formula. Alibaba added $2.17 to $78.70 after reports that the company has raised fees.McDonald's added $2.25 to $254.25 despite reporting lower than consensus second quarter revenues and earnings. The company extended its...Read More
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. Actual was a gain of 0.1%. On a year-over-year basis, consensus for June PCE Price Index was a gain of 2.4% versus a...Read More
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 1.4% in the first quarter. Actual was an increase of 2.8%ServiceNow added $42.13 to $773.00 after reporting higher than consen...Read More
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 offered to major banks to 4.50%.Alphabet $GOOGL dropped $6.54 to $175.25 after reporting less than consensus second quarter YouTube revenues...Read More
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 to $51.27 after reporting higher than consensus second quarter earnings. NXP Semiconductor dr...Read More
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. Verizon slipped $0.45 to $41.62 after reporting second quarter earnings below consensus.Nvidia added $2....Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EDT.Microsoft dropped $5.97 to $434.40 and Crowdstrike fell $34.75 to $308.20 after a failed systems update by Crowdstrike caused a global outage of Microsystem's IT services.Netflix added $2.96 to $646.00 after reporting higher than consensus second quarter earnings. Intuitive Surgical jumped $27.89 t...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM EDT.S&P 500 futures added 2 points following release of the July Philly Fed Index at 8:30 AM EDT. Consensus was an increase to 2.7 from 1.3 in June. Actual was 13.9.Alcoa added $0.29 to $37.10 after second quarter revenues beat consensus estimates.Kinder Morgan dropped $0.63 to $19.90 after sec...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 52 points at 8:35 AM EDT. S&P 500 futures were unchanged following release of June U.S. Housing Starts at 8:30 AM EDT. Consensus called for an increase to 1.31 million units from 1.277 million units in May. Actual was an increase to 1.353 million units.Gold added US$10.80 to $2478.60 per ounce to an all-time highF...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:35 AM EDTS&P 500 futures added 5 points following release of June U.S. Retail Sales at 8:30 AM EDT. Consensus was a drop of 0.4% versus a gain of 0.1% in May. Actual was unchanged.The Canadian Dollar slipped 0.08 to US$73.07 following release of Canada's June Consumer Price Index at 8:30 AM EDT. Cons...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 24 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of the July Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was an improvement to -5.50 from -6.00 in June. Actual was -6.60.Cleveland Cliffs slipped $0.42 to $15.75 after reaching an agreement to purchase Stelco Holdings for a ca...Read More