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 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 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 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
U.S. equity index futures were higher this morning. S&P 500 futures were up 12 points at 8:30 AM EST.The Bank of England lowered its lending rate to major banks from 4.75% to 4.50%.Qualcomm dropped $8.31 to $167.69 after announcing lower than expected intellectual property licencing revenues in fiscal first quarter. Ford dropped $0.54 to $9.47 after offering weaker than consensus first quarter...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 23 points at 8:35 AM EST.S&P 500 futures were unchanged following release of the December U.S. Trade Report at 8:30 AM EST. Consensus was an increase in the deficit to $97.10 billion versus a deficit of $78.20 billion in November. Actual was a $98.4 billion deficit.Advanced Micro Devices dropped $4.63 to $114.91 a...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:30 AM ESTPalantir advanced $18.67 after reporting higher than consensus fourth quarter results.Clorox dropped $2.80 to $156.98 after lowering its revenue outlook.Aecom added $2.10 to $105.95 after reporting higher than consensus fiscal first quarter earnings. The company also offered positive guidance. Me...Read More
U.S. equity index futures are sharply lower this morning. S&P 500 futures were down 92 points at 8:30 AM EST. Index futures around the world moved lower following President Trump's announcement on tariffs that will hit U.S. imports starting tomorrow.The Canadian Dollar plunged 0.63 to US68.14 cents following the tariff news. It fell in overnight news to a 22 year low at US68.50 cents before re...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 24 points at 8:35 AM EST.S&P 500 futures slipped 4 points following release of economic news at 8:30 AM EST. Consensus for the December Core PCE Price Index was a 0.2% increase versus a 0.1% gain in November. Actual was a 0.2% gain. December U.S. Personal Income was expected to increase 0.4% versus a 0.3% gain in Nov...Read More