U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:30 AM EDT.Lockheed Martin gained $5.77 to $608.97 after announcing a 4.8% dividend increase and a boost in its share buyback program.Levi Straus dropped $2.12 to $18.94 after trimming its earnings guidance. Tesla dropped $2.87 to $246.15 after reporting less than consensus third quarter deliveries.Chines...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points at 8:30 AM EDT.WTI Crude Oil added $2.38 to $72.21 per barrel due to growing tensions between Israel and Iran.Nike dropped $4.43 to $84.70 after reporting less than consensus fiscal first quarter earnings and after withholding guidance for fiscal 2025.Humana dropped $68.75 to $210.90 due to Medicare Ad...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points at 8:30 AM EDT. CVS Health gained $1.91 to $64.79 after announcing a review of options including a possible breakup of the company.Boeing dropped $1.39 to $150.65 after announcing plans to raise $10 billion by selling shares. McCormick added $1.69 to $83.99 after reporting a higher than consensus fiscal...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 13 points at 8:30 AM EDT.Federal Reserve chairman Powell is scheduled to release a comment at 1:55 PM today.Nikkei Average dropped 1,910.10 to $37,919.55 after Ishiba's selection as Japan political leader. He noted that he plans to call for a election in Japan on October 27thU.S. auto stock stocks moved lower after St...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points at 8:35 AM EDT.S&P 500 index futures added 5 points following release of economic news at 8:30 AM EDT. Consensus for August PCE Price Index was a 0.2% gain versus a 0.2% gain in July. Actual was a 0.1 % gain. Consensus for core August PCE Price Index was a gain of 0.2% versus a 0.2% gain in July. Actual wa...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 48 points at 8:35 AM EDT.S&P 500 futures added 4 points following release of economic news at 8:30 AM EDT. Consensus for August Durable Goods was a 2.8% decline versus a 9.9% gain in July (impacted by Boeing aircraft sales in July prior to a strike threat). Actual was unchanged. Next estimate for second quarter ann...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 3 points at 8:30 AM EDT.KB Homes dropped $5.18 to $82.24 after reporting less than consensus fiscal third quarter earnings.Progress Software advanced $3.02 to $60.22 after raising guidance following release of third quarter results. Worthington Enterprises dropped $1.60 to $43.69 after reporting less than consensus fi...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points at 8:30 AM EDT.Chinese equity ETFs added 4% after the Chinese government announced a monetary stimulus package intended to revive the economy.Biogen gained $3.25 to $199.06 after announcing positive results for a lupus treatment.Thor Industries dropped $2.41 to $100.78 after the company lowered its annual guid...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.WTI crude oil gained $0.10 to $71.10 per barrel in response to escalating conflicts in the Middle East.Constellation Energy added another $7.62 to $262.60 following news that the company has reached an agreement with Microsoft to provide additional power from its Three Mile Island complex. Uran...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points at 8:35 AM EDT.Today is "triple witching day" when volumes on North American exchanges are well above average. The Canadian Dollar was unchanged at US73.79 cents following release of Canada's July Retail Sales report at 8:30 AM EDT. Consensus was a 0.6% increase versus a gain of 0.3% in June. Actual was a 0.9...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points at 8:35 AM EDT.S&P 500 futures added 2 points following release of the August Housing Starts report at 8:30 AM EDT. Consensus was an increase to 1.250 million units from 1.238 million units in July. Actual was 1.356 million units.Microsoft added $2.08 to $437.23 and Blackrock advanced $0.61 to $905.13 afte...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points at 8:35 AM EDT.S&P 500 futures slipped 2 points following release of U.S. August Retail Sales at 8:30 AM EDT. Consensus was a 0.2% increase versus a 1.0% gain in July. Actual was a 0.1% increase. Excluding auto sales, consensus was a 0.3% increase versus a 0.4% gain in July. Actual was a 0.1% gain.The Can...Read More
U.S. equity index futures were lower this morning. S&P 500 future were down 5 points at 8:35 AM EDT.S&P 500 futures were unchanged following release of the September Empire State Manufacturing Survey at 8:30 AM EDT. Consensus was an improvement to -3.90 from -4.70 in August. Actual was an improvement to +11.5.Pfizer added $0.11 to $29.27 after announcing that a drug for a deadly canc...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Adobe dropped $53.55 to $533.00 after offering fiscal fourth quarter guidance below consensus.Keurig Dr. Pepper added $0.95 to $38.00 after raising its quarterly dividend by 7%.RH advanced $48.26 to $304.75 after issuing positive guidance on demand for home wares.IBEX added $2.37 to $19.10 afte...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points at 8:35 AM EDT.S&P 500 futures dropped 8 points following release of the U.S. August Producer Price Index at 8:30 AM EDT. Consensus was a 0.2% increase versus a 0.1% gain in July. Actual was a 0.2% increase. On a year-over-year basis, consensus was a 1.8% gain versus a 2.2% gain in July. Actual was a 1.7%...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 27 points at 8:35 AM EDT.S&P 500 futures dropped 21 points following release of the U.S. August Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.2% in July. Actual was a 0.2% increase. On a year-over-year basis, August CPI was expected to increase 2.6% versus a gain of 2.9%...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures added 13 points at 8:30 AM EDT Oracle gained $12.92 to $152.81 after reporting higher than consensus fiscal first quarter revenues and earnings. Apple dropped $2.53 to $218.38 after losing a tax case to the European Union. Apple must pay a $14.4 billion penalty.Alphabet dropped $0.26 to $148.45 after losing a final Europe...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 16 points at 8:30 AM EDT.S&P 500 futures recovered 9 points following release of the U.S. August Employment Report at 8:30 AM EDT. Consensus for August Non-farm Payrolls was 164,000 versus 114,000 in July. Actual was 142,000. Consensus for the August Unemployment Rate was a slip to 4.2% from 4.3% in July. Actual w...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points at 8:35 AM EDTHewlett Packard Enterprises dropped $0.78 to $17.99 after reporting less than consensus third quarter earnings. Verint Systems dropped $4.07 to $25.80 after reporting less than consensus quarterly results. JetBlue added $0.19 to $5.22 after raising third quarter guidance.Verizon gained $0.49 to...Read More
U.S. equity futures were lower this morning. S&P 500 futures were down 24 points at 8:35 AM EDT.S&P 500 futures dropped 3 points following release of the July Trade report at 8:30 AM EDT. Consensus was a deficit of $79.10 billion versus a deficit of $73.10 billion in June. Actual was a deficit of $78.8 billion.GitLab gained $5.92 to $50.50 after reporting higher than consensus second...Read More