U.S. equity index futures were higher this morning. S&P 500 futures were up 37 points at 8:30 AM EDT.Nvidia jumped $58.83 to an all-time high at $1008.33 after reporting higher than consensus first quarter revenues and earnings. The company also raised second quarter guidance and announced a 10 for 1 stock split effective June 7thDupont advanced $3.70 to $82.25 after announcing plans to split...Read More
U.S. equity index futures were lower this morning. S&P futures were down 10 points at 8:30 AM EDT.Urban Outfitters advanced $3.12 to $44.44 after reporting higher than consensus first quarter revenues and earnings. Toll Brothers added $1.81 to $132.03 after reporting higher than consensus fiscal second quarter revenues and earnings.Lululemon dropped $6.98 to $316.00 on news that the company's...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were down 3 points at 8:35 AM EDTThe Canadian Dollar dropped 0.18 to US$73.24 following release of Canada's Consumer Price Index at 8:30 AM EDT. Consensus was an increase of 0.5% versus a gain of 0.6% in March. Actual was an increase of 0.5%. On a year-over-year basis consensus was an increase of 2.7% versus a gain of 2.9% in M...Read More
in Canada. Pre-opening Comments for Friday May 17thU.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:30 AM EDT.Cracker Barrel dropped $6.36 to $50.91 after lower fiscal third and fourth revenue and earnings guidance.Doximity advanced $3.36 to $27.10 after reporting higher than consensus fiscal fourth quarter results. DXC Technology dropped $4.00 to $15....Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points at 8:35 AM EDTS&P 500 futures slipped 3 points following release of U.S. economic news at 8:30 AM EDT. Consensus for April U.S. Housing Starts was an increase to 1.410 million units from 1.321 million units in March. Actual was 1.360 million units. Consensus for the May Philly Fed Index was 7.7 versus 15.5...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 29 points at 8:35 AM EDT.S&P 500 futures advanced 29 points following release of the April U.S. Consumer Price Index at 8:30 AM EDT. Consensus called for an increase of 0.4% versus a gain of 0.4% in March. Actual was an increase of 0.3%. On a year-over-year basis consensus called for an increase of 3.4% versus a g...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points at 8:35 AM EDT.S&P 500 futures dropped 12 points following release of the April U.S. Producer Price Index at 8:30 AM EDT. Consensus for PPI was an increase of 0.3% versus a gain of 0.2% in March. Actual was an increase of 0.5%. On a year-over-year basis, consensus was an increase of 2.1% versus a gain of...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points at 8:30 AM EDT.Intel added $0.34 to $30.19 after announcing plans to spend $11 billion in Ireland to build a microchip plant.Squarespace advanced $4.72 to $42.91 after receiving a purchase offer from a private equity firm for $44.00 per share. Value of the offer is $6.9 billion.Gamestop jumped $7.44 to $24.90...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 16 points at 8:35 AM EDT.The Canadian Dollar advanced 0.15 to US73.27 cents following release of Canada's April Employment Report at 8:30 AM EDT. Consensus called for an employment increase of 20,900 in April versus an employment decrease of 2,200 in March. Actual was an increase of 90,400.. Consensus called for an inc...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 8 points at 8:30 AM EDT.Bank of England decided to maintain its current rate of interest to borrowers.Robinhood Markets advanced $0.80 to $18.65 after reporting higher than consensus first quarter revenues and earnings. Air BNB dropped $12.40 to $145.50 after lower revenue guidanceARM Holdings fell $7.77 to $98.30 aft...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 19 points at 8:30 AM EDT. Electronic Arts dropped $5.54 to $124.70 after reporting less than consensus quarterly revenues.Wynn Resorts gained $2.79 to $100.05 after reporting higher than consensus quarterly revenues and earnings.Lyft advanced $0.50 to $17.10 after reporting higher than consensus first quarter revenues...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade.Boise Cascade gained $3.32 to $139.37 after reporting higher than consensus first quarter revenues and earnings. Hims & Hers added $1.25 to $12.90 after reporting higher than consensus first quarter revenues and earnings. Walt Disney dropped $7.24 to $109.23 despite reporting higher than...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 58 points at 8:35 AM EDTS&P 500 futures added 39 points following release of the U.S. April Employment Report at 8:30 AM EDT. Consensus for April Non-farm Payrolls was a drop to 210,000 from 303,000 in March. Actual was a drop to 175,000. Consensus for the April Unemployment Rate was unchanged from March at 3.8%. Act...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 33 points at 8:35 AM EDT.Index futures were unchanged following release of the March U.S. Trade report at 8:30 AM EDT. Consensus was a deficit of $68.00 billion versus a deficit of $68.90 billion in February. Actual was a deficit of $69.4 billion.Qualcomm advanced $5.74 to $169.70 after reporting higher than consensus...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points at 8:30 AM EDT.Focus today is on the FOMC's announcement on the Fed Fund Rate at 2:00 PM EDT. Consensus calls for no change in the Rate at 5.25%-5.50%.Amazon added $2.16 to $177.16 after reporting higher than consensus first quarter revenues and earnings. Starbucks plunged $10.03 to $78.46 after reporting le...Read More
U.S. equity index futures were lower this morning. S&P 500 futures dropped 23 points at 8:35 AM EDT.The Canadian Dollar dropped 0.22 to US 72.90 cents following release of Canada's February GDP report. Consensus was an increase of 0.3%. Actual was an increase of 0.2%NXP Semiconductor advanced $9.39 to $256.52 after reporting higher than consensus first quarter earnings.F5 dropped $19.49 to $16...Read More
U.S. equity index futures were higher this morning. S&P 500 futures added 12 points at 8:30 AM EDT.Apple advanced $3.34 to $172.64 after Bernstein upgraded the stock to Buy.Southwest Airlines dropped $0.34 to $26.69 after Jefferies downgraded the stock.Domino's Pizza added $22.93 to $522.00 after reporting higher than consensus first quarter earnings. Tesla added $15.16 to $183.30 after receiv...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 46 points at 8:35 AM EDT. S&P 500 futures added 11 points following release of the March PCE Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.3% in February. Actual was a 0.2% increase. On a year-over-year basis, consensus for the March Index was a gain of 2.6% versus a gain of 2.5%...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 50 points at 8:35 AM EDT.S&P 500 futures dropped another 14 points following release of U.S. first quarter annualized GDP at 8:30 AM EDT. Consensus was an increase of 2.5% versus a gain of 3.4% in the fourth quarter. Actual was an increase of 1.6%.Meta Platforms plunged $70.18 to $423.32 after offering second quar...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points at 8:35 AM EDT.S&P 500 Index futures were unchanged following release of the March Durable Goods Orders report at 8:30 AM EDT. Consensus was a 2.5% increase versus a gain of 3.4% in February. Actual was an increase of 2.6%. Excluding transportation orders, consensus was a 0.3% increase versus a 0.3% gain...Read More