A.M. Update
S&P futures are flattish, down around 0.1%. Today marks the official start of the so-called Santa Claus rally period, which...
A.M. Update
S&P futures were trading down about -0.3% as earnings reports from Micron (MU) and CarMax (KMX) disappointed, until the Q3...
A.M. Update
S&P futures are up +0.8%. Dow futures are up +1% as Treasury yields fall. The market has also reacted positively...
Early Update – Better Tone After Another Successful Test of $3800
10:20 a.m. ET Higher Yields – this time participated by the Bank of Japan’s surprising shock announcement revising their yield...
A.M. Update
S&P futures are down -0.2% at $3837, recovering off a sharp decline after a surprise move by the Bank of...
A.M. Update
S&P futures are trading just above the unchanged mark. There are ongoing reports about COVID cases increasing rapidly in China....
A.M. Update
S&P futures are down -1% on this quad-witching options expiration day with some $4 trillion in notional expiring, making it...
A.M. Update
S&P futures are down -1.3% after a litany of other banks joined the Fed in raising rates this week. The...
A.M. Update
S&P futures are little changed, down less than 0.1% as market participants await the FOMC decision at 2:00 p.m. ET,...
A.M. Update – CPI Cooler Than Expected
S&P futures are up +2.95%, they were up about +0.6% 30 minutes before the CPI report. The consumer price index...
A.M. Update
Coming off last week’s losses, the equity futures market indicates a modestly higher open. S&P futures are up +0.25%. Still,...
A.M. Update
S&P and NASDAQ-100 futures are up +0.55%. Weekly initial jobless claims totaled 230,000 (consensus 220,000) after a revised 226,000 count...
A.M. Update
S&P futures are down -0.2%, off morning lows of about -0.75%. NASDAQ-100 futures are down -0.4%, off morning lows of...
A.M. Update
S&P futures are trading unchanged, it looks like we’re getting or will get that test of yesterday’s low I mentioned...
A.M. Update
S&P futures are down -0.6% at this point. That does nothing to recent price action, except maybe help confirm the...
A.M. Update – Payrolls Beat, Wages Rise
S&P futures were about unchanged coming into the Payrolls report. Payrolls blew away expectations and sent S&P futures lower (-1.45%)....
A.M. Update – More Cooling Inflation Data
S&P futures were trading about in line with fair value into the morning session before economic data hit. This price...
A.M. Update
S&P futures are unchanged as market participants continue the wait-and-see stance ahead of Powell’s comments at 1:30 p.m. ET at the...
A.M. Update
S&P futures have had a choppy overnight session, up +0.3% an hour go, then down -0.1% a few minutes ago,...
A.M. Update
S&P futures are down -0.7%. The negative tone in the equity futures is being fed reportedly by concerns over protests...