A.M. Update
Today’s biggest data point came in better than expected, the April Payrolls report. April nonfarm payrolls increased by 428,000 (consensus...
A.M. Update
S&P futures are up +0.15% as the market digests some cautious earnings and the Fed’s 2-day FOMC policy meeting kicks...
A.M. Update
Index futures are off to a muted and mixed start to the month. S&P futures are down -0.15%, Dow futures...
A.M. Update
Global equities trade higher, but Index futures are lower off overnight highs due to Apple (-1.25%) and Amazon’s (-10.3%) earnings...
A.M. Update
S&P futures are up +0.4% amid another round of mostly better-than-expected earnings reports. NASDAQ-100 futures trade up +0.25% after being...
A.M. Update
S&P futures are down about 0.45% after a pretty remarkable intraday reversal yesterday. Besides earnings season in full swing, growth...
A.M. Update -Yields Sharply Lower
The S&P 500 futures trade lower by -0.4% after very ugly closes Thursday and Friday as growth and rate concerns...
A.M. Update – S&P Unchanged for the Week
S&P futures have been pretty steady overnight, down about the same -0.25% as last night, and entering the session unchanged...
A.M. Update
S&P futures are up +0.9%, NASDAQ-100 futures are up +1.2%. The growth stocks seemed to have gotten over the Netflix disappointment yesterday...
A.M. Update
Index futures are up +0.4% after an overnight consolidation, despite Netflix sinking -28% after earnings. The company lost 200,000 global...
A.M. Update
I’m not sure if this is from Fed speak or the IMF cutting global growth forecasts, while raising inflation forecasts,...
A.M. Update
Asian stocks closed mostly lower, while Europe remains closed for Easter. S&P futures are down -0.35% as treasury yields push...
A.M. Update
Index futures are trading between flat and down -0.3% (S&P -025%) in what remains consolidative activity from yesterday’s gains as...
A.M. Update
S&P futures are near unchanged, giving up about a half-percent pre-market gain as the Q1 earnings reporting season begins in...
A.M. Update – CPI Better-Than-Feared
Core CPI for March came in better than feared. Total CPI rose 1.2% m/m in March, as expected, while core...
A.M. Update
S&P futures trade -0.7% lower as Treasury yields continue to push higher in front of a consequential week for economic...
A.M. Update
Index futures rose +0.5% earlier to end the volatile week, but true to the week’s form, S&P futures are set...
A.M. Update
S&P futures have vacillated between slightly higher and currently slightly lower (-0.15%) related to Ukraine peace-talk headlines. Yields trading mixed...
A.M. Update
Foreign equity markets followed Wall Street lower. The equity futures market is extending yesterday’s losses as interest rates continue to...
A.M. Update
S&P futures are lower by -0.25%. Investors are waiting for key data on the services sector, speeches from several Fed...