Posts Tagged ‘S&P futures’

Crude Drops Below $109, Stocks Looking Bullish

By Kristina Zurla Landgraf • Sep 2nd, 2008 • Category: Broker Commentary, Market Updates

Hurricane Gustov did less damage than feared to the U.S. Gulf Coast and oil refining areas, sending crude oil down below $109 a barrel. The stock market liked the news, with major market averages up in early trading. September S&P futures were last up 11.50 at 1294.50.
“It looks like a bullish day,” said Jeff [...]


Theme of the Day: Thin and Choppy Markets

By Kristina Zurla Landgraf • Aug 29th, 2008 • Category: Broker Commentary, Market Updates

S&P futures were down in early trade a worse-than-expected corporate earnings report from Dell, an uptick in oil prices, and a report showing personal spending in July dropped from June’s pace. The Commerce Department reported a 0.2 percent rise in consumer spending, slower than the 0.6 percent increase in June. Personal income fell 0.7 percent [...]