Tech Talk for Friday October 11th 2019

Oct 11 06:10 2019 Print This Article

Pre-opening Comments for Friday October 11th

U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade. Futures advanced on news that U.S./China trade negotiations are continuing.

Apple is expected to lead the advance in U.S. equity markets at the opening. The stock is scheduled to open above its all-time high at $232.07.

The Canadian Dollar added 0.26 to U.S. 75.54 following release of Canada’s September Employment Report at 8:30 AM EDT. Consensus for September Employment was an increase of 7,500 versus a gain of 81,100 in August. Actual was a gain of 53,700. Consensus for the September Unemployment Rate was unchanged from August at 5.7%. Actual was a drop to 5.5%..

Crude oil gained $0.81 to $54.36 on news that two missiles struck an Iranian oil tanker.

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Timing the Market

Tech Talk is a free stock market letter service offering free daily reports on equity markets, sectors, commodities and exchangetraded funds. The Web site has recently received an average of 1.6 million hits per month from 130 countries.

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