Tech Talk for Tuesday January 28th 2020

Jan 28 07:01 2020 Print This Article

Pre-opening Comments for Tuesday January 28th

U.S. equity index futures were higher this morning. S&P 500 futures were up 21 points in pre-opening trade.

Index futures were virtually unchanged following release of December Durable Goods Orders at 8:30 AM EST. Consensus was an increase of 0.3% versus a revised drop of 3.1% in November. Actual was an increase of 2.4%. Excluding Transportation Orders, consensus for December Durable Goods Orders was an increase of 0.3% versus a decline of 0.1% in November. Actual was a decline of 0.1%..

MMM (MMM $175.63) is expected to open lower after reporting lower than consensus fourth quarter earnings.

Lockheed Martin added $9.56 to $441.94 after reporting higher than consensus fourth quarter earnings.

Whirlpool (WHR $148.23) is expected to open higher after reporting higher than consensus fourth quarter earnings.

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