Stock markets around the world are in retreat this morning. US index futures are down 0.6% to 1.2% with NASDAQ futures leading the way downward. In Europe today, the Dax is down 0.9% and the FTSE is down 0.25%. Currency
After US indices finished flat to down 1.0% yesterday, US indices have stabilized this morning trading between a decline of 0.1% for Dow Futures and a gain of 0.3% for NASDAQ futures. Market action is mixed in Europe as well
With investors digesting a mixed round of earnings reports from North America, US index futures are down across the board with Dow futures falling 0.6% and NASDAQ futures diving 1.3%. In Europe today, the Dax is down 0.5% and the
SIA Wealth Management provided a year-end review and outlook for 2023, recorded from a live webinar on January 19, 2023 at 12:00pm MT/ 2:00pm ET Topics: • Volatility and Tactical Investing • Presidential Cycle and Seasonality • Inflation and Interest
New steps toward easing COVID restrictions in China have sparked rallies in China-sensitive markets this morning including a 3.1% pop for WTI Crude Oil, a 1.0% gain for Copper and a 3.4% jump for the Hang Seng. The Canadian and
US equity markets remain under pressure today. NASDAQ futures are down 0.9% adding to yesterday’s 2.0% NASDAQ drop, while Dow futures are down 0.3% adding to yesterday’s 1.0% Dow decline. Overnight, the Hang Seng dropped 3.2% after China reported a
Yesterday’s rally in North American equity markets that saw the three main US indices gain 1.0% to 2.2% came to an abrupt just after the close yesterday. Upward momentum reversed following Alphabet’s earnings disappointment ($1.06 vs street $1.26, down 6.5%
Interest rate and central bank news dominates the calendar today and tomorrow. The Bank of Canada’s latest interest rate decision and statement is due at 10:00 am EDT with the Governing Council widely expected to announce a 0.75% rate increase,
North American stock markets have returned to trading this morning with traders in more of an upbeat mood. The three main US index futures contracts are up 0.4% to 0.5%, clawing back some of Friday’s losses of 1.0% to 1.3%
US index futures had been trying to mount a comeback this morning, but the bottom has fallen out and gains have quickly turned into losses following the release of a red-hot US consumer price inflation report. US inflation continued to