Stocks Bounce Back as Canadian Bank Earnings Week Begins
It appears that Friday’s North American selloff was primarily related to options expiry as markets have been bouncing back this morning. US Index Futures are up 0.4% to 0.7%, with Dow Futures leading the rebound from Friday’s US index losses of 1.7% to 2.2%. In Europe today, the Dax is up 0.9% with investors celebrating […]
Positive PMI and Disappointing Bank Earnings
Coming off of Monday’s mixed finish which saw the S&P 500 close at a new all-time high, the NASDAQ gain 1.0% and the Dow Industrials lose 0.3%, US index futures are pretty much flat this morning. European bourses are in the green today with the FTSE up 0.9% and the Dax up 0.2%. Currency trading […]