<strong>Stocks Slide Despite Positive Earnings</strong>

The kickoff to earnings season has been a mostly positive one with several banks and other companies beating street expectations including JPMorgan Chase ($3.57 vs street $3.08), Bank of America ($0.85 vs street $0.77), Wells Fargo ($0.67 vs street $0.60),

Big News From Big Banks In Canada

Amid reports of new COVID cases in China starting to drop off, commodities have been on the rebound this morning with WTI Crude Oil gaining 1.7%, and Copper climbing 1.0%. The Hang Seng popped 5.2% overnight as well. Stock markets

China Lockdowns, Black Friday Results and Canadian Bank Earnings Preview

US investors return from the Thanksgiving weekend today to find stocks and commodities in retreat. With a rise in protests over the weekend, the impact of China’s latest wave of lockdowns on the domestic and global economy, including the demand

Stocks Slide With Flash PMI Reports and Canadian Bank Earnings In Focus

Yesterday’s market selloff that saw US indices drop 1.9% to 2.5% has continued through overseas trading overnight and into this morning. Asia Pacific trading saw Tokyo and Sydney retreat 1.2% while Hong Kong fell 0.8%. In Europe today, the Dax

High Inflation, Poor Earnings and Yellen Comments Crush Stocks and Oil

The first day of US earnings season finds index futures getting hammered 1.1% to 1.6%, accelerating yesterday’s US index losses of 0.2%-0.6%. European markets are also selling off today with the Dax down 1.3% and the FTSE down 1.0%. The

Canadian Bank and US Retailer Earnings Dominate Morning News

Building on yesterday’s gains of 0.6% to 1.5% for the main US indices, US index futures are up 0.2% to 0.6% this morning. Over in Europe, the FTSE is up 0.6% and the Dax is up 0.8%. In the wake

Interest Rate Hikes and Strong Bank Earnings In Focus

For the last several months, the Reserve Bank of New Zealand has been the lead domino among central banks in tightening moves, first starting to raise rates by 0.25% a meeting starting last fall and then accelerating to a 0.50%

Retail Sales Plunge and Soft US Bank Earnings Send Stocks Sliding

US index futures are in retreat again this morning, falling 0.50%-0.75% and adding to yesterdays losses of 0.5% for the Dow, 1.4% for the S&P 500 and 2.5% for the NASDAQ. Russell 2000 futures have dropped back under 2,150 and

Employment, Energy and Earnings In The Spotlight

US index futures are in the green this morning with gains of 0.2% to 0.3%, building on yesterday’s index rebounds that varied between 0.8% for the NASDAQ and 1.8% for the Dow. It has been a mixed morning for North

OPEC+ Meeting and Bank Earnings In Focus

Stock markets around the world have continued to struggle in the wake of yesterday’s rebound rally failure which saw stocks climb in the morning but falter and fall into another lower close. While Dow futures are up 0.75% today, NASDAQ

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