Debt Ceiling Resolution and Nonfarm Payrolls in Focus

Building on yesterday’s US index gains of 0.50%-1.25%, US index futures are up another 0.4%-0.6% this morning. Last night the US Senate passed the debt ceiling deal, ending that crisis and averting a US government debt default. Overseas markets are

June Begins with Strong ADP Payrolls Offsetting Soft Earnings and Guidance

US index futures are holding steady this morning, with the main contacts trading between -0.1% and +0.1%. Over in Europe, the Dax is up 0.8% and the FTSE is up 0.4%. Copper is bouncing back today with a 1.4% gain,

Strong Earnings Boost US Indices; Canadian Bank Earnings Disappoint Again

Boosted by its Data Center division, which produces chips that support cloud computing and Artificial Intelligence applications, Nvidia beat street expectations on EPS ($1.09 vs street $0.92) and especially sales guidance ($11.0B vs street $7.1B), by wide margins, sparking an

Oil Rallies While Stocks Digest Mixed Earnings

WTI Crude Oil is climbing for a second straight day, gaining 1.4%. In addition to follow-through action following yesterday’s warning to bears from Saudi Arabia about the next OPEC+ meeting, traders appear to be responding positively to last night’s drawdown

Mixed Markets Digest Flash PMI Reports and await Bank Earnings

An indecisive start to the week which saw the Dow Industrials lose 0.4% and the NASDAQ gain 0.5% on Monday has continued overnight and into this morning. The three main US index futures contracts are down 0.25%. Meanwhile, over in

Rising Markets Await Fed Speakers

Building on yesterday’s US index gains of 0.3%-1.5%, US index futures are trading flat to up 0.25% this morning. Over in Europe, the FTSE is up 0.4% while the Dax and CAC are up 0.8% and Milan is up 1.4%.

Stocks Keep Climbing as Wal-Mart Beats Earnings Expectations

US index futures are trading flat to up 0.3% this morning, building on yesterday’s 1.2% gains for major US indices. In Europe today, the Dax is up 1.5% while the FTSE is up 0.5%.  Commodity and currency market action is

<strong>Stocks Rebound Along With Retailer Earnings</strong>

Clawing back some of yesterday’s losses, US index futures are up 0.2%-0.4% this morning. European market are generally trading flat to a gain of 0.4% for the Dax. Commodities are bouncing back after taking losses yesterday with Copper and Platinum

<strong>Mixed Markets Digest Inflation and Earnings Numbers</strong>

SIA Wealth Morning Minutes will not be issued tomorrow. It should return on Monday May 15. US index futures are mixed this morning trading between -0.2% and +0.2%. In Europe this morning, the Dax is flat, while the FTSE is

<strong>Stocks Pop as Inflation Keeps Easing</strong>

US index futures had been quiet through the morning until a few minutes ago when they started to rally on the back of encouraging US inflation numbers. Currently US index futures contracts are up 0.2%-0.5% with NASDAQ Futures leading the