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
US index futures have taken off following the release of a benign and better than expected US inflation report. Index futures are currently up 0.6% to 1.0% with NASDAQ futures leading the charge. The US consumer price index (5.0% vs
Building on yesterday’s gains of 0.4% to 1.2% for US markets Monday with the Dow leading the bounce, US index futures are up 0.6%-0.9% this morning with Dow Futures once again leading the way. European indices are also rallying with
Please note the SIA Wealth Morning Minutes will not be issued on Monday March 13th, it should return on Tuesday March 14th. US index futures are mixed as investors struggle with the implications of today’s North American employment numbers. Dow
CIBC kicked off Canadian earnings season with a bang, reporting EPS well above expectations ($1.94 vs street $1.72). Capital markets was the primary driver of the strong results along with moderate growth in traditional banking and a smaller loan loss
Inflation reports are top of mind with US investors this morning. Headline US Consumer Prices (6.4% vs street 6.2% and previous 6.5%) and Core CPI (5.6% vs street 5.5% and previous 5.7%) continued to trend downward but not as quickly
Today’s US employment numbers were very strong. US nonfarm payrolls were far above analyst expectations (517K vs street 185K) and just as importantly, last month’s number was revised upward (260K from previous 223K). Average hourly earnings (4.3% vs street 4.9%
Intel (INTC) rocked the markets last night after it missed on earnings ($0.10 vs street $0.20), missed on sales ($14.0B vs street $14.5B), and forecast a $0.15 per share loss for Q1. Management blamed its struggles on customers reducing demand
US traders return from their long weekend today to find equities down slightly and commodity action mixed. US index futures are all down about 0.2%, while in Europe, the Dax is flat and the FTSE is down 0.3%. The US
Building on a constructive Tuesday, where US indices shrugged off early softness and gained in strength through the day to finish up 0.5% to 1.0%, US index futures are all up about 0.2%, continuing their New Year’s Rally. Overseas markets