Russia Production Cut, Earnings Misses and Canada Job Growth In Focus

Continuing yesterday’s pullback which saw US indices decline 0.75% to 1.00%, US index futures are down 0.4% to 0.9% this morning. European markets are also in retreat today with the Dax declining 1.6% and the FTSE falling 0.7%. With the

Opposing Employment Surprises; Social Media Stocks Strike Back

US equity markets appear poised to continue their declines as investors consider rising wage inflation and another mixed round of earnings reports. Dow futures are down over 200 points or 0.5% and NASDAQ futures have slipped into the red as

Indices Retreat Amid Mixed Employment and High Inflation Reports

US index futures have taken a sharp turn downward following the release of a brutal US employment report that suggested the economy could be in the grip of stagflation, a time of high inflation and low economic growth. Dow futures

Strong Nonfarm Payrolls and Canada Jobs Reports Headline Morning News

Stock market action from around the world has been mixed this morning. US index futures are up slightly with gains of 0.1%-0.2%. In Europe, the Dax is up 0.1% while the FTSE is up 0.4%, benefitting from its currency getting

A Big Miss for the US and a Big Beat For Canada In Employment Growth

Bulls and bears have been battling this morning over how to react over a shockingly weak US nonfarm payrolls report. In the first few minutes of trading after the 8:30 am EDT data release time, the three main US index

Canada Tapering and Employment In The Spotlight

Stock markets around the world are bouncing back this morning as some of the negative pressure of the last few days eases. US index futures are all up about 0.5%, erasing yesterday’s index losses. Overseas, the Hang Seng gained 1.9%,

Nonfarm Payrolls Disappointment and Service PMI Numbers In Focus

The last day of trading before the Labor Day long weekend and the end of summer holidays finds US index futures sliding into the red following today’s US job numbers after being slightly positive for most of the morning. Overseas

Disappointing US Nonfarm Payrolls Drag Down US Yields and the US Dollar

US index futures have shown resilience in the face of disappointing North American employment reports. Dow futures fell initially but have clawed their way back to flat, while NASDAQ futures jumped on the news and are currently up about 1.2%.

Canada Employment and Levi’s Earnings In Focus

Stock markets around the world remain stuck in neutral this morning, unable to build on yesterday’s US gains of 0.2% to 1.0% and another record close for the S&P 500. US index futures are hovering around flat between a 0.2%