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Rising Yields Send Stocks Lower, Bank of Canada Meets Today

September has historically been the seasonally weakest month of the year for stocks and so far this month has been no exception. Adding to yesterday’s major US index losses of 0.1%-0.6%, the three main US index futures contracts are all

Stocks Rebound as Central Bank Day Arrives

For a second straight day, US markets tried to bounce back from morning losses on Tuesday afternoon but were unable to make it back to the green with NASDAQ finishing down 2.3% and the S&P losing 1.2%. Today, bulls and

Bank of Canada Kicks Off Central Bank Week

The last full business week ahead of the two-week holiday season is looking to be a busy one with six of the largest central banks holding meetings, announcing monetary policy strategies and providing economic updates. The Bank of Canada kicks

Inflation Numbers, GE Breakup and Central Bank Speeches In Focus

US index futures are pretty much flat this morning trading between -0.2% for Dow futures and +0.1% for NASDAQ futures as markets consolidate yesterday’s new highs for major US indices. In Europe today, the Dax and the FTSE are also

Indices Digest Stronger than Expected Earnings; Bank of Canada Preview

US index futures are trading flat this morning as investors digest this week’s flurry of earnings reports and recent new all-time highs for the Dow and the S&P 500. There continues to be significant premarket action in individual stocks and

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Mixed Markets Greet a Busy Day For Central Bank Speeches and Earnings

US Index futures are flat (Dow Futures) to lower (NASDAQ futures down 1.5%), continuing their momentum from yesterday which saw the Dow finish flat, but the NASDAQ drop 2.5%. Overseas action has also been variable. The Dax is down 1.0%,