September Starts Soft on China, Manufacturing, and Employment News

US stock markets were unable to hold on to their early gains yesterday and the three main indices finished the month with losses of 0.6%-0.8%. Bears have increasingly gained the upper hand overnight and into this morning. Asia Pacific trading

Bank of Canada
June Arrives to a Bank of Canada Decision and a Deluge of Data

US index futures are up to start the new month with gains this morning of 0.1% to 0.3%. These appear moderate, however, which compared with Tuesday’s declines of 0.4% to 0.6% for US indices. Overseas trading has been mixed with

US Market Declines Extend Into May as FOMC Decision Day Approaches

US index futures have started May just as they ended April, stuck in reverse gear. US index futures are in the red, falling 0.1% to 0.5% with NASDAQ futures leading the way lower just as the NASDAQ did on Friday

Stocks Slip as Interest Rate Hike Chatter Resumes

Stock markets appear to be backsliding a bit this morning after climbing on Monday. US index futures are all down about 0.2%, while in Europe, the CAC is down 1.5% and the Dax is down 0.3% while the FTSE is

Stocks Try To Build on Positive Economic and Earnings News

Although gains of 1.9% for the S&P 500 and 3.4% for the NASDAQ were not enough to keep the US from recording its worst month since March of 2020, positive momentum has continued through overnight trading. Holiday-limited Asia Pacific trading

Mixed Markets Stagger Into Month End

Overnight and premarket action in equity markets suggests that Friday’s big afternoon turnaround in North America amounted to little more than short-covering and bargain hunting. US index futures have resumed their downward course with Dow futures down 0.5% and NASDAQ

Investors Stay Defensive While Waiting for Wednesday

Another winter weekend has come and gone, and stock markets have picked up where they left off Friday in full broad retreat. In early US trading, Dow futures are down 0.4% while NASDAQ futures are down nearly 0.9%, adding to

New Years Rally Continues as More Manufacturing PMI Data Rolls In

The US kicked 2022 off with a nice rally featuring gains of 0.7% for the Dow to 1.2% for the NASDAQ. Investors returned from the holiday season in a good mood and responded positively Tesla Motors’ Q4 (308K vs street

A Mixed Finish To a Choppy Year

We hope all of our readers and your families have a happy and safe New Year’s holiday and we wish you all the best for 2022. The last day of trading for 2021 finds US index futures all down about

Steady Holiday Trading Continues

It’s another quiet and slightly positive day for stock markets around the world with many market participants still away this week. US index futures are showing flat to a gain of 0.25% for NASDAQ futures coming off a mixed day