Indices Shrug Off Retailer Profit Warnings; Powell Testifies Today

US index futures are in the green with bulls apparently trying to build on yesterday’s intraday rebound that saw the NASDAQ erase a sizeable morning selloff to finish the day with a slight gain. NASDAQ futures are up 0.3% this

US Inflation and Earnings in Focus

US index futures are popping this morning following the release of US consumer price inflation numbers. Although the numbers shows pressures continuing to build, particularly headline number rising to its highest level in nearly 40 years (6.8% in line vs

Stocks Consolidate Gains as More Retailers Beat The Street

Shrugging off a bit of overseas softness overnight, US index futures are holding steady trading between -0.1% and +0.1% as investors digest yesterday’s US index gains of 0.15%-0.75%, and another round of retailer earnings. A day after Walmart and Home

Earnings In Focus Ahead of the US Long Weekend

Its another busy day for earnings reports with companies across several sectors beating street expectations. In Canada, a big bank earnings week continues with National Bank beating the street on earnings ($2.25 vs street $2.00) and freeing up $62M in

Cryptocurrencies Crash on China Crackdown

Cryptocurrencies have gone into free fall overnight with Bitcoin diving 10.2% and falling below $40,000 for the first time since February, while Ethereum has plunged 19.1% after China banned its financial services companies (particularly banks, brokerages and payment providers) from

Stocks Slump Amid Mixed Earnings From Retailers

US markets appear to be heading for a lower open today with Dow futures down 0.3% and NASDAQ futures down 0.7% coming off a mixed Wednesday that saw the Dow finish up 0.3% and the NASDAQ retreat 0.6%. Overseas markets