Before the Bell: What every Canadian investor needs to know today
Global stock markets showed mixed results as investors await updates on the U.S.-Iran truce. Canadian banks are expected to report strong earnings despite economic uncertainties. Oil prices fell amid concerns over negotiations between the two nations.
- ▪Wall Street futures were positive following a record close for the S&P 500.
- ▪Canada's major banks are set to report resilient profits amid economic uncertainty.
- ▪Oil prices dropped as traders sought clarity on U.S.-Iran negotiations.
Opening excerpt (first ~120 words) tap to expand
ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountEquitiesGlobal stocks were mixed as markets looked for signs of whether a shaky truce between the United States and Iran will be extended.Wall Street futures were in positive territory after the S&P 500 notched a new record close yesterday.TSX futures followed sentiment higher.In Canada, bank earnings season kicks off with results from Bank of Montreal, Bank of Nova Scotia and National Bank of Canada.As Stefanie Marotta reports, Canada’s biggest banks are set to post a round of resilient profits, bucking economic uncertainty and looming trade pressure ahead of talks to renew the USMCA.On Wall Street, markets are watching earnings from Marvell Technology Inc., Salesforce Inc.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Globe and Mail.
Discussion
0 commentsMore from The Globe and Mail
