BEFORE THE BELL: TD Bank Earnings Above Forecast; Wall Street Futures Point to Soft Opening

It may not be another record setting day on Wall Street as the S&P 500 and Nasdaq futures are pointing to a soft opening.  Dow futures are also down 60 points.

Here in Canada the TSX finished yesterday with a gain of 35 points to 16,390.

TD Bank has reported its quarterly earnings this morning.  The bank posted earnings of $.03 more than forecast but that may not trickle down to shareholders as there has been announcement whether the bank will increase dividends.

The Canadian dollar is flat ahead of GDP numbers from Stats Canada on the 2nd quarter trading at $0.7739 cents U.S.  Oil is up to $69.93 a barrel.  Gold is making some gains this morning recovering some earlier losses and now sitting at $1,210 an ounce.

Coming up today we’ll see earnings reports from retailers including Dollar Tree and Abercrombie and Fitch.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

GNWT releases new Cancer Care Vision

The Government of the Northwest Territories has released their new Cancer Care Vision: A Living Framework for Quality and Priorities in the Northwest Territories, a new strategy to set how cancer care will be planned and coordinated over time.

Notice to Airmen issued for Wood Buffalo Park wildfire

The wildfire on the northeastern side of Wood Buffalo Park continues to burn out of control, roughly 22 km northeast of Highway 5.  

Public access to Twin Falls Trail restricted due to erosion

The Twin Falls Park Trail has been closed after erosion was observed along the riverbank. Melvin Leonard with the territory’s tourism department said that the erosion in the area poses a “serious risk” to the public and is advising anyone using the park area to keep off the trail.

NWT students compete in Skills Canada National Competition

The Skills Canada National Competition was held in Toronto last week, with numerous individuals and teams from the Northwest Territories participating.

YK Chamber “trade mission” aims to build deeper business relationships

The Yellowknife Chamber of Commerce is planning a “trade mission” to Hay River this summer. The mission is aimed at building deeper trade relationships, exchanging knowledge and examining different opportunities across the two communities at a time of significant change in the North.