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

Yellowknife Chamber of Commerce calls for investments in post-secondary education

The Yellowknife Chamber of Commerce is calling for the Government of the Northwest Territories to move forward with investments in Aurora College’s North Slave Campus.

Fort Good Hope RCMP respond to shots fired

Fort Good Hope RCMP have arrested a suspect in connection to a report of shots being fired in the community this past weekend.

Labour Day hours for Yellowknife announced

The City of Yellowknife has announced the hours for a number of City facilities and services on the Labour Day holiday.

One new fire spotted in the South Slave

One new fire has been discovered in the South Slave Region, according to the latest report by NWT Fire.

NTPC CEO and President announces retirement

The Northwest Territories Hydro Corporation and the Northwest Territories Power Corporation Board of Directors have announced that President and CEO Cory Strang will be retiring.