File image
Uncategorized
Less than 1 min.read

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

Wendy Gray
By Wendy Gray

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.

Wendy Gray
Wendy Gray

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Health and social services fully reopened in Fort Simpson

Fire
The Northwest Territories Health and Social Services Authority has announced that full health and social services have resumed in Fort Simpson, with the final stage of reopening completed yesterday with the return of long-term care residents who had been evacuated to Yellowknife.  

“Ode to Yellowknife in Clay”: Guild of Arts and Crafts celebrating 80 years 

Northwest Territories
The Yellowknife Guild of Arts and Crafts are celebrating their 80 year anniversary with special events highlighting pottery artists and pottery work taking place at this year’s Ramble and Ride. Organizers said the event will include pottery demonstrations,tile glazing activities for the public and an exhibit of art in the ARCC trailer at Ramble and Ride. The event is scheduled to take place Aug. 1 and 2.

Feds say $7 million heading North for energy projects

Northwest Territories
The federal government is investing $7 million in funding for eight energy projects in the N.W.T., Nunavut and Yukon. The investment is aimed at boosting local electricity systems to help reduce reliance on fossil fuels and support long-term economic growth. With electricity demand anticipated to double by 2050, reliable access to clean power remains a critical infrastructure gap in the North where power outages happen weekly if not daily.

YWCA NWT holding celebration of 60 years of service in the North

Community
YWCA NWT is inviting community members to join them for a celebration this September, commemorating their 60 years of service in the Northwest Territories.

New fire caused by abandoned campfire located in Sahtu Region

Fire
According to the latest reports from NWT Fire, one new fire has been identified in the Sahtu Region with no new fires being detected in the other regions of the territory.