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

Trump threatens new tariffs, attacks Carney and Ford as trade war escalates

U.S. President Donald Trump threatened Monday to impose 50-per-cent tariffs on Canadian vehicles and auto parts, then attacked Prime Minister Mark Carney and Ontario Premier Doug Ford as the Conservative opposition demanded details of failed trade negotiations.

Two charged in Fort Smith shooting, all three victims reported as stable

Two people have been charged in relation to the shooting incident which took place in Fort Smith on August 22.

Telecom outage planned for Sachs Harbour, Sambaa K’e, and Wekweètì

The Government of the Northwest Territories is alerting residents of Sachs Harbour, Sambaa K’e and Wekweètì of a planned telecommunications service disruption.

Premier RJ Simpson speaks on new tariffs from the United States

Northwest Territories Premier R.J. Simpson has issued a statement following the new tariffs imposed by the United States on approximately $28 billion in Canadian goods.

Two new fires located over the weekend

Two new fires have been spotted over the weekend, according to the latest report by NWT Fire.