Before the Bell: What every Canadian investor needs to know today
Global stock markets were mixed as several European and Chinese markets remained closed for holidays, while Wall Street and TSX futures showed little movement following recent gains. Earnings from major energy and consumer goods companies are in focus, with analysts noting that strong corporate performance is helping to counterbalance geopolitical and inflation concerns. Oil prices rose due to ongoing tensions in the Middle East, while gold declined and the Canadian dollar strengthened against the U.S. dollar.
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ShareSave for laterPlease log in to bookmark this story.Log InCreate Free AccountEquitiesGlobal stocks were mixed as many markets in the euro zone and those in China were closed for holiday.Wall Street futures were muted after the S&P 500 and the Nasdaq yesterday logged their biggest monthly gains in years.TSX futures were little changed after Canada’s main stock market posted its biggest daily gain in a month yesterday. In Canada, investors are getting results from TC Energy Corp., Imperial Oil Ltd., On Wall Street, markets are watching earnings from Exxon Mobil Corp., Chevron Corp., Colgate-Palmolive Co.“As we enter May – traditionally a softer month – earnings resilience continues to offset geopolitical and inflation concerns,“ Ipek Ozkardeskaya, senior analyst at Swissquote, wrote in…
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