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One of the biggest US retailers- Walmart (WMT) is shortly to announce their Q1 earnings, at around 10.55am GMT. This is a Dow Jones and S+P 500 stock and depending on what emerges it could have an impact on both futures prices. The markets expect Q1 EPS of $0.58 on revenue of $165.93 billion. It will also be interesting to see if they upgrade, or downgrade their Q2 outlook and 2025 guidance as a whole. Ahead of this the Dow Jones futures are still in the red this morning, but well off earlier lows. The index closed 89 points in the red last night, at 42,051. It is currently priced to reopen around 41,890
The comments from the US Fed governor Chris Waller have not been lost on the US stock futures. Of course they had gotten a boost earlier from the...
The latest (April) Canadian Retail sales data has just been released. The markets were expecting an increase of 0.4%, compared to a rise of 0.8% in...
The June reading of the US Philadelphia Fed index was expected to improve from the -4 reading posted in May. The forecast was for something around -1...
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