Before the Bell: What every Canadian investor needs to know today - The Globe and Mail
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EquitiesGlobal markets steadied after heavy selling in the previous session when investors dumped tech shares as questions about cloud company CoreWeave’s debt pile fuelled worries about the financing driving the AI boom. Wall Street futures were mixed with the Nasdaq lower after major North American markets closed up yesterday. TSX futures pointed higher. In Canada, investors are getting results from A&W Food Services of Canada Inc. On Wall Street, markets are watching earnings from Travelers Cos. Inc., Truist Financial Corp. and M&T Bank Corp. “Global markets are getting very noisy once again after a period of low volatility: Wall Street is whipsawing, bond yields are swinging, currency markets are doing backflips, and commodity prices are running in multiple directions,” Kyle Rodda, a markets analyst at Capital.com, wrote in a client note. “Global markets could potentially be in for a protracted period of this sort of volatility,” he added, with tech companies due to announce earnings in coming weeks, and markets also attempting to gauge the trajectory of key interest rates. Overseas, the pan-European STOXX 600 was up 0.45 per cent in morning trading.
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