This morning, Wall Street futures wavered in the wake of another losing session and hopes of a year-end rally fading. Major European markets were down in morning trading. TSX futures were modestly weaker. What you need to know today ⬇️
Wall Street futures wavered early Tuesday in the wake of another losing session with hopes of a year-end rally fading. Major European markets were down in morning trading. TSX futures were modestly weaker.
“Auto sales ticked higher, and gas station sales likely ticked down on lower gasoline prices. We expect the advance estimate of November sales to remain firm. Our economists’ tracking of card transactions suggests strong November holiday spending and another increase in unit auto sales.” The day range on Brent was US$79.03 to US$80.89 in the early premarket period. The range on West Texas Intermediate was US$74.84 to US$76.20. Both benchmarks saw gains on Monday.
China has eased its strict measures aimed at controlling the spread of COVID-19. However, the country has also seen a jump in infections with cities now moving to ramp up resources to deal with the rise.
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