Global markets showed mixed reactions on Wednesday, with European stocks retreating from record highs while Hong Kong shares neared three-year peaks. Investors reacted positively to Wall Street futures, which were in positive territory after North American markets were closed for holidays. Meanwhile, Canada released earnings results from several companies, including Dream Industrial REIT, RioCan REIT, Cargojet Inc., Gibson Energy Inc., Sandstorm Gold Ltd., and SSR Mining Inc. On Wall Street, markets focused on earnings from Occidental Petroleum Corp. and Arista Networks Inc.
Global markets were mostly muted as European stocks pulled back from record highs while Hong Kong shares were on the verge of three-year highs as investors cheered
Overseas, the pan-European STOXX 600 was flat in morning trading. Britain’s FTSE 100 inched 0.02 per cent higher, Germany’s DAX slipped 0.26 per cent and France’s CAC 40 was down 0.14 per cent. Brent crude futures were up 0.76 per cent at US$75.79 a barrel. West Texas Intermediate crude futures rose 1.48 per cent to US$71.79 a barrel.
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