US PMI KEY POINTS:Flash U.S. Composite output index falls to 47.3 in October from 49.5 in SeptemberServices PMI slumps to 46.6 from 49.3, versus 49.2 expectedManufacturing activity sinks into contractionary territory, sliding to...
S&P 500 OUTLOOK: NEUTRALThe U.S. central bank goes into its blackout period this weekend ahead of the November FOMC meetingWith no Fed officials slated to speak in the coming days, monetary policy could...
CANADIAN DOLLAR OUTLOOK:Canadian dollar gains on stronger oil prices and a somewhat positive mood on Wall Street, but its outlook remains challengingBets that the Bank of Canada will raise interest rates more aggressively...
TESLA EARNINGS KEY POINTS:Tesla reported mixed results on WednesdayThird-quarter EPS clocked in at $1.05 on revenue of $21.45 billion. Analysts were looking for earnings per share of $1.01 on sales of $22.09 billionTSLA...
NETFLIX EARNINGS KEY POINTS:Netflix reported better-than-expected bottom-line results on TuesdayThird-quarter EPS stood at $3.10 versus a forecast of $2.12. Revenue came in at $7.78 billion, slightly below expectations of $7.98 billionTesla’s numbers will...
S&P 500 AND NETFLIX OUTLOOK:The S&P 500 and Nasdaq 100 rally at the start of the week following’s Friday big sell-offPositive quarterly reports from various banks boosts sentiment on Wall StreetNetflix’s earnings on...