Stock futures dropped Thursday, retreating after a historic rally as concerns grew that President Trump’s sweeping trade moves are escalating into a direct clash with China.
Market Numbers (Futures)
TSX : Down (1.3 %) 23,418.58
TSXV: Up (6.57%) 598.66
DOW: Down (1.26%) 4o,321.00
NASDAQ: Down (1.93%) 18,920.75
FTSE: Up (4.25%) 8,005.90
In the Headlines:
Japan and Canada — the current chair of the G7 — have agreed to work together to help maintain stability in financial markets and the global financial system, Japan’s Ministry of Finance said Wednesday.
And the market’s sharp rebound lacked conviction, driven by short covering and low liquidity despite heavy volume.
Currencies Update: (Futures)
The loonie is up 0.01% to $0.7100 U.S., down 1.23% against the Euro, and Bitcoin explodes with 6.74% to $114,860.45
Commodities: (Futures)
Natural Gas: Down (3.35%), 3.692
WTI: Down (2.45%), 60.785
Gold: Up (1.43%), 3,126.897
Copper: Up (0.37%) 5.673
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