The Daily Chase: Markets point to a negative open; Air Canada beats analyst expectations - BNN Bloomberg

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The Daily Chase: Markets point to a negative open; Air Canada beats analyst expectations - BNN Bloomberg
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North American equity markets are searching for some stability in the final trading session of what’s been a reasonably volatile week.

Futures are pointing to a modestly higher open across the board, with the S&P 500, Dow Jones Industrial Average and Nasdaq Composite Index all tracking towards gains of about a third of one per cent. Few factors have been at play this week – there’s the talks on raising the U.S. debt ceiling , concerns over inflation and what it means for the path of U.S.

Ontario’s securities watchdog has suspended the registration of Emerge Canada Inc., best known as a distribution hub for Cathie Wood’s ETFs here in Canada, citing concerns over capital requirements. Elon Musk took to Twitter to announce he has chosen a new CEO for the social media company and will relinquish the job within weeks.Notable data: BoC Senior Loan Officer Survey, U.S. Trade Price Indices, University of Michigan Consumer Sentiment Index1000: Cineplex earnings call

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