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Mixed Day For N.America With US Under Limited Pressure

STOCKS
  • S&P e-minis continue to sit lower, hindered intraday by higher yields. The day’s decline unwinds yesterday’s holiday gains to leave ESA flat on Wednesday’s full close but still up 1.5% on the week.
  • ESA at 4035 remains below the bull trigger of 4050.75 (Nov 15 high).
  • Tech stocks weigh and indeed Nasdaq sits -0.5% lower.
  • A rosier picture north of the border, with the TSX 60 up 0.4% on the day (2.25% on the week), with solid gains across sectors with only IT seeing a more notable decline.

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