North American markets are unlikely to see major moves as trading gets underway this morning, as investors await for more testimony from U.S. Federal Reserve chairman Ben Bernanke and any further news on possible U.S. spending cuts set to take hold on Friday.
U.S. stock index futures are slightly positive this morning and overseas markets are generally higher. But moves are rather subdued and not enough to mark a significant retracement from Tuesday's losses, which were prompted by renewed European debt concerns after the Italian election produced a hung government.Report Typo/Error
- S&P/TSX Composite15,183.13-81.51(-0.53%)
- S&P 500 INDEX2,472.54-0.91(-0.04%)
- Dow Jones Industrials21,580.07-31.71(-0.15%)
- First Solar Inc$45.15-1.12(-2.42%)
- Priceline Group Inc$1,994.89-4.33(-0.22%)
- Sears Canada Inc$0.620.00(0.00%)
- Sherritt International Corp$0.84+0.01(+1.20%)
- Target Corp$54.84+0.26(+0.48%)
- Updated July 21 4:00 PM EDT. Delayed by at least 15 minutes.