Key Market Stories to Watch: Canada Trade Talks, ECB Warnings, and Major Earnings Reports
The S&P 500 ended a three-day losing streak as investors look ahead. A potential trade deal with Canada could prevent new tariffs on Canadian goods, which would be positive for the iShares MSCI Canada ETF (EWC). Meanwhile, European Central Bank President Christine Lagarde warned of significant economic challenges in Europe due to reduced U.S. defense support and energy costs, raising concerns about long-term growth models. Coinbase CEO Brian Armstrong will discuss crypto developments on Thursday as Bitcoin approaches $70,000 again. The Clarity Act is expected to be a major topic for the industry. Additionally, Meta Platforms faces legal scrutiny from California's attorney general over alleged harm to youth, with shares down sharply this week. Investors are also watching key earnings reports from Walmart and Deere as well as jobless claims data due out early Thursday.
Tickers: $COIN $DE $EWC $EWG $EWU $EZU $META $MU $WMT
Topics: Canada trade deal speculation ETF performance European Central Bank (ECB) S&P 500