We are starting the new day off in Asia with a slightly better mood.
We are waiting for more comments out of the White House and from Canadian officials but the first comments about the meeting between Lutnick and Canada were positive, though vague. There will be another meeting next week and we will wait for more details.
At the same time, various reports say that Senate Democrats have caved on a government shutdown threat and that at least six of them will vote with Republicans to keep the government operating through September.
With that, S&P 500 futures are up 18 points. That’s hardly a dent in the 78 point decline Thursday but it’s something.
S&P 500 futures, daily
Over in FX, we haven’t see any positive ticks in the loonie but that’s a spot to watch.
