Trump generated global shock waves Tuesday when he said the U.S. should take long-term control of Gaza, suggesting that Palestinians should be relocated while the enclave is rebuilt into the "Riviera of the Middle East." Secretary of State Marco Rubio wrote on social media that Trump would "Make Gaza Beautiful Again."
U.S. Postal Service Suspends Shipments of China Parcels
The U.S. Postal Service said it would stop accepting parcels from China and Hong Kong, cutting off a service that is popular with online vendors in China.
The Postal Service said it is suspending inbound packages from China Post and Hong Kong Post until further notice and that the change wouldn't affect delivery of letters.
Write to ina.kreutz@wsj.com TODAY IN CANADA
Earnings:
ATS 3Q
Aurora Cannabis 3Q
Dayforce 4Q
FirstSvc 4Q
Great-West Lifeco 4Q
Medexus Pharma. 3Q
Sangoma Tech 2Q
Suncor Energy 4Q
Economic Indicators (ET):
0815 Jan Official International Reserves
0830 Dec International merchandise trade
0930 Jan Canada Services PMI
Stocks to Watch:
Brookfield Enters Race for Australia's $1.9 Billion Insignia Financial
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Canaccord Genuity 3Q Rev C$451.0M; 3Q Loss/Shr C$0.26
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Stingray 3Q EPS C$0.23; 3Q Rev C$108.2M; 3Q Adj EPS C$0.34
Expected Major Events for Wednesday
00:30/JPN: Jan Japan Services PMI
06:00/RUS: Jan Russian Services PMI
07:45/FRA: Dec Industrial production index
08:45/ITA: Jan Italy Services PMI
08:50/FRA: Jan France Services PMI
08:55/GER: Jan Germany Services PMI
09:00/UK: Jan UK monthly car registrations figures
09:00/ITA: Dec Retail Sales
09:30/UK: Jan S&P Global UK Services PMI
09:30/UK: Jan UK Official Reserves
09:30/UK: Jan Narrow money (Notes & Coin) and reserve balances
11:00/FRA: Dec OECD CPI
12:00/US: 01/31 MBA Weekly Mortgage Applications Survey
13:15/US: Jan ADP National Employment Report
13:15/CAN: Jan Official International Reserves
13:30/CAN: Dec International merchandise trade
13:30/US: Dec U.S. International Trade in Goods & Services
14:30/CAN: Jan Canada Services PMI
14:45/US: Jan US Services PMI
15:00/US: 4Q U.S. Housing Vacancies
15:00/US: Jan ISM Report On Business Services PMI
15:00/US: Dec Metropolitan Area Employment and Unemployment
15:30/US: 01/31 EIA Weekly Petroleum Status Report
16:00/US: Jan Global Services PMI
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Wednesday
ATS is expected to report $0.11 for 3Q.
Anavex Life Sciences Corp (AVXL) is expected to report $-0.15 for 1Q.
Ares Capital Corp (ARCC) is expected to report $0.57 for 4Q.
Ares Management Corp (ARES) is expected to report $1.26 for 4Q.
Azenta Inc (AZTA) is expected to report $-0.15 for 1Q.
BankFinancial Corp (BFIN) is expected to report $0.20 for 4Q.
Bio-Techne Corp (TECH) is expected to report $0.22 for 2Q.
Boston Scientific Corp (BSX) is expected to report $0.43 for 4Q.
Bunge Global SA (BG) is expected to report $2.21 for 4Q.
CDW Corp (CDW) is expected to report $2.01 for 4Q.
CF Bankshares Inc (CFBK) is expected to report for 4Q.
Cencora Inc (COR) is expected to report $3.05 for 1Q.
Dayforce Inc (DAY,DAY.T) is expected to report $0.16 for 4Q.
Emerson Electric Co (EMR) is expected to report $0.89 for 1Q.
Euronet Worldwide Inc (EEFT) is expected to report $1.60 for 4Q.
Evercore Inc - Class A (EVR) is expected to report $3.11 for 4Q.
FirstService Corp (FSV,FSV.T) is expected to report $0.91 for 4Q.
Fiserv Inc (FI) is expected to report $1.91 for 4Q.
Griffon Corp (GFF) is expected to report $1.17 for 1Q.
Heroux-Devtek Inc (HRX.T) is expected to report $0.38 for 3Q.
Illinois Tool Works Inc (ITW) is expected to report $2.50 for 4Q.
Kennametal Inc (KMT) is expected to report $0.26 for 2Q.
Lucky Strike Entertainment Corp (LUCK) is expected to report $0.07 for 2Q.
Mastech Digital Inc (MHH) is expected to report $0.11 for 4Q.
Natural Health Trends Corp (NHTC) is expected to report for 4Q.
New York Times Co - A Share (NYT) is expected to report $0.74 for 4Q.
Old Dominion Freight Line Inc (ODFL) is expected to report $1.16 for 4Q.
Performance Food Group (PFGC) is expected to report $0.80 for 2Q.
RXO Inc (RXO) is expected to report $-0.07 for 4Q.
Rave Restaurant Group Inc (RAVE) is expected to report for 2Q.
Reservoir Media Inc (RSVR) is expected to report $0.02 for 3Q.
Reynolds Consumer Products Inc (REYN) is expected to report $0.58 for 4Q.
Spire Inc (SR) is expected to report $1.43 for 1Q.
Stanley Black & Decker Inc (SWK) is expected to report $1.13 for 4Q.
T Rowe Price Group Inc (TROW) is expected to report $2.17 for 4Q.
The Walt Disney Co (DIS) is expected to report $1.34 for 1Q.
Timken Co (TKR) is expected to report $0.80 for 4Q.
Twin Disc Inc (TWIN) is expected to report $0.43 for 2Q.
Uber Technologies Inc (UBER) is expected to report $0.50 for 4Q.
Vishay Intertechnology Inc (VSH) is expected to report $0.09 for 4Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
AMC Entertainment Raised to Neutral From Sell by Roth MKM
American Woodmark Cut to Peer Perform From Outperform by Wolfe Research
Amphastar Pharmaceuticals Cut to Neutral From Overweight by Piper Sandler
Aptiv Raised to Buy From Hold by HSBC
Brilliant Earth Cut to Hold From Buy by Jefferies
Calumet Specialty Prods Cut to Sell From Neutral by UBS
First Community (SC) Raised to Buy From Neutral by Janney Montgomery Scott
Juniper Networks Raised to Outperform From In-Line by Evercore ISI Group
Marriott Raised to Outperform From In-Line by Evercore ISI Group
Napco Security Techs Cut to Hold From Buy by TD Cowen
News Corp Raised to Buy From Neutral by UBS
Olin Cut to Sector Perform From Outperform by RBC Capital
Ollie's Bargain Outlet Cut to Hold From Buy by Jefferies
Palantir Technologies Raised to Equal-Weight From Underweight by Morgan Stanley
Princeton Bancorp Raised to Buy From Neutral by Janney Montgomery Scott
Timken Raised to Neutral From Underperform by B of A Securities
Triumph Group Cut to Neutral From Outperform by Baird
Tyson Foods Raised to Neutral From Underweight by Piper Sandler
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
02-05-25 0628ET