Exeter Finance Corp., a specialty auto finance
Virtu Financial Inc. expects to report net income of $100 million to $129 million for the fourth quarter of 2018, which would be 199% to 286% higher than the $33.4 million posted in the prior-year period. In addition, the market making firm
Economists from all 11 primary dealers of Canadian government securities expect Bank of Canada to hold its benchmark overnight interest rate
Goldman Sachs Group Inc.'s general counsel, Greg Palm, is expected to leave the investment bank
Elisabeth Bourqui has resigned as the chief operating investment officer of California Public Employees' Retirement System, also known as CalPERS, Pensions & Investments reported. Dan Bienvenue, the pension fund's
Cross River Bank has partnered with Stripe Inc. to provide customers in the gig economy with real-time access to their earnings through push-to-card payments.
In other parts of the world
Asia-Pacific: Citigroup to exit China securities JV; Australia proposes superannuation reforms
Europe: UK faces new hard Brexit hurdle; Deutsche eyes bonus cut; Carige taps state aid
Middle East & Africa: UAE lender to swap Abraaj debt for fund stakes; PE firms invest in Prime Bank
Now featured on S&P Global Market Intelligence
Largest financial ETF saw massive outflows in December 2018: Investors stampeded out of the largest U.S. financial exchange-traded fund in December 2018. SSgA Funds Management Inc.'s Financial Select Sector SPDR Fund (XLF) had $3.23 billion in net client outflows last month, $1.19 billion more than any other U.S. ETF.
The day ahead
Early morning futures indicators pointed to a higher opening for the U.S. market.
In Asia, Hang Seng increased 2.27% to 26,462.32, while the Nikkei 225 increased 1.10% to 20,427.06.
In Europe, around midday, the FTSE 100 increased 1.02% to 6,931.58 and the Euronext 100 was up 1.05% to 939.02.
On the macro front
The MBA mortgage applications, EIA petroleum status report and Federal Open Market Committee minutes is due out today.
Click here to read about today's financial markets, setting out the factors driving stocks, bonds and currencies around the world ahead of the New York open.
The Daily Dose has an editorial deadline of 7:30 a.m. ET. Some external links may require a subscription. Links are current as of publication time, and we are not responsible if those links are unavailable later.