On Friday, the markets were moderately down as the S&P 500 fell 0.8% and Toronto was down 0.6%.
Canadian Western Bank was down 4.4% after releasing Q4 earnings that were positive but fell short of expectations. This bank trades at not much over book value. But it has not achieved the ROE or earnings growth of the larger banks.
Futures markets are predicting a moderately higher opening for the markets on Monday morning.