On Monday. markets were initially down about 2% as Trump escalated trade tensions with China, but by the end of the day the decline was modest.
The S&P 500 was down 0.45% and Toronto closed virtually unchanged.
Earnings reports this week include Stantec, Canadian Tire and Melcor Developments.
With the sale of its problematic construction services division, Stantec can hopefully report a good earnings increase from continuing operations. It should be benefiting from the strong U.S. economy.
Canadian Tire has been growing earnings but could face headwinds from weather and a lower Canadian dollar.
Melcor will likely report continued progress in its commercial building development activity, as well as its U.S. operations. Its rental properties will likely be down moderately. Residential home building lot sales will likely be quite weak.