October 9, 2023 before the open

Note that Canadian stock markets are closed today for the holiday.

On Friday the S&P 500 rebounded somewhat with a 1.2% gain and Toronto was up 0.6%.

AutoCanada bounced up 5.5%.

But them on the weekend we had the attack on Israel followed by a a deliration of war against Hamas.

U.S stock market futures are down only modestly this morning.

I thought U.S. bond yields might fall in a flight to quality but the yields are apparently up modestly this morning.

Oil is up about 3% and that includes the impact of OPEC predicting higher demand

So, overall it seems no a lot of market reaction to the situation in Israel.

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