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Stock impact report

S&P/TSX composite falls amid bank losses, U.S. stocks tumble as yields rise [Advisor.ca (Canada)]

Royal Bank Of Canada (RY) 
Last royal bank of canada earnings: 2/21 06:00 am Check Earnings Report
US:NYSE Investor Relations: rbc.com/investorrelations/index.html
Company Research Source: Advisor.ca
Allan Small, senior investment advisor at iA Private Wealth, said that markets took a “break” last week from negativity and instead focused on U.S. retail sales and the health of consumers. “The consumer was strong, and the markets rode that positive wave that we tend to see during a shortened Thanksgiving week. But today … Dec. 1, and it looks like we're starting the month on a bit of a negative note,” he said. In the Canadian market, Small said some of the nation's biggest lenders were “taking it on the chin.” Canada's big banks will report their fourth-quarter results this week, starting with Scotiabank on Tuesday, followed by Royal Bank of Canada and National Bank of Canada on Wednesday. Bank of Montreal, CIBC and Toronto-Dominion Bank are expected to report their results on Thursday. Small said that while he is expecting positive results from Canada's major banks this week, they are reporting earnings with some trading at all-time highs. He said that Canadian bank stocks Show less Read more
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