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Market updates
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S&P 500, NASDAQ make record closes as tech stocks rally
June 29, 2021 08:22 AM AEST| By Sanjeeb BaruahThe S&P 500 and the tech-heavy NASDAQ Composite closed at record highs on Monday, June 28, providing a strong headstart to the week as investors waited for a new set of economic data and a critical OPEC meeting this week whose outcome might sway...
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TSX dragged down by new Delta COVID-19 variant, Loonie dips
June 29, 2021 07:30 AM AEST| By Team Kalkine MediaThe broader TSX composite index declined on Monday, June 28, in the wake of the rising Delta COVID-19 variant cases in Britain and a few regions in Asia. The S&P/TSX Composite Index decreased by 0.42% or 85.01 points to 20,145.25 on Monday. As...
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TSX closes higher on crude prices, ARC & Badger top gainers
June 26, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index climbed by 0.07% or 15.14 points on Friday, June 25, as crude oil prices rose on the back of the trillion-dollar US infrastructure deal. Sectors of energy, industrials and base metals showed positive momentum. ...
US stocks close week on positive note as financials lead
June 26, 2021 07:23 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week on a positive note on Friday, June 25, as stocks saw broad gains led by financials despite some minor pushback from the tech segment. The S&P 500 was up 0.33% to 4,280.70. The Dow Jones gained 0.69% to 34,433...
NASDAQ, S&P 500 hit all-time highs after infra deal, labor recovery
June 25, 2021 08:25 AM AEST| By Sanjeeb BaruahBlue-chip S&P 500 and NASDAQ Composite closed at all-time highs on Thursday, June 24, after markets responded positively to the news of President Biden’s US$1 trillion infrastructure deal and continued recovery of the US labor market, criti...
TSX zooms on $1.2tn US infra deal, Bombardier & Manulife most traded
June 25, 2021 07:30 AM AEST| By Team Kalkine MediaThe broader Canadian index settled in green on Thursday, June 25, after the US announced a US$ 1.2 trillion infrastructure package for the next eight years. The S&P/TSX Composite Index gained 0.25%, or 50.73 points, to settle at 20,215.12. The S...
US markets close mixed as financials, energy stocks advance
June 24, 2021 08:26 AM AEST| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, June 23, after financials and energy scrips advanced, while other stock segments remained subdued. The S&P 500 was down 0.11% to 4,241.84. The Dow Jones declined 0.21% to 33,874.24. The NASDAQ Comp...
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TSX slips due to plunge in retail sector, Equinox & Empire top losers
June 24, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite index slipped 0.18%, or 36.26 points, to settle at 20,164.39 on Wednesday, June 23, amid a dip in the retail sector following gloomy sales numbers. The decline, however, was partially offset by gains in the energy, technolo...
TSX trades in green, Loonie gains for second straight day
June 23, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index gained 0.22%, or 44 points, to 20,200.65, on Tuesday, June 22, on the back of strengthen base metals and technology stocks. The gains, however, were partially offset by weakness in the energy and financials sectors....
Rebound in energy, industrial stocks lift Wall Street
June 22, 2021 07:59 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, June 21, after the Dow Jones Industrial Average jumped 580 points as energy and industrial stocks rallied sharply amid a strong economic rebound. The S&P 500 was up 1.40% to 4,224.79. The Dow Jones r...
TSX rises on energy gains, Canadian Natural Resources most active stock
June 22, 2021 07:30 AM AEST| By Team Kalkine MediaThe key composite index of Canadian equity markets inched higher on the back of energy, metal and healthcare stocks on Monday, June 21. At the close, the S&P/TSX Composite settled at 20,156.36, up 0.78 per cent. However, the junior benchmark inde...
TSX Moved Below 20,000 on Friday.
June 19, 2021 07:30 AM AEST| By Team Kalkine MediaThe leading index of the Toronto Stock Exchange encountered its first losing week since early May this year and fell below the 20,000 psychological support level of the index. The benchmark S&P/TSX Composite Index settled 144.45 points or 0.72% t...
US Markets end week in red, Dow Jones down 500 points
June 19, 2021 07:30 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week in red on Friday, June 18, with Dow Jones diving to its lowest level since January, as Americans marked the Juneteenth Holiday to commemorate the end of slavery some 155 years ago. The S&P 500 was down 1.31%...
US markets close flat as stocks slip on inflation fears
June 18, 2021 08:24 AM AEST| By Team Kalkine MediaMajor US stock markets closed the session flat on Thursday, June 17, as key segments on the indices saw muted movements a day after the Federal Reserve signalled a rate hike by 2023 to curb prices. The S&P 500 was down 0.04% to 4,221.86. The Dow...
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TSX Composite reels under rising inflation heat, down 43bps
June 18, 2021 07:30 AM AEST| By AnujCanada’s Toronto Stock Exchange (TSX) witnessed the impact of a higher inflation rate on Thursday, June 17, leading to its benchmark S&P /TSX Composite Index plunging nearly 87 points or 0.43 per cent to 20,144 points. The S&P/TS...
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TSX closes flat after winning streak, US markets sink on Feds outlook
June 17, 2021 07:30 AM AEST| By Team Kalkine MediaTSX closes flat after winning streak, US markets sink on Feds outlook Despite testing a new high on Wednesday, June 16, the S&P/TSX Composite index ended the day trading flat as weakened energy and metals sectors offset early gains. The...
Strengthening oil prices fuel TSX higher, Prairiesky & MEG top gainers
June 16, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite index registered yet another record high on Tuesday, June 15, broadly supported by the strength in crude oil prices. The broader Canadian index closed 73.67 points, or 0.37%, higher to a record level of 20,231.32. Crude oi...
TSX conquers another new high, Loonie holds steady
June 15, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index climbed to a new all-time high on Monday, June 15, as the energy sector gained in the wake of rising oil prices. The Canadian broader stock index was up 0.10% to settle at 20,157.65. Gains in the energy sector, howeve...
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TSX claims another record high on back of energy stock gains
June 12, 2021 07:30 AM AEST| By Team Kalkine MediaCanada’s broader stock index closed above the 20,100-mark on Friday, June 11, driven by gains in the energy sector as oil prices reached a multi-year high. Positive data indicating an economic rebound infused optimism in the markets. The S&...
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TSX Rises On Oil Price-Boosted Energy Stocks, Denison Top Gainer
June 11, 2021 07:43 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index rose on Thursday, June 10, after the energy sector gained momentum on the back of increased oil prices. The broader Canadian index climbed ~0.24% to settle at 20,049.47. Oil prices rose around 0.8% on Thursday after...
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