Market Updates

US stocks rise, lifted by financial, energy stocks

 US stocks rise, lifted by financial, energy stocks

Benchmark US indices closed higher on Thursday, December 2, as stocks across all sectors, including financial, energy, healthcare, and technology, moved higher after Omicron concerns waned. The S&P 500 rose 1.42% to 4,577.10. The Dow Jones surge...

Read More...
TSX posts sizable gains after dovish Fed stance, energy up 3.94%

TSX posts sizable gains after dovish Fed stance, energy up 3.94%

Canada’s TSX Composite Index recorded substantial gains on Wednesday, September 22, after a dovish stance from the U.S. Federal Reserve on tapering and interest rates hikes. Additionally, easing distress over China’s property developer Ev...

Read More...
US markets close mixed as defensive stocks lead gains

US markets close mixed as defensive stocks lead gains

Benchmark US indices closed mixed on Tuesday, September 21, after healthcare, energy, and technology stocks led gains in intraday trading buoyed by positive income expectations. The S&P 500 fell 0.08% to 4,354.19. The Dow Jones fell 0.15% to 33,...

Read More...
Canada election sees healthcare and real estate indices rise

Canada election sees healthcare and real estate indices rise

Highlights The Liberals pledged to hire 7,500 doctors, nurses and a minimum wage of C$ 25 per hour for health workers. Tilray and Canopy Growth, two cannabis companies, posted an intraday stock decline by 6.79 per cent and 7.47 per cent, respec...

Read More...
TSX gains on Trudeau’s re-election, loonie up

TSX gains on Trudeau’s re-election, loonie up

Canada’s broader TSX Index on Tuesday, September 21, lifted post the re-election of Prime Minister Justin Trudeau as investors see it as largely a continuation of the present economy although few jitters might be witnessed due to the bankruptcy...

Read More...
US markets close in red, dragged down by energy, financial stocks

US markets close in red, dragged down by energy, financial stocks

All benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...

Read More...
TSX down in every sector amid Canada election & Evergrande crisis

TSX down in every sector amid Canada election & Evergrande crisis

The substantial bankruptcy by Chinese property developer Evergrande triggered an economic slowdown on Monday, September 20, across the globe, which is impacting the financial systems. Additionally, the upcoming Fed’s action for pumping stimulus...

Read More...
US stocks close in a sea of red as tax hike fears grow

US stocks close in a sea of red as tax hike fears grow

US stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...

Read More...
TSX dips over falling oil prices, loonie down

TSX dips over falling oil prices, loonie down

The TSX Composite Index was down on Friday, September 17, due to falling oil prices resulting in a decline in the energy sector by 1.95%. Additionally, the base metal sector which includes precious metals declined by 2.79% owing to a fall in gold and...

Read More...
US stocks retreat after mixed economic data

US stocks retreat after mixed economic data

Benchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...

Read More...
TSX sinks as metal & energy stocks fall, loonie down

TSX sinks as metal & energy stocks fall, loonie down

The main Canadian stock index was left depressed on Thursday, September 16, amid the anticipations surrounding the federal election due next week and the US Federal Reserve’s plans of shrinking its stimulus. The index was primarily pulled down...

Read More...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK