Market Updates

US indices close lower, weighed down by tech, financial stocks

 US indices close lower, weighed down by tech, financial stocks

All key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....

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TSX gains as energy stocks rebound, Denison & Vermilion top gainers

TSX gains as energy stocks rebound, Denison & Vermilion top gainers

The rising crude oil prices drove up the TSX Composite energy sector by 4.39 per cent Wednesday, September 15. Also, the base metal sector gained 2.69 per cent. The rising bond yield pulled up the banking stocks favoring the financial sector and cur...

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US stocks drift after inflation data

US stocks drift after inflation data

Benchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the focus on Fed's stimulus tapering talks. The S&P 500 was down 0.57% to 4,443.05. The Dow Jones ...

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TSX Composite plummets 113.16 points as healthcare and energy suffer

TSX Composite plummets 113.16 points as healthcare and energy suffer

The TSX Composite Index pulled back owing to a fall in multiple sectors, mainly the healthcare and energy sectors on Tuesday, September 14. The volatility in the crude and natural gas prices dragged the energy sector by 1.32% and the healthcare secto...

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US stocks close mixed as lawmakers mull tax hike

US stocks close mixed as lawmakers mull tax hike

Benchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spending bill worth US$3.5 trillion. The S&P 500 was up 0.23% to 4,468.73. The Dow Jones rose 0.76%...

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TSX Composite rallies after lull on back of energy stocks, up 0.16%

TSX Composite rallies after lull on back of energy stocks, up 0.16%

The TSX Composite Index rebounded on Monday, September 13, after a period of continuous decline from past trading sessions. The recovery in the prices of crude oil and natural gas lifted the energy stocks. The TSX composite energy sector gained 4.22...

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US stocks edge lower on inflation data

US stocks edge lower on inflation data

Benchmark US indices closed lower on Friday, September 10, after broad losses across stock segments and the latest economic data showed inflation rose marginally in August. The S&P 500 was down 0.77% to 4,458.58. The Dow Jones fell 0.78% to 34,6...

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S&P/TSX down 4th day in a row to 20,633.06, trades above 21-day SMA

S&P/TSX down 4th day in a row to 20,633.06, trades above 21-day SMA

Canadian stocks settled in red for the fourth consecutive session, down 0.35% to 20,633.06. The negative closing was mainly driven by weakness in large weightage financials, industrials and utilities stocks which was partially offset by strength in e...

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US stocks retreat after jobless claims data

US stocks retreat after jobless claims data

Benchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the lowest level in 18 months. The S&P 500 was down 0.46% to 4,493.28. The Dow Jones fell 0.43% to 3...

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TSX slides for 3rd straight day despite strong tech stocks performance

TSX slides for 3rd straight day despite strong tech stocks performance

The Canadian stock market finished down on Thursday, September 9, extending previous losses, as investors remained cautious about buying equities amid concerns of a delay in the global economic recovery owing to an increase in coronavirus infections....

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US markets close in red as delta variant spells trouble

US markets close in red as delta variant spells trouble

Benchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...

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