Market Updates

TSX ticks higher despite employment data, loonie up by 0.48%

 TSX ticks higher despite employment data, loonie up by 0.48%

On September 9, The TSX index gained significantly helped by broad-based rally despite August Labour Survey data

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TSX up for 4th straight day as all sectors gain, energy up 62% YTD

TSX up for 4th straight day as all sectors gain, energy up 62% YTD

The rebound after the correction is certainly on for the commodity heavy TSX Composite Index. It ended in the green for the fourth consecutive trading day. Since May 12, it is up 3.5 per cent and 1.4 per cent of that has come in the last four days. ...

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Wall Street edges higher after Fed minutes; DKS, JWN, NVDA rally

Wall Street edges higher after Fed minutes; DKS, JWN, NVDA rally

US stocks closed higher on Wednesday, May 25, after Fed's minutes from its last policy meeting showed that most members favored more aggressive interest rate increases to calm inflation. The S&P 500 was up 0.95% to 3,978.73. The Dow Jones rose 0...

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TSX up for 4th straight day as all sectors gain, energy up 62% YTD

TSX up for 4th straight day as all sectors gain, energy up 62% YTD

The rebound after the correction is certainly on for the commodity heavy TSX Composite Index. It ended in the green for the fourth consecutive trading day. Since May 12, it is up 3.5 per cent and 1.4 per cent of that has come in the last four days. ...

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TSX climbs higher with energy & financials up, loonie down

TSX climbs higher with energy & financials up, loonie down

It was another day in the green as the TSX Composite Index ended the week’s first trading day up 0.44 per cent. On Monday, May 24, healthcare and technology took biting losses, down 7.5 and 4.3, respectively. However, financials gained about...

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Wall Street regains momentum on bank, tech stocks rally; VMW, JPM surge

Wall Street regains momentum on bank, tech stocks rally; VMW, JPM surge

US stocks closed higher on Monday, May 23, lifted by gains in mega-cap technology and bank shares following eight straight weekly declines of the indices, the longest streak since the 2001 dot com bubble. The S&P 500 was up 1.86% to 3,973.75. Th...

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TSX snaps 7-week losing streak despite healthcare sector & loonie down

TSX snaps 7-week losing streak despite healthcare sector & loonie down

It was a marginal 15.69-point gain at the end of the trading day Friday, May 20, for the TSX Composite Index but that meant that after seven consecutive weekly losses, the index ended a week in the green. The benchmark index grew 0.49 per cent for...

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S&P falls into bear market in intraday, Nasdaq retreats; ROST, DE decline

S&P falls into bear market in intraday, Nasdaq retreats; ROST, DE decline

Benchmark US indices closed mixed on Friday, May 20, as investors were concerned about the elevated inflation, sending S&P 500 into the bear-market territory in intraday session. The S&P 500 was up 0.01% to 3,901.36. The Dow Jones rose 0.03%...

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TSX in green as tech & base metal sectors rebound, loonie up

TSX in green as tech & base metal sectors rebound, loonie up

The TSX Composite Index on Thursday, May 19, rebounded by 80.54 points, 0.4 per cent, after its fall of 1.9 per cent the previous day. With a little luck, it might just break its seven-week losing streak, this week. Energy was back up 0.6 per cent...

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US stocks extend losses on economic concerns; BJ, KSS surge

US stocks extend losses on economic concerns; BJ, KSS surge

Wall Street extended its losses on Thursday, May 19, after a sharp fall in the previous session as investors weighed a possible global economic slowdown. The S&P 500 was down 0.58% to 3,900.79. The Dow Jones fell 0.75% to 31,253.13. The NASDAQ C...

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TSX falls 2% as April inflation rate hits new 31-year high, loonie down

TSX falls 2% as April inflation rate hits new 31-year high, loonie down

The TSX Composite Index on Wednesday, May 18, closed in the red by 389.63 points, down 1.90 per cent, to 20,101.38 after StatCan reported that April’s inflation rate of 6.8 per cent year-over-year breached a new 31-year high. Basics like food ...

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