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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Dow suffers worst day as Wall Street retreats; TGT, LOW stocks plunge

Dow suffers worst day as Wall Street retreats; TGT, LOW stocks plunge

Dow Jones suffered its worst single-day loss since 2020 as Wall Street’s main indices drifted lower on Wednesday, May 18, following weak quarterly earnings of companies like Target Corporation (TGT). The S&P 500 was down 4.04% to 3,923.68....

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TSX up with all sectors in green, DND spikes 67% in 4 days & loonie up

TSX up with all sectors in green, DND spikes 67% in 4 days & loonie up

So, for the third day in a row, the TSX Composite Index gained Tuesday, May 17, after it closed 1.41 per cent up. After sinking to a correction, Canada’s benchmark index has recovered four per cent and at market close stood at 20,491.01, up 284...

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US stocks rise after strong retail sales data; Citigroup, HD, UAL surge

US stocks rise after strong retail sales data; Citigroup, HD, UAL surge

Benchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased investors' concerns over a slow economic growth. The S&P 500 rose 2.02% to 4,088.85. The Dow Jones ...

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TSX in green with energy & base metals up, commodities & loonie gain

TSX in green with energy & base metals up, commodities & loonie gain

The commodity heavy TSX Composite Index had a second straight day in the green, gaining 106.60 points, 0.53 per cent, to 20,206.41, even as fears grew about a slowdown in China and its implications on the world economy and the supply chain. Once a...

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TSX rebounds 2% but posts 7th straight weekly loss, tech & loonie gain

TSX rebounds 2% but posts 7th straight weekly loss, tech & loonie gain

The TSX Composite Index snapped its six-day losing streak that began May 5, after it rebounded 400.76 points, 2.03 per cent, back over 20,000 points, Friday, May 13. However, it was the seventh straight week in the red for the benchmark index after i...

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US stocks edge higher on tech stock gains; HOOD, DUOL, OXY rally

US stocks edge higher on tech stock gains; HOOD, DUOL, OXY rally

Wall Street's main indices rallied on Friday, May 13, ending the week on a positive note after investors shrugged off concerns about inflation and other negative market trends. The S&P 500 was up 2.39% to 4,023.89. The Dow Jones rose 1.47% to 32...

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TSX in red for 6th straight day but tech & healthcare gain, loonie down

TSX in red for 6th straight day but tech & healthcare gain, loonie down

The TSX Composite Index fell for the sixth day in a row as it lost 138.20 points, 0.7 per cent, to 19,699.05 Thursday, May 12. Tech, however, gained 1.8 per cent and healthcare was up 3.8 per cent. All the other sectors were in the red including e...

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Dow, S&P close lower on mixed economic data; APP, GME, AMC rally

Dow, S&P close lower on mixed economic data; APP, GME, AMC rally

Dow Jones and S&P 500 fell, but tech-savvy Nasdaq crawled back up to close the session mixed on Thursday, May 12, after a vital economic gauge showed that demand for manufactured goods slowed in April. The S&P 500 was down 0.13% to 3,930.08....

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TSX in correction but energy gains, oil prices & loonie up

TSX in correction but energy gains, oil prices & loonie up

The TSX Composite Index confirmed a correction as it edged lower Wednesday, May 11, after it fell by 52.81, 0.27 per cent, to 19,837.25. The energy sector gained 1.5 per cent after Kyiv stopped about 25 per cent of Russia’s oil flow to Europe ...

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US stocks slip after CPI data; COIN, Unity decline

US stocks slip after CPI data; COIN, Unity decline

Wall Street's main indices drifted lower on Wednesday, May 11, after US inflation rose more than expected month-on-month for comfort, renewing fears about the Fed's aggressive rate hikes. The S&P 500 was down 1.65% to 3,935.18. The Dow Jones fel...

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