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

The TSX Composite Index fell again Tuesday, May 10, by 109.63 points, 0.55 per cent, to close at 19,890.06. Considering it touched its all-time high of 22,213.07 earlier this year, there may well be a correction on the cards. However, base metals ...

Wall Street's main indices end mixed on Tuesday, May 10, as Treasury yields and oil prices declined ahead of the Labor Department's latest consumer price index data (CPI). The 10-year Treasury notes hit a three-and-a-half-year high on Monday, forcin...

The TSX Composite Index plummeted Monday, May 9, by 633.59 points, 3.07 per cent, to under 20,000. So far, in bearish 2022, Canada’s commodity-heavy benchmark index had weathered the storm better than most. But with energy plummeting by over...

Benchmark US indices extended their slide for a third straight session on Monday, May 9, with the S&P 500 slipping to its lowest level since April 2021, dragged down by losses in mega-cap growth stocks. The S&P 500 was down 3.20% to 3,991.24...

Benchmark US indices closed lower for the second consecutive day on Friday, May 6, as growth stocks retreated amid higher Treasury yields, and mixed jobs data fueled more interest rate rise worries. The S&P 500 declined 0.57% to 4,123.34. The Do...

The TSX Composite Index on Friday, May 6, fell lower by 0.3 per cent, 62.89 points, to 20,633.28. This ended the week with its sixth straight weekly loss, having fallen 0.62 per cent. The benchmark index has fallen 6.37 per cent in six weeks. Energy...

Wall Street’s main indices fell sharply on Thursday, May 5, the biggest drop since the early days of the pandemic as investors feared a steep rate hike at the Fed’s next meeting in June. The S&P 500 fell 3.56% to 4,146.87. The Dow Jo...

The TSX Composite Index on Thursday, May 5, crashed by 488.78 points, 2.31 per cent, to 20,696.17. This undoes the gains of the last two days and takes the benchmark index into red territory for May. Discernably, the index has experienced volatility ...

For the second day in a row, the TSX Composite Index grew by over one per cent after it gained 1.34 per cent, 279.67 points, to 21,184.95. This puts the benchmark index in the green by over two per cent month-to-date. Financials spiked 1.03 per cent...

Wall Street indices climbed higher on Wednesday, May 4, following the Federal Reserve's announcement of its widely anticipated half-point interest rate hike, marking the highest rate increase since 2000. The S&P 500 was up 2.99% to 4,300.17. The...