Market Updates

US stocks retreat for third straight day on inflation woes

 US stocks retreat for third straight day on inflation woes

US stocks closed in a sea of red on Thursday, January 20, as investors paused their bullish bets amid mixed signals from the economy. The S&P 500 fell 1.10% to 4,482.73. The Dow Jones declined 0.89% to 34,715.39. The NASDAQ Composite was down 1....

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TSX up as energy falls 2.2% amid looming inflation, loonie down

TSX up as energy falls 2.2% amid looming inflation, loonie down

Canada’s TSX Composite Index rose for the second straight day Wednesday, October 6, marginal though it was. Industrials, IT and utilities were up but all other sectors were down including energy leading to a 0.04 per cent (8.23 points) rise to ...

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US stocks edge higher as big tech firms reap gains

US stocks edge higher as big tech firms reap gains

Benchmark US indices bounced back strong to close higher on Tuesday, October 5, boosted by robust gains in the technology sector. Economy-linked stocks also saw significant gains. The S&P 500 was up 1.05% to 4,345.72. The Dow Jones rose 0.92% to...

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TSX edges up as oil prices hit 7-year high, Nuvei among top gainers

TSX edges up as oil prices hit 7-year high, Nuvei among top gainers

Canada’s TSX Composite Index closed in the green, up 131.18 points or 0.65 per cent Tuesday, October 5. The energy sector continued to gain after the OPEC+ declined calls for increasing oil production even more, and grew another 2.8 per cent. B...

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US markets retreat as technology stocks dip

US markets retreat as technology stocks dip

Benchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...

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TSX falls with tech & healthcare down, loonie up 5 days in a row

TSX falls with tech & healthcare down, loonie up 5 days in a row

Canada’s TSX Composite Index was down 98.62 points or 0.49 per cent Monday, October 4. The energy sector continued its consistent gains and was up over two percent on the back of the oil crisis, but bar that, all sectors were in the red and pre...

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US markets close higher as tech, energy stocks gain

US markets close higher as tech, energy stocks gain

Benchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....

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TSX up after news of Merck’s Covid antiviral pill, loonie up

TSX up after news of Merck’s Covid antiviral pill, loonie up

News of an effective oral antiviral pill for COVID-19 by Merck & Co. seems to have the market anticipating a possible faster recovery of the economy. The consumer cyclical, industrial and financial sectors gained momentum after the news. The ind...

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US stocks close in red on gloomy economic outlook

US stocks close in red on gloomy economic outlook

US stocks closed the session in red on Thursday, September 30, as the Delta virus threat painted a gloomy picture for the economy, and investors stayed away from risky bets. The S&P 500 fell 1.19% to 4,307.54. The Dow Jones fell 1.59% to 33,843....

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TSX dips to break 7-month gaining streak, Bombardier most traded

TSX dips to break 7-month gaining streak, Bombardier most traded

The TSX Composite Index ended September in the red, falling 87.89 points or nearly 0.44 per cent, thereby holding true the “September Effect” -- the traditionally weak performances by stock markets. It closed at 20,070.25. Once again the...

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US stocks wrap up day mixed as defensive sectors gain

US stocks wrap up day mixed as defensive sectors gain

Benchmark US indices closed mixed on Wednesday, September 29, after consumer staple and utility stocks posted strong gains amid fears of a slowdown in economic recovery. The S&P 500 was up 0.16% to 4,359.46. The Dow Jones rose 0.26% to 34,390.72...

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