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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US stocks rise after Twitter nod to Musk's buyout offer; KO rallies

US stocks rise after Twitter nod to Musk's buyout offer; KO rallies

Benchmark US indices closed the first day of the week on a positive note on Monday, April 26, after Twitter board agreed to Elon Musk’s US$44 billion buyout offer, marking a watershed moment for the social media company. The S&P 500 was do...

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TSX sinks for 4th straight day with energy in red, loonie down

TSX sinks for 4th straight day with energy in red, loonie down

With another interest rate hike likely on the horizon, the TSX Composite Index fell for the fourth straight day Monday, April 25, by 174.49 points, 0.82 per cent, to 21,011.89, briefly going below even the 21,000-mark. Industrials, IT and healthcare...

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TSX posts 4th straight weekly loss with all sectors in red, loonie down

TSX posts 4th straight weekly loss with all sectors in red, loonie down

The TSX Composite Index has arguably performed better than other indices across the globe, but with larger interest rate hikes possibly on the table and Covid-19 lockdowns in China, the index saw its biggest daily loss of 2022 Friday, April 22. All ...

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Wall Street edge lower on weak earnings; SNAP, VZ, GPS decline

Wall Street edge lower on weak earnings; SNAP, VZ, GPS decline

Benchmark US indices closed the week lower on Friday, April 22, as weak earnings and the relentless fall in growth stocks weighed on investors' minds. The S&P 500 was down 2.77% to 4,271.78. The Dow Jones fell 2.82% to 33,811.40. The NASDAQ Comp...

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TSX sinks with all sectors in red, bond market up

TSX sinks with all sectors in red, bond market up

The TSX Composite Index took a bit of a plunge Thursday, April 21, with all sectors including energy in the red. Base metals fell over seven per cent and energy 3.57 per cent. The stock of Lithium Americas Corp lost 12.4 per cent Thursday. Tech was ...

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US stocks retreat after Powell's speech; TLSA, UAL, AT&T rally

US stocks retreat after Powell's speech; TLSA, UAL, AT&T rally

US stock drifted lower on Thursday, April 21, after Fed Chair Jerome Powell signaled more rate hikes to come as early as next month to curb the high inflation in the US economy. The S&P 500 was down 1.48% to 4,393.66. The Dow Jones fell 1.05% to...

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TSX edges lower as tech falls over 5%, loonie down

TSX edges lower as tech falls over 5%, loonie down

The TSX Composite Index inched lower Wednesday, April 20, even with energy, financials and industrials in the green. The tech sector lost around 5.4 per cent and the healthcare sector was in the red by about 2.6%. Canopy Growth’s WEED stock lo...

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US stocks close mixed after weak Netflix results; IBM, PG stocks rally

US stocks close mixed after weak Netflix results; IBM, PG stocks rally

Wall Street closed mixed on Wednesday, April 20, after growth stocks took a beating following Netflix's disappointing quarterly results the day before. The S&P 500 was down 0.06% to 4,459.45. The Dow Jones rose 0.71% to 35,160.79. The NASDAQ Com...

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US stocks edge higher on earnings optimism; JNJ, IBM, AAL rally

US stocks edge higher on earnings optimism; JNJ, IBM, AAL rally

Benchmark US indices closed higher on Tuesday, April 19, as better-than expected quarterly results lifted investors’ sentiments. The S&P 500 up 1.61% to 4,462.21. The Dow Jones rose 1.45% to 34,911.20. The NASDAQ Composite increased by 2.1...

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Canadian market closes trade higher at 0.6%, IT records highest gain

Canadian market closes trade higher at 0.6%, IT records highest gain

The main Canadian equity index ended the day higher at 0.64 per cent as gains in the Industrial, Information Technology, and Healthcare sectors pushed the prices of shares higher on Tuesday, April 19. The S&P/TSX Composite Index ended the day hi...

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