TSX rebounds with financials & energy up, loonie down

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....

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...

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...

As expected, the oil crisis continues to play a role in Canada's economy. Despite a good performance in the energy sector and decent performances in the financial and industrial sectors, the TSX Composite Index fell on Wednesday, September 29, mild t...

Benchmark US indices closed in red on Tuesday, September 28, after broad losses across stock segments and investors weighed weak consumer confidence data, raising concerns about an economic slowdown. The S&P 500 was down 2.04% to 4,352.63. The D...

The Canadian benchmark index, the TSX Composite Index declined ~289 points or 1.41 per cent to 20,174.14 on Tuesday, September 28. The weakness was driven by a fall in the Information technology sector, which was down 3.71 per cent, followed by base ...

Dow Jones closed higher on Monday, September 27, pulled up by gains in financial and energy stocks, while Nasdaq Composite and S&P 500 retreated as losses in technology shares deepened. The S&P 500 fell 0.28% to 4,443.11. The Dow Jones rose ...

Canada’s TSX Composite Index moved up Monday, September 27, amid surging oil prices, which drove the energy sector by 3.14%. Additionally, the healthcare and base metal sectors were up ~2.35% and 1.88%. However, the gains in the TSX Index were...

Benchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...

Canada’s TSX Composite Index fell at the end of the week as worries over China’s Evergrande slumped investors’ sentiments. However, the surging oil prices drove the TSX composite energy Sector up by 1.31 per cent Friday, September 2...