Market Updates

Wall Street regains momentum on bank, tech stocks rally; VMW, JPM surge

 Wall Street regains momentum on bank, tech stocks rally; VMW, JPM surge

US stocks closed higher on Monday, May 23, lifted by gains in mega-cap technology and bank shares following eight straight weekly declines of the indices, the longest streak since the 2001 dot com bubble. The S&P 500 was up 1.86% to 3,973.75. Th...

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US stocks rally ahead of holidays, consumer spending up

US stocks rally ahead of holidays, consumer spending up

Benchmark US indices closed in the green on Thursday, Dec 23, lifted by basic materials and industrial stocks amid a buoyant trading session as Christmas and New Year holidays approach. The S&P 500 climbed 0.62% to 4,725.79. The Dow Jones rose 0...

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TSX continues to make gains as Omicron fear subsides

TSX continues to make gains as Omicron fear subsides

As the fears over the spread of Omicron variant eased slightly, Canada's benchmark index made gains for the third consecutive day. The S&P/TSX Composite Index jumped 148.88 points as sectors like Information Technology, Healthcare, and Financial...

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US stocks edge higher as Omicron fears fizzle

US stocks edge higher as Omicron fears fizzle

US stocks rallied for the second consecutive day on Wednesday, December 22, helping the indices close higher after a South African government report said Omicron is weaker than the Delta variant. The S&P 500 was up 1.02% to 4,696.56. The Dow Jon...

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TSX closes in green as investors regain confidence after Monday slump

TSX closes in green as investors regain confidence after Monday slump

The S&P/Toronto Stock Exchange (TSX) Composite Index closed higher on Wednesday, December 22, as investors regained confidence after a bumpy start on December 20. S&P/TSX Index jumped 0.7 per cent and closed at 21,070.05. The surge was due t...

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TSX closes 1.9% higher as crude oil prices rebound

TSX closes 1.9% higher as crude oil prices rebound

The TSX Composite Index gained on Tuesday, December 22, as a surge in Healthcare, Information Technology, and Energy sector propelled the stocks higher. S&P/TSX Composite Index added 1.9 per cent and closed at 20,924.87. The surge came after th...

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TSX sinks despite energy sector gaining, loonie down

TSX sinks despite energy sector gaining, loonie down

The TSX Composite Index lost another 200.97 points, 0.97 per cent, Monday, December 20. Bar energy that gained 0.3 per cent, all major sectors suffered losses. It is expected that there will be tax-loss selling at this time of the year. Healthcare a...

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US stocks edge lower on interest rate worries

US stocks edge lower on interest rate worries

Benchmark US indices drifted on Friday, December 17, after the market participants have evaluated the potential effect of the policy shifts by the world's largest central banks. The S&P 500 was down 0.87% to 4,628.25. The Dow Jones Industrial Av...

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TSX posts weekly loss with oil prices in choppy waters, loonie down

TSX posts weekly loss with oil prices in choppy waters, loonie down

The TSX Composite Index ended a touch lower Friday, December 17. Energy sank two per cent but was offset by healthcare, which gained three per cent. In fact, of the top five biggest gainers of the day, three were cannabis stocks. Cronos Group Inc was...

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US stocks close lower led by tech and consumer stocks 

US stocks close lower led by tech and consumer stocks 

Benchmark US indices closed in red on Thursday, December 16, driven by technology stock and Consumer stocks. Covid-19 remained a concern for investors amid global cues. The S&P 500 declined 0.87% to 4,668.67. The Dow Jones decreased 0.08% to 35,...

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TSX falls as technology sector undo gains, commodities rebound

TSX falls as technology sector undo gains, commodities rebound

The TSX Composite Index ended in the red Thursday, December 16. December is not turning out to be quite the Santa Claus Rally as was initially expected, but it is up 0.39 per cent month-to-date. The technology sector fell almost three per cent and t...

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