US stocks close in a sea of red as tax hike fears grow

Canada's main stock sank on Wednesday, September 8, amid concerns after the Bank of Canada hinted at “risks” and left interest rates undisturbed at 0.25 per cent. The S&P/TSX composite index traded in red for the second consecutive d...

S&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...

Canada’s primary stock index noted a decline on Tuesday, September 7, as markets opened after Labour Day on Monday. The S&P/TSX Composite Index sank by 14.8 points or 0.07% to settle at 20,806.63, as the strengthening US dollar and bond yi...

Benchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy Nasdaq Composite gained as the weaker-than-expected job data eased fears over Fed’s tapering ...

Rise in gold and silver stocks saw the base metal sector lift Canada’s main stock market index on Friday, September 3. The base metal sector was up by 1.27%. Falling oil prices, on the other hand, pulled back the energy sector by 0.39%. At cl...

Benchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with its planned production increase. The S&P 500 was up 0.28% to 4,536.95. The Dow Jones gained 0....

Canada's main stock index began the new month with record numbers as the industrials sector hit an all-time high on Wednesday, September 1. Stocks of the country’s two largest railway giants, Canadian Pacific Railways and Canadian National Rai...

Benchmark US indices closed lower on Tuesday, August 31, after blue-chip technology stocks retreated amid coronavirus fears and new economic data showed declining consumer confidence. The S&P 500 fell 0.13% to 4,522.68. The Dow Jones shed 0.11% ...

The main Canadian stock index settled lower on Tuesday, August 31, although it ended the month on a high note after capturing seven straight months of gains. This is said to have been the longest gain streak in about four years. The industrial secto...

Blue-chip S&P 500 and tech-heavy Nasdaq Composite continued their gains on Monday, August 30, from the previous week’s record closes after technology and consumer discretionary stocks rallied. The S&P 500 was up 0.43% to 4,528.79. The ...