Market Updates

TSX dips as tech & energy fall, Shopify dips 5.6% after stock split

 TSX dips as tech & energy fall, Shopify dips 5.6% after stock split

The Canadian benchmark index dwindled by 144.10 points, or 0.8%, to end the session at 19,078.64 on Wednesday, marking a quarter-to-date (QTD) decline of 12.8%.

Read More...
TSX sees biggest 2022 gain yet with energy up, oil & loonie rebound

TSX sees biggest 2022 gain yet with energy up, oil & loonie rebound

It was perhaps only a matter of time, but the TSX Composite Index finally rebounded and gained almost one per cent to take it over the mark it began 2022 on. Most of the major sectors saw significant gains Tuesday, January 11. Energy was up 3.3 per ...

Read More...
US stocks bounced back on Tuesday, led by technology stocks 

US stocks bounced back on Tuesday, led by technology stocks 

Benchmark US indices rebounded on Tuesday, January 11, after the Federal Reserve chairman Jerome Powell said to take aggressive measures to keep the inflation in check during his confirmation hearing today. The S&P 500 rose 0.92% to 4,713.07. Th...

Read More...
US stocks edge lower as tech stock slips

US stocks edge lower as tech stock slips

Benchmark US indices drifted on Monday, January 10, on concerns over sooner than anticipated interest rate hikes, that have pushed the US treasury yields higher. The US treasury yields hit the highest level in two years on Monday. The S&P 500 wa...

Read More...
TSX falls despite gains in healthcare, loonie & oil prices down

TSX falls despite gains in healthcare, loonie & oil prices down

Any gains made Friday were offset Monday as the TSX Composite Index fell 0.06 per cent to 21,072.32 points. The healthcare sector, building on Friday’s gains, grew another 2.5 per cent and energy was in the green by a marginal 0.16 per cent, bu...

Read More...
TSX up on energy sector as December saw twice as many jobs as expected

TSX up on energy sector as December saw twice as many jobs as expected

The TSX Composite Index recovered a little on Friday, January 7, gaining 0.06 per cent, 12.25 points to 21,084.45. It lost 0.65 per cent during the week’s trade. Energy and healthcare gained 0.9 per cent, respectively, while the stock of Enery ...

Read More...
US stocks drift to a mixed close amid Omicron, rate concerns

US stocks drift to a mixed close amid Omicron, rate concerns

Benchmark US indices closed missed on Thursday, January 6, after a choppy trading session amid concerns over rising cases of Omicron and Fed’s earlier-than-expected rate hike. The S&P 500 declined 0.10% to 4,696.05. The Dow Jones decreased...

Read More...
TSX gains as Stat Can reveals trade surplus at 13-year high, loonie up

TSX gains as Stat Can reveals trade surplus at 13-year high, loonie up

The TSX Composite Index gained Thursday, January 6, as Stat Can revealed encouraging trade news. Despite the supply chain woes that have plagued the world recently, Canada’s trade surplus in November stood at C$ 3.1 billion, the most in 13 year...

Read More...
US stocks slip after Fed’s minutes

US stocks slip after Fed’s minutes

Benchmark US indices closed in the red on Wednesday, January 5, after minutes of Fed’s December meeting revealed unease among economists over the current high inflation. The S&P 500 fell 1.94% to 4,700.58. The Dow Jones declined 1.07% to 3...

Read More...
TSX down as tech & pot stocks sink, energy up as oil prices rally

TSX down as tech & pot stocks sink, energy up as oil prices rally

The TSX Composite Index fell 0.93 per cent Wednesday, January 5, as stocks in the tech sector continued to plummet. IT fell 3.68 per cent and the benchmark index wasn’t helped by healthcare which fell almost four per cent. The trusty financial ...

Read More...
US indices close mixed, dragged down by technology, healthcare stocks

US indices close mixed, dragged down by technology, healthcare stocks

Benchmark US indices closed mixed on Tuesday, January 3, weighed down by technology, healthcare, and consumer discretionary segments after a solid start to the first trading week of 2022. The S&P 500 declined 0.06% to 4,793.54. The Dow Jones ros...

Read More...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK