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%.

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TSX opens at 2% loss as energy & gold stock dip

TSX opens at 2% loss as energy & gold stock dip

  • June 13, 2022 10:32 AM EDT
  • Reuters

Canada's main stock index extended losses on Monday, led by declines in energy and gold stocks amid fears of aggressive policy tightening by the Federal Reserve after data suggested red-hot US inflation was yet to peak.  At 9:40 a.m. ET (13:4...

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TSX plummets to 2-week low as US inflation data surges

TSX plummets to 2-week low as US inflation data surges

  • June 13, 2022 04:58 AM EDT
  • Reuters

Canada's main stock index tumbled on Friday to a two-week low as stronger-than-expected US consumer price data stoked fears that the Federal Reserve would continue with its aggressive policy tightening to tame soaring inflation. The Toronto S...

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Wall Street falls sharply after CPI data; DOCU, NFLX plummet

Wall Street falls sharply after CPI data; DOCU, NFLX plummet

US indices closed the week sharply lower on Friday, June 10, after the latest CPI data showed inflation surged at an annual pace of 8.6% in May, triggering a panic selloff in growth stocks. The S&P 500 fell 2.91% to 3,900.86. The Dow Jones decre...

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TSX opens weak as US inflation fans fears of aggressive rate hikes

TSX opens weak as US inflation fans fears of aggressive rate hikes

  • June 10, 2022 11:03 AM EDT
  • Reuters

Canada's main stock index fell on Friday, as stronger-than-expected US consumer price data stoked fears that the Federal Reserve would continue with its aggressive policy tightening to tame soaring inflation. At 9:44 am ET (13:44 GMT), the Toronto...

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Wall St unnerved as hot inflation sparks fears of more combative Fed policy

Wall St unnerved as hot inflation sparks fears of more combative Fed policy

  • June 10, 2022 07:16 AM PDT
  • Reuters

U.S. stock indexes slid on Friday as consumer prices rose more than expected in May, dashing hopes that inflation is peaking and fanning worries about more aggressive steps by the Federal Reserve to tame it. All the 11 major S&P sectors traded...

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TSX hits 2-week low as rising interest rates hit sentiment

TSX hits 2-week low as rising interest rates hit sentiment

  • June 10, 2022 04:44 AM EDT
  • Reuters

Canada's main stock index fell to a two-week low on Thursday, including declines for financial and resource shares, as the prospect of rising interest rates globally to tackle inflation pressures weighed on investor sentiment. The Toronto Stock Ex...

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US stocks close lower ahead of inflation data; BABA, FCEL, FIVE decline

US stocks close lower ahead of inflation data; BABA, FCEL, FIVE decline

Wall Street’s main indices closed lower on Thursday, June 9, as rising bond yields and downbeat sentiments over a possible adverse CPI data due this week weighed on the mega-cap growth stocks. The S&P 500 fell 2.38% to 4,017.82. The Dow Jo...

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TSX opens lower as healthcare, and energy shares weigh

TSX opens lower as healthcare, and energy shares weigh

  • June 09, 2022 10:10 AM EDT
  • Reuters

Highlights The S&P/TSX composite index was down 81.05 points, or 0.39%, at 20,711.38 on Thursday, June 9, at 9:34 am ET. Canada's main stock index was dragged down by weakness in healthcare and energy shares. Concerns around soaring inflat...

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Wall St slips as growth stocks struggle amid rising bond yields

Wall St slips as growth stocks struggle amid rising bond yields

  • June 09, 2022 06:35 AM PDT
  • Reuters

Wall Street's main indexes slipped in choppy trading on Thursday as technology and growth stocks struggled for direction amid rising bond yields and weaker risk appetite on concerns around surging inflation and aggressive interest rate hikes. Nine...

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TSX falls as investors await evidence of peak inflation, bond yields up

TSX falls as investors await evidence of peak inflation, bond yields up

  • June 09, 2022 05:06 AM EDT
  • Reuters

Canada's main stock index fell on Wednesday, including declines for financial and technology shares, as bond yields climbed ahead of key US inflation data later in the week. The Toronto Stock Exchange's S&P/TSX composite index ended down 135.7...

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