Market Updates

Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses

 Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses

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 ...

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TSX begins Sept on positive note as industrials sector hits record high

TSX begins Sept on positive note as industrials sector hits record high

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...

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US stocks slip on consumer confidence data

US stocks slip on consumer confidence data

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% ...

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TSX dips but marks longest monthly gain streak in 4 years, Loonie down

TSX dips but marks longest monthly gain streak in 4 years, Loonie down

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...

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S&P 500, Nasdaq extend gains on tech boost

S&P 500, Nasdaq extend gains on tech boost

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 ...

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TSX dips as energy & financial stocks fall, Loonie strengthens

TSX dips as energy & financial stocks fall, Loonie strengthens

Canada's main stock index sank on Monday, August 20, amid weakened energy and financial stocks. The decline, however, was partially offset by the rise in technology and utilities stocks. The S&P/TSX Composite Index traded 0.24% or ~50 points low...

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S&P 500, Nasdaq close at record highs after Powell's dovish remark

S&P 500, Nasdaq close at record highs after Powell's dovish remark

The S&P 500 and tech-heavy Nasdaq closed the trading week at all-time highs on Friday, August 27, after Federal Reserve Chairman Jerome Powell cautioned against overreaction to inflation, reiterating that the bank would start tapering monetary su...

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US stocks drift on Fed's taper concerns, mixed economic data

US stocks drift on Fed's taper concerns, mixed economic data

The benchmark US stock indices slipped on Thursday, August 26, after mixed economic data and concerns over Fed's likely tightening of its asset-buying program weighed on investors' minds. The S&P 500 was down 0.58% to 4,470.00. The Dow Jones fel...

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TSX sinks amid slipping bank stocks, Lithium & Intertape top losers

TSX sinks amid slipping bank stocks, Lithium & Intertape top losers

Canada's main stock index slipped into the red zone on Thursday, August 26, as bank stocks fell amid rising concerns regarding a new corporate tax hike proposed by the government. The financial sector tumbled 0.92%, while the metal and tech sectors ...

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US markets extend gains as tech, financial stocks rise

US markets extend gains as tech, financial stocks rise

All major US stock markets closed higher on Wednesday, August 26, pulled up by gains in technology and financial sectors. The blue-chip S&P 500 and tech-heavy Nasdaq Composite closed at record highs for the third consecutive day, buoyed by a posi...

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TSX climbs 0.19%, Lithium Americas & Canaccord top gainers

TSX climbs 0.19%, Lithium Americas & Canaccord top gainers

The main Canadian stock index rose on Wednesday, August 25, amid recovery in energy stocks, although the oil prices were stabilized. The upbeat earnings reports from major banks in the country also saw the financial sector jump by 0.53%. Furthermore...

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