Market Updates

TSX climbs 3.53% as inflation slowed down in July, loonie up

 TSX climbs 3.53% as inflation slowed down in July, loonie up

The TSX benchmark index spiked by 3.53 per cent to close at 20,269.97 on Tuesday, August 16 in the wake of slowed CPI growth of 7.6 per cent in July.

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Canadian market rises 0.3% to close at 19,611.56

Canadian market rises 0.3% to close at 19,611.56

The Canadian market closed higher on Wednesday as the healthcare, base metals, industrials, and information technology (IT) sectors made gains during the trading session. The S&P/TSX Composite Index climbed 0.32 per cent during the day and close...

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Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar

Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar

Wall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994, to rein in the relentless spike in inflation. The S&P 500 was up 1.46% to 3,789.99. The Dow J...

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TSX rises at open after boost from miners ahead of Fed decision

TSX rises at open after boost from miners ahead of Fed decision

  • June 15, 2022 11:16 AM EDT
  • Reuters

Highlights The S&P/TSX composite index was up 140.83 points, or 0.72%, at 19,689.34. The healthcare sector jumped 2.5%. The energy sector climbed 0.2%. Canada's main stock index rose on Wednesday, aided by mining and healthcare shares...

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Growth stocks lift Wall Street ahead of Fed's rate decision

Growth stocks lift Wall Street ahead of Fed's rate decision

  • June 15, 2022 07:45 AM PDT
  • Reuters

Highlights: Indexes up: Dow 1.04%, S&P 1.29%, Nasdaq 1.66%. Fed rate decision due 2 p.m. ET. Nucor climbs on upbeat profit forecast. Wall Street's main indexes climbed more than 1% on Wednesday, boosted by gains in beaten-down growth ...

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TSX hits 13-month low amid rate hike fears, Bombardier top loser

TSX hits 13-month low amid rate hike fears, Bombardier top loser

  • June 15, 2022 05:51 AM EDT
  • Reuters

Highlights The S&P/TSX composite index ended down 194.05 points, or 0.98%, at 19,548.51. Shares of Bombardier plunged 18.2% as workers on a key business jet program walked off the job for a day. The utilities sector was down 2.3% and techn...

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Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise

Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise

Wall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....

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TSX rebounds after sinking into correction as energy & industrials gain

TSX rebounds after sinking into correction as energy & industrials gain

  • June 14, 2022 11:06 AM EDT
  • Reuters

Highlights At 9:49 am ET (13:49 GMT), the S&P/TSX composite index was up 31.85 points, or 0.16%, at 19,774.41. The industrial sector rose 1.1%. The energy sector climbed 0.5% on higher oil prices. Canada's main stock index rebounded o...

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Wall Street set to rebound after Monday's rout

Wall Street set to rebound after Monday's rout

  • June 14, 2022 07:19 AM PDT
  • Reuters

Highlights: Futures up: Dow 0.39%, S&P 0.59%, Nasdaq 0.91%. Oracle rises as sales, profit top estimates on cloud boom. Continental Resources jumps on buyout proposal from founder. U.S. stocks were set for a rebound on Tuesday after a ...

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TSX slips into correction & loonie weakens as rate hike bets heat up

TSX slips into correction & loonie weakens as rate hike bets heat up

  • June 14, 2022 06:31 AM EDT
  • Reuters

Canada's main stock market tumbled back into correction territory on Monday and the dollar weakened against its US counterpart as investors raised bets on how high central banks would lift interest rates to tackle inflation. The Toronto Stock Exch...

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S&P in bear market as stocks resume losses; COIN, RIOT fall sharply

S&P in bear market as stocks resume losses; COIN, RIOT fall sharply

US stocks resumed their selloff on Monday, June 13, after a sharp fall in the previous session on inflation woes as investors braced for the Fed's third installment of interest rate hikes this week. The S&P 500 fell 3.88% to 3,749.63. The Dow Jo...

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