Market Updates

US stocks retreat after mixed economic data

 US stocks retreat after mixed economic data

Benchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...

Read More...
US markets edge higher on earnings optimism

US markets edge higher on earnings optimism

Benchmark US indices closed higher on Tuesday, August 3, boosted by gains in healthcare and technology stocks and optimism about strong quarterly earnings of blue-chip companies. The S&P 500 was up 0.82% to 4,423.15. The Dow Jones gained 0.80% t...

Read More...
TSX closes in green; Canfor & Crescent Point Energy top gainers

TSX closes in green; Canfor & Crescent Point Energy top gainers

The Canadian market closed on a positive note post the long weekend, with the broader TSX composite Index gaining 78.05 points or 0.38% to close at 20,365.85 on Tuesday. The rise was supported by solid quarterly earnings posted by many Canadian compa...

Read More...
US markets end flat; consumer, healthcare stocks gain

US markets end flat; consumer, healthcare stocks gain

Benchmark US indices closed flat on Monday, August 2, as investors started trading in the new month with a subdued note amid concerns over rising cases of covid infections from delta mutant. The S&P 500 was down 0.18% to 4,387.16. The Dow Jones ...

Read More...
TSX tumbles amid weakening in multiple sectors, down 23.98 points at 20,287.80

TSX tumbles amid weakening in multiple sectors, down 23.98 points at 20,287.80

Canada’s broader TSX composite Index fell 23.98 points or 0.12% on the last day of the week to close at 20,287.80. Multiple sectors such as Healthcare, Energy and Base Metals plummeted to drag the TSX into red on Friday. The TSX Healthcare, En...

Read More...
US stock indices slip into red amid mixed cues

US stock indices slip into red amid mixed cues

Benchmark US indices slipped into the red on Friday, July 30, dragged down by losses in most sectors and closing the trading week on a subdued note. The S&P 500 fell 0.54% to 4,395.26. The Dow Jones declined 0.42% to 34,935.47. The NASDAQ Compos...

Read More...
US stocks advance on GDP data, economy outlook

US stocks advance on GDP data, economy outlook

Benchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...

Read More...
TSX rises on material & energy sector

TSX rises on material & energy sector

The broader Canadian equity index remained in green zone for the third consecutive trading session, gaining 81.38 points or 0.40% to close at 20,311.78. The market was boosted by material and energy sector, which climbed on  the back of rising g...

Read More...
Nasdaq edges up on tech earnings boost

Nasdaq edges up on tech earnings boost

The tech-heavy Nasdaq Composite Index closed higher on Wednesday, July 28, a day after big technology companies like Google, Apple, and Microsoft posted strong quarterly earnings, while the blue-chip S&P 500 and the Dow Jones saw small gains in a...

Read More...
TSX settles in green, Loonie rises

TSX settles in green, Loonie rises

Lower inflation numbers for June 2021 and abrupt rise in cannabis stocks triggered a notable jump in the Canadian main index on Wednesday, June 28. The Canadian healthcare sector climbed 9.95%, mainly fueled by Tilray Inc. (TSX: TLRY), which hiked a...

Read More...
US indices slip, weighed down by technology, consumer stocks

US indices slip, weighed down by technology, consumer stocks

Benchmark US indices drifted from their recent gains on Tuesday, July 27, dragged down by technology and consumer stocks, even as Q2 earnings reports of big companies trickled in. The S&P 500 fell 0.47% to 4,401.46. The Dow Jones shed 0.24% to 3...

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