US stocks retreat after mixed economic data

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...

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...

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 ...

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...

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...

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...

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...

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...

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...

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...