Market Updates

US markets scale fresh highs on upbeat earnings, housing data

 US markets scale fresh highs on upbeat earnings, housing data

S&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...

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US stocks edge lower on inflation data

US stocks edge lower on inflation data

Benchmark US indices closed lower on Friday, September 10, after broad losses across stock segments and the latest economic data showed inflation rose marginally in August. The S&P 500 was down 0.77% to 4,458.58. The Dow Jones fell 0.78% to 34,6...

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S&P/TSX down 4th day in a row to 20,633.06, trades above 21-day SMA

S&P/TSX down 4th day in a row to 20,633.06, trades above 21-day SMA

Canadian stocks settled in red for the fourth consecutive session, down 0.35% to 20,633.06. The negative closing was mainly driven by weakness in large weightage financials, industrials and utilities stocks which was partially offset by strength in e...

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US stocks retreat after jobless claims data

US stocks retreat after jobless claims data

Benchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the lowest level in 18 months. The S&P 500 was down 0.46% to 4,493.28. The Dow Jones fell 0.43% to 3...

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TSX slides for 3rd straight day despite strong tech stocks performance

TSX slides for 3rd straight day despite strong tech stocks performance

The Canadian stock market finished down on Thursday, September 9, extending previous losses, as investors remained cautious about buying equities amid concerns of a delay in the global economic recovery owing to an increase in coronavirus infections....

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US markets close in red as delta variant spells trouble

US markets close in red as delta variant spells trouble

Benchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...

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TSX sinks, loonie dips as Bank of Canada leaves interest rate unchanged

TSX sinks, loonie dips as Bank of Canada leaves interest rate unchanged

Canada's main stock sank on Wednesday, September 8, amid concerns after the Bank of Canada hinted at “risks” and left interest rates undisturbed at 0.25 per cent. The S&P/TSX composite index traded in red for the second consecutive d...

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US stocks drift on slow pace of economic recovery

US stocks drift on slow pace of economic recovery

S&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...

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TSX dips as energy & gold prices fall, Loonie down

TSX dips as energy & gold prices fall, Loonie down

Canada’s primary stock index noted a decline on Tuesday, September 7, as markets opened after Labour Day on Monday. The S&P/TSX Composite Index sank by 14.8 points or 0.07% to settle at 20,806.63, as the strengthening US dollar and bond yi...

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US stocks end mixed on weak jobs data

US stocks end mixed on weak jobs data

Benchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy Nasdaq Composite gained as the weaker-than-expected job data eased fears over Fed’s tapering ...

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TSX gains as base metals rise, New Gold & BRP top gainers

TSX gains as base metals rise, New Gold & BRP top gainers

Rise in gold and silver stocks saw the base metal sector lift Canada’s main stock market index on Friday, September 3. The base metal sector was up by 1.27%. Falling oil prices, on the other hand, pulled back the energy sector by 0.39%. At cl...

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