Market Updates

US indices close lower, weighed down by tech, financial stocks

 US indices close lower, weighed down by tech, financial stocks

All key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....

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US indices close in red as tech, consumer stocks slump

US indices close in red as tech, consumer stocks slump

Benchmark US indices closed in red on Tuesday, September 28, after broad losses across stock segments and investors weighed weak consumer confidence data, raising concerns about an economic slowdown. The S&P 500 was down 2.04% to 4,352.63. The D...

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TSX falls amid tech stock selloff, loonie drops

TSX falls amid tech stock selloff, loonie drops

The Canadian benchmark index, the TSX Composite Index declined ~289 points or 1.41 per cent to 20,174.14 on Tuesday, September 28. The weakness was driven by a fall in the Information technology sector, which was down 3.71 per cent, followed by base ...

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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 back in green as energy grows over 3%, loonie up 6 days straight

TSX back in green as energy grows over 3%, loonie up 6 days straight

Canada’s TSX Composite Index moved up Monday, September 27, amid surging oil prices, which drove the energy sector by 3.14%. Additionally, the healthcare and base metal sectors were up ~2.35% and 1.88%. However, the gains in the TSX Index were...

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US indices close week mixed, weighed down by tech stocks

US indices close week mixed, weighed down by tech stocks

Benchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...

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TSX fall mitigated by surging oil prices, loonie continues rise

TSX fall mitigated by surging oil prices, loonie continues rise

Canada’s TSX Composite Index fell at the end of the week as worries over China’s Evergrande slumped investors’ sentiments. However, the surging oil prices drove the TSX composite energy Sector up by 1.31 per cent Friday, September 2...

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US stocks march on, lifted by business optimism

US stocks march on, lifted by business optimism

Benchmark US indices closed higher for the second consecutive day on Thursday, September 23, lifted by positive sentiments from Fed’s economic outlook. The S&P 500 was up 1.21% to 4,448.98. The Dow Jones rose 1.48% to 34,764.82. The NASDAQ...

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TSX & loonie gain 3rd day in a row, energy up 2.8%

TSX & loonie gain 3rd day in a row, energy up 2.8%

Canada’s TSX Composite Index rallied for the third day on Thursday, September 23, as the market continued to digest the Fed’s tapering signals and concerns over China’s property developer Evergrande eased since the debt crisis could...

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US stocks rebound on Fed's economic assessment

US stocks rebound on Fed's economic assessment

Benchmark US indices reclaimed grounds on Wednesday, September 22, after a steep selloff in the previous two sessions, boosted by the Federal Reserve’s positive economic assessment. The S&P 500 was up 0.95% to 4,395.64. The Dow Jones rose ...

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TSX posts sizable gains after dovish Fed stance, energy up 3.94%

TSX posts sizable gains after dovish Fed stance, energy up 3.94%

Canada’s TSX Composite Index recorded substantial gains on Wednesday, September 22, after a dovish stance from the U.S. Federal Reserve on tapering and interest rates hikes. Additionally, easing distress over China’s property developer Ev...

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