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Market updates
TSX posts best gain in 4 months as US lifts debt ceiling, loonie up
October 08, 2021 08:00 AM EDT| By Team Kalkine MediaCanada’s TSX Composite Index rose by 224.55 points Thursday, October 7, after the Republicans opted for bipartisanship and allowed the Democrats to raise the US debt ceiling by US$ 480 billion averting what would have been a historic delinquenc...
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TSX ends week in green with gains from energy, loonie up
October 08, 2021 01:30 AM EDT| By Team Kalkine MediaCanada’s TSX Composite Index was in the green ever so marginally (0.01 per cent) for the fourth straight day Friday, October 8, and closed the week before Thanksgiving at 20,416.31. With the holiday season well and truly on its way and on the b...
US stocks rally on Senate debt-ceiling extension deal
October 07, 2021 03:00 PM PDT| By Sanjeeb BaruahUS stock markets closed higher on Thursday, October 7, pulled up by gains in the technology sector as positive sentiments grew after the Senate secured a crucial debt-ceiling extension deal. The S&P 500 was up 0.83% to 4,399.76. The Dow Jones ro...
US stocks edge higher after weak start in early trade
October 06, 2021 02:50 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, October 6, as stocks recovered following a weak start to the trading day and bullish sentiments rose after lawmakers sealed a debt-ceiling deal. The S&P 500 was up 0.41% to 4,363.55. The Dow Jones...
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TSX up as energy falls 2.2% amid looming inflation, loonie down
October 06, 2021 01:30 AM EDT| By Team Kalkine MediaCanada’s TSX Composite Index rose for the second straight day Wednesday, October 6, marginal though it was. Industrials, IT and utilities were up but all other sectors were down including energy leading to a 0.04 per cent (8.23 points) rise to...
US stocks edge higher as big tech firms reap gains
October 05, 2021 02:54 PM PDT| By Sanjeeb BaruahBenchmark US indices bounced back strong to close higher on Tuesday, October 5, boosted by robust gains in the technology sector. Economy-linked stocks also saw significant gains. The S&P 500 was up 1.05% to 4,345.72. The Dow Jones rose 0.92% to...
TSX edges up as oil prices hit 7-year high, Nuvei among top gainers
October 05, 2021 01:30 AM EDT| By Team Kalkine MediaCanada’s TSX Composite Index closed in the green, up 131.18 points or 0.65 per cent Tuesday, October 5. The energy sector continued to gain after the OPEC+ declined calls for increasing oil production even more, and grew another 2.8 per cent. B...
US markets retreat as technology stocks dip
October 04, 2021 02:37 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...
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TSX falls with tech & healthcare down, loonie up 5 days in a row
October 04, 2021 01:30 AM EDT| By Team Kalkine MediaCanada’s TSX Composite Index was down 98.62 points or 0.49 per cent Monday, October 4. The energy sector continued its consistent gains and was up over two percent on the back of the oil crisis, but bar that, all sectors were in the red and pre...
US markets close higher as tech, energy stocks gain
October 01, 2021 02:02 PM PDT| By Sanjeeb BaruahBenchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....
TSX up after news of Merck’s Covid antiviral pill, loonie up
October 01, 2021 01:30 AM EDT| By Team Kalkine MediaNews of an effective oral antiviral pill for COVID-19 by Merck & Co. seems to have the market anticipating a possible faster recovery of the economy. The consumer cyclical, industrial and financial sectors gained momentum after the news. The ind...
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US stocks close in red on gloomy economic outlook
September 30, 2021 02:45 PM PDT| By Sanjeeb BaruahUS stocks closed the session in red on Thursday, September 30, as the Delta virus threat painted a gloomy picture for the economy, and investors stayed away from risky bets. The S&P 500 fell 1.19% to 4,307.54. The Dow Jones fell 1.59% to 33,843....
TSX dips to break 7-month gaining streak, Bombardier most traded
September 30, 2021 01:30 AM EDT| By Team Kalkine MediaThe TSX Composite Index ended September in the red, falling 87.89 points or nearly 0.44 per cent, thereby holding true the “September Effect” -- the traditionally weak performances by stock markets. It closed at 20,070.25. Once again the...
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US stocks wrap up day mixed as defensive sectors gain
September 29, 2021 02:11 PM PDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, September 29, after consumer staple and utility stocks posted strong gains amid fears of a slowdown in economic recovery. The S&P 500 was up 0.16% to 4,359.46. The Dow Jones rose 0.26% to 34,390.72...
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TSX fall restricted by gains in energy stocks, loonie down
September 29, 2021 01:30 AM EDT| By Team Kalkine MediaAs expected, the oil crisis continues to play a role in Canada's economy. Despite a good performance in the energy sector and decent performances in the financial and industrial sectors, the TSX Composite Index fell on Wednesday, September 29, mild t...
US indices close in red as tech, consumer stocks slump
September 28, 2021 02:42 PM PDT| By Sanjeeb BaruahBenchmark 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...
TSX falls amid tech stock selloff, loonie drops
September 28, 2021 01:30 AM EDT| By Team Kalkine MediaThe 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...
Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses
September 27, 2021 02:15 PM PDT| By Sanjeeb BaruahDow 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...
TSX back in green as energy grows over 3%, loonie up 6 days straight
September 27, 2021 01:30 AM EDT| By Team Kalkine MediaCanada’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...
US indices close week mixed, weighed down by tech stocks
September 24, 2021 02:44 PM PDT| By Sanjeeb BaruahBenchmark 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...
