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Market updates
US stocks close flat on oil slide, covid fears
August 09, 2021 02:42 PM PDT| By Sanjeeb BaruahBenchmark US indices closed flat on Monday, August 9, as global oil prices tumbled amid rising delta virus concerns, deterring investors from exploring opportunities in the stock market. The S&P 500 fell 0.09% to 4,432.35. The Dow Jones declined...
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TSX dips as oil prices fall, Endeavour & New Gold top losers
August 09, 2021 05:30 PM EDT| By Team Kalkine MediaCanada's main stock index ended lower on Monday, August 9, as oil prices declined in the wake of rising concerns over the Delta coronavirus strain. The energy sector fell 2.1% amid declining oil prices, while the base metal sector dropped 0.37%. How...
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TSX hits record high as unemployment dips in Canada, Loonie down
August 06, 2021 05:30 PM EDT| By Team Kalkine MediaCanada's main stock index closed at a record high on Friday, August 6, as the country reported a dip in its unemployment rate for the month of July 2021. The Canadian economy is said to have added around 94,000 new jobs in July amid part-time openin...
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S&P 500, Dow Jones rise after strong jobs report
August 06, 2021 02:06 PM PDT| By Sanjeeb BaruahThe S&P 500 Index and Dow Industrial Average ticked up after the Labor Department reported strong jobs growth in July, but NASDAQ Composite declined as technology heavyweights wavered. The S&P 500 was up 0.17% to 4,436.52. The Dow Jones gain...
US stocks slip on weak jobs data
August 04, 2021 03:04 PM PDT| By Sanjeeb BaruahThe blue-chip S&P 500 and Dow Jones Industrial Average declined from the previous close, and the tech-heavy NASDAQ Composite closed flat on Wednesday, August 4, after weak jobs data failed to enthuse the investors in a lacklustre session marked b...
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TSX loses ground on wavering crude prices
August 04, 2021 05:30 PM EDT| By Team Kalkine MediaThe lingering volatility in the crude prices impacted energy stocks, which in turn dragged the Toronto Stock Exchange in red territory on Wednesday. The broader composite index dropped by 36.12 points or 0.18% to close at 20,329.73. Energy sector fe...
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US markets edge higher on earnings optimism
August 03, 2021 02:46 PM PDT| By Sanjeeb BaruahBenchmark 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...
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TSX closes in green; Canfor & Crescent Point Energy top gainers
August 03, 2021 05:30 PM EDT| By Team Kalkine MediaThe 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...
US markets end flat; consumer, healthcare stocks gain
August 02, 2021 02:46 PM PDT| By Sanjeeb BaruahBenchmark 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...
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TSX tumbles amid weakening in multiple sectors, down 23.98 points at 20,287.80
July 30, 2021 05:30 PM EDT| By Team Kalkine MediaCanada’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...
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US stock indices slip into red amid mixed cues
July 30, 2021 02:17 PM PDT| By Sanjeeb BaruahBenchmark 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...
US stocks advance on GDP data, economy outlook
July 29, 2021 02:50 PM PDT| By Sanjeeb BaruahBenchmark 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...
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TSX rises on material & energy sector
July 29, 2021 05:30 PM EDT| By Team Kalkine MediaThe 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...
Nasdaq edges up on tech earnings boost
July 28, 2021 02:49 PM PDT| By Sanjeeb BaruahThe 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...
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TSX settles in green, Loonie rises
July 28, 2021 05:30 PM EDT| By Team Kalkine MediaLower 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...
US indices slip, weighed down by technology, consumer stocks
July 27, 2021 03:01 PM PDT| By Sanjeeb BaruahBenchmark 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...
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TSX inches up, Suncor & Bank of Montreal most actively traded
July 27, 2021 05:30 PM EDT| By Team Kalkine MediaCanada’s main index moved up on Tuesday, July 27, amid positive earnings reports from US tech giants like Apple Inc., Microsoft Corp. and Alphabet Inc. While the TSX technology sector gained 0.14%, the industrials index climbed by 0.7%. ...
Wall Street stocks end flat ahead of big tech earnings week
July 26, 2021 02:48 PM PDT| By Sanjeeb BaruahUS stocks closed flat on Monday, July 26, as investors seemed to have taken a break ahead of a busy earnings week with many big technology giants like Amazon, Google and Facebook are lining up for second-quarter reporting. The S&P 500 was up 0.2...
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TSX settles lower, Trillium, Aurinia & Shopify top losers
July 26, 2021 05:30 PM EDT| By Team Kalkine MediaThe broader Canadian stock market index settled in red on Monday, July 26, ahead of the deluge of earnings reports expected from major enterprises this week. The decline was mainly motored by the technology sector, which descended by around 1.29%, a...
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TSX closes higher, Royal Bank of Canada & Enbridge most actively traded
July 23, 2021 05:30 PM EDT| By Team Kalkine MediaCanada’s main stock market index closed higher on Friday, July 23, after noting small gains in multiple sectors through the trading session, led by industrials and technology. While the technology sector climbed by 1.53%, the industrial sector...
