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Wednesday saw a mixed bag of economic news that ultimately ended with a flat session. Earnings season continued to roll on. Pfizer beat handily and shares rallied 6.09%. However, Starbucks and CVS both disappointed and they tanked by -15.98% and […]
The major U.S. indices sank around 1.2% Tuesday amid a flurry of earnings. The tech-heavy Nasdaq surrendered the most, down 1.33%, as the U.S. 10-year yield climbed to 4.684%. Tesla closed -4.84% amid heavy trading, and gave back some of […]
After a week of acrobatics, markets in New York and Toronto began a new trading week with modest moves. The TSX surrendered 30 points in mixed trading, led by utilities and energy and weighed down by industrials and staples. Gold […]
On Friday, core PCE inflation in the U.S. (a key metric to the U.S. Fed) held at 2.8% over 12 months and rose 0.3% at March. The numbers settled the fears of Wall Street who were expecting higher inflation. At […]
As megatech earnings marched on, the latest U.S. GDP number came in weaker than expected while inflation was higher. Add to this a disappointing report from Meta (-10.57% for the session) and Wall Street saw a broad sell-off on Thursday, […]
Wednesday saw a mixed bag of economic news that ultimately ended with a flat session. Earnings season continued to roll on. Pfizer beat handily and shares rallied 6.09%. However, Starbucks and CVS both disappointed and they tanked by -15.98% and -16.84% respectively. Tech also had an up and down day