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The week began with WTI closing in on $83 a barrel after rising 2.3%. Energy and real estate’s gains almost offset staples, materials and other laggards on By Street. The shed 12 points on Monday in mixed trading. Notable names […]
The week ended on a modestly upbeat note on Bay Street after the TSX climbed 27 points on Friday and 0.5% for the week to remain within striking distance of all-time highs. On Friday, materials and utilities led most sectors […]
U.S. headline PCE came in at 0.6%, much higher than the expected 0.3%. Markets initially shrugged off the data, but slid for the rest of the day. The S&P closed -0.33%, the Nasdaq -0.39% and the Dow -0.44% to settle […]
Wednesday saw the TSX rise 0.64% to approach 22,200 and flirt with all-time highs. All but three sectors were positive on Bay Street, particularly materials as well as energy, while telcos lagged the most. Outsized moves came from First Quantum […]
Investors shrugged off higher than expected U.S. inflation February to spark a Tuesday rally. CPI rose 0.4% between January and February. The S&P rose 1.12% to a new record high of 5.175, the Nasdaq surged 1.54%, and the Dow climbed […]
The week began with WTI closing in on $83 a barrel after rising 2.3%. Energy and real estate's gains almost offset staples, materials and other laggards on By Street. The shed 12 points on Monday in mixed trading. Notable names included Vermilion Energy up 5.04%, BlackBerry -6.79%, Alimentation Couche-Tard -3.42%,