Two days after the U.S. Fed announced only two interest cuts for 2025 and triggered a sharp sell-off, markets on Friday rallied which reduced losses for the week. The three major U.S. indices all rose over 1% during the session, […]

A day after sliding nearly 3% across the board after the U.S. Fed’s hawkish projection for 2025, Bay and Wall streets stabilized. The S&P and Nasdaq were essentially flat on Thursday, while the Dow gained 0.27% and the TSX shed […]

Wednesday stocks were in a holding pattern until U.S. Fed chief, Jerome Powell, announced mid-afternoon an expected 25-basis point cut to the key interest rate. However, his announcements during the press conference triggered a steep sell-off in both New York […]

Markets in New York and Toronto continued to weaken on Tuesday. The TSX closed 0.54% lower as only two sectors managed gains for the session, particularly health care. Telcos and staples led the remaining sectors down. Making outsized moves were […]

The trading week began with tech driving the Nasdaq to new highs, up 1.24% to nearly 20,200. The S&P advanced 0.38% and the Dow -0.25%. Among the Wall Street influencers were Broadcom, popping 11.21%, Tesla 6.14% and Micron 5.62% However, […]