A positive employment number from the U.S. government helped lift markets on both sides of the border to fresh record highs. Wall Street closed early ahead of the July 4 holiday with the S&P adding 51 points and the Nasdaq […]
A positive employment number from the U.S. government helped lift markets on both sides of the border to fresh record highs. Wall Street closed early ahead of the July 4 holiday with the S&P adding 51 points and the Nasdaq […]
The U.S. struck a trade deal with Vietnam on Wednesday, which injected hope into markets and lifted them to new highs. The S&P added 29 points to 6,227 and the Nasdaq rose 190 points or 0.94% to 20,393, both record […]
Q3 began with a flat session in New York after the Dow rose 0.91%, but the S&P slipped 0.11% and the Nasdaq shed 0.82%. The U.S. 10-year yield stayed around 4.249% while Bitcoin hovered around US$106,200 and WTI remained at […]
It’s been a turbulent first half to 2025, but it ended with record highs from the S&P, Nasdaq and especially the TSX. On Monday, the Canadian index rose 146 points to a new high of 26,838 as every sector but […]
The week ended with the S&P and Nasdaq climbing to new highs, despite Trump halting trade talks with Canada. The two indices rallied 0.52% on Friday with the S&P gaining about 3.5% for the week and the Nasdaq 4.25% The […]
Reports of Trump openly considering successors to U.S. Fed Chair Jerome Powell helped lift markets in both New York and Toronto on Thursday. The S&P rose 0.8% while the Nasdaq and Dow nearly gained 1%. The S&P and Nasdaq are […]
Wall and Bay streets snapped their winning streak on Wednesday though Nvidia surged 4.33% after an upgrade and reached a new high of $154.31. The S&P was flat, the Nasdaq gained 0.31% while the Dow sank 0.25%. The fragile Israel-Iran […]
A fragile truce between Israel and Iran sparked a sharp rally on Tuesday. The TSX made new highs after climbing 0.51% to 26,744 while the three American indices approached their own highs. In Toronto, nine sectors rose, led by tech […]
Markets were on edge after the U.S. attacked a nuclear target in Iran over the weekend. However, on Monday those jitters faded and stocks rose after a retaliatory attack on a U.S. air base in Qatar caused minimal damage. The […]
The weak ended with markets fading into the close as investors fret over the Israel-Iran war and what Trump will decide as well as what direction the key U.S. lending rate will take following the Fed’s decision to hold earlier […]
As markets await the next move in the Israeli-Iran was, particularly what Trump will do, WTI crude climbed nearly 1% Thursday to US$75.80 a barrel. Energy was the strongest sector while healthcare and materials were the weakest in mixed trading. […]
The U.S. Fed didn’t change the key lending rate and markets reacted with a neutral session across the board. The S&P and Dow were essentially flat on Wednesday while the Nasdaq climbed 25 points. The TSX added 18 points. The […]
As Israel and Iran traded fire, Trump threatened to deploy American force which worried markets on Tuesday. The S&P closed -0.84%, the Nasdaq -0.91% and the Dow -0.7%. Key names included Tesla at -3.88%, Palantir -2.27% and AES -8.12%. The […]
Over the weekend, futures slid after Iran and Israeli exchanged attacks, but on Monday markets shrugged off this conflict and rose. The S&P gained 0.94%, the Nasdaq 1.52% and the Dow 0.75%, though Bitcoin spiked 3.7% to US$108,650. Major movers […]
A surprise attack by Israel on Iranian nuclear targets spiked the price of oil, but pushed markets down on Friday. WTI soared 8% by the close, lifting a barrel of crude to US$73.80, while International Petroleum soared 9.04%, Athabasca Oil […]
WTI crude jumped 4.6% as tensions in the Middle East rose Wednesday after reports that the U.S. will evacuate its Iraqi embassy in Iraq, given heightened security concerns. WTI nearly touched US$68 a barrel and was instrumental in lifting the […]
As China and the U.S. entered the second day of trade talks in London, markets edged higher in hopes of a resolution. The S&P rose 0.55%, the Nasdaq 0.63% and the Dow 0.25%, all reaching towards their all-time highs. Intel […]
The week began in a holding pattern in stock markets as trade negotiations are underway in London between the U.S. and China. The S&P and Dow were flat while the Nasdaq climbed 0.31%. The U.S. 10-year slipped modestly to 4.476%. […]
The week ended with the TSX surpassing a high made only three days earlier. The Canadian index rose 0.3% Friday to 26,429, led by tech and energy. Materials was the weakest sector. Key movers were Algoma Steel surging 10.76%, Shopify […]
A strong performance in several mineral stocks lifted the TSX by 13 points on Thursday to approach record highs. Energy was actually the strongest sector while healthcare and tech were the weakest. Major movers on Bay Street were First Majestic […]
Wednesday saw Trump resume his on-again, off-again tariff war as he doubled steel and aluminum tariffs to 50%. Prime Minister Mark Carney hinted at retaliation. Meanwhile, mixed signals in the wider economy led the Bank of Canada today to hold […]
Wall Street looked past the recent OECD downgrade of U.S. growth to pin its hopes on the U.S. and China talking trade this week. The sentiment lifted the S&P by 0.58%, the Nasdaq by 0.81% and the Dow by 0.51%. […]
The week began with oil prices surging nearly 4%, due to tensions between Russia and Ukraine and expected higher demand. These tailwinds offset OPEC’s plan to increase oil supply. WTI jumped to US$63.10 a barrel and, along with minerals, lifted […]
A sudden break in trade talks between the U.S. and China chilled markets Friday. This comes on the heels of a high U.S. court ruling that most of Trump’s tariffs are illegal in the first place which Trump resisted and […]
Wednesday night, a U.S. court struck down nearly all of Trump’s tariffs, stating that he never had the authority to impose them in the first place. Futures jumped 2% immediately, but by Thursday’s close the U.S. indices barely gained ground. […]