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The week ended with Trump threatening the E.U. with 50% tariffs and Apple with 25% for not building its iPhones in the U.S. Though closing higher than the weakest parts of the session, the S&P still ended Friday -0.67%, the […]

Lingering worries over America’s soaring debt kept the Dow and S&P flat on Thursday as the Nasdaq inched up 0.28%. The U.S. 10-year yield hovered around 4.539%. Key stock names were Seagate, popping 4.24%, Tesla 1.92%, Enphase Energy -19.63% and […]

Wall Street sold off as investors worried about ever-rising U.S. debt levels. Treasury yields climbed, with the 10-year reaching 4.593%. The S&P closed -1.61%, the Nasdaq -1.41% and the Dow -1.91% or over 800 points. Key names included Tesla at […]

Canadian stocks returned to business after Victoria Day to post a new high. Minerals largely pushed the TSX 0.32% higher to 26,055. Staples also helped while tech lagged the most. Major movers were New Gold, jumping 8.56%, B2Gold 8.5%, Equinox […]

With Canadian markets closed for Victoria Day, American stocks initially sold off on Monday after Moody’s downgraded the U.S.’s credit rating. Also, the White House stated that its original tariffs could return after the 90-day pause. However, the main indices […]

It was a winning week for Canadian stocks as the TSX made another new closing high Friday, up 0.29% to 25,972, and rallied 5.25% for the week. All but materials gained on Friday as discretionary, real estate and especially health […]

Optimism fueled the TSX as it made a new record close on Thursday of 25,897 after rallying 0.8% or 205 points. Every sector gained, except energy. The strongest areas were staples, industrials and healthcare. Major movers were MDA Space soaring […]

Wednesday’s markets saw further gains, led by tech, but trading was more mixed than the day before. The TSX rose 0.3% only on the strength of industrials and tech while materials and healthcare led eight sectors downwards. Move active were […]

Markets in Toronto and New York modestly extended Monday’s gains, with tech once more leading the way. A catalyst was U.S. consumer inflation coming in slightly lighter than expected, up 0.2% in April to reduce the annual increase from 2.4% […]

The trading week began with the U.S. and China announcing both sides would slash tariffs for 90 days as they negotiate an end to the trade war. Markets rocketed on the news, led by tech. On Monday, the Nasdaq soared […]

As the trade war begins to thaw amid early trade talks, Canadian markets outperformed their American peers on Friday and during the week. The TSX rose 0.36% on Friday on the strength of outsized gains in materials, telcos and energy […]

Markets in New York and Toronto rallied Thursday on word from Washington that a trade deal between the U.S. and U.K. was in the works. Investors hoped that this marked a turning point in the global trade war that Trump […]

To little surprise, U.S. Fed Chair Jerome Powell maintained the key lending rate amid Trump’s ongoing tariff war and the uncertainty it has created. Markets in New York and Toronto did climb after the mid-afternoon announcement to end a choppy […]

As Prime Minister Carney met Trump in Washington to discuss tariffs, Canadian stocks held their ground, adding 25 points. Sectors were mixed with outperformance in materials and energy balancing losses in healthcare and tech. Among the influential names were Enbridge […]

Despite (or because of) assurances from the White House that Washington is “very close” to some trade deals with nations it is hitting with tariffs, Monday markets lost ground. The S&P closed -0.64%, the Nasdaq -0.74% and the Dow -0.24%. […]

Stocks in New York and Toronto ended the week with solid gains after a positive U.S. jobs report Friday and signs of a thaw in Trump’s tariff war. The S&P rose 1.47% during the session, the Nasdaq 1.51% and the […]

It’s megatech earnings week and Microsoft reported a blow-out quarter on the strength of its cloud business. This lifted tech stocks and Wall Street overall on Thursday with the S&P climbing 0.63%, the Nasdaq 1.52% and the Dow 0.21%. Microsoft […]

Negative GDP on both sides of the border pressured markets on Wednesday, though a late rally limited the damage. U.S. GDP shrank by 0.3% in Q1, the first contraction in three years, which mostly happened under Trump’s first 100 days. […]

Canadian stocks modestly rose after the Liberals won the federal election, securing at least a minority government. The TSX more or less baked in the outcome based on weeks of polling leading up to Monday’s vote. The TSX advanced 0.31% […]

The TSX cautiously added 0.36% on Monday as Canadians headed to the election booths to choose their Prime Minister. Eight sectors, led by telcos, staples and energy, rose, while healthcare lagged the most. Key names included Denison Mines up 4.64%, […]

Tech gained on Friday, but markets remained cautious in light of Trump’s ongoing tariffs. The TSX closed Friday -0.23%, though gained 2.15% for the week. Sectors were mixed with utilities and real estate slightly up, but industrials and materials down. […]

Markets surged on Thursday as Trump signaled that his administration was talking to Chinese officials to ease the tariff war, though Beijing denied any such dialogue. Nevertheless, this news and recent utterances by Trump that he would reduce tariffs against […]

Markets extended Tuesday’s gains as Trump indicated that he won’t replace U.S. Fed Chair, Jerome Powell, despite recent threats, and stated that he will reduce the 145% tariff on China, though did not elaborate. Wednesday markets jumped on this sentiment, […]

Tuesday markets regained some ground recently lost as the S&P rose 2.51%, the Nasdaq 2.71% and the Dow 2.66%. Major movers included Equifax leaping 13.84%, Nvidia 2.04%, Tesla 4.6%, Apple 3.41% and Northrop Grunman sliding 12.66%. The U.S. 10-year yield […]