Stocks inched modesty higher to begin the week: the S&P 0.14%, the Nasdaq 0.27% and the Dow 0.2%. Fears of the tariff war resuming lingered with the latest salvo from Trump being a 100% levy on Russian goods if Vladimir […]
Stocks inched modesty higher to begin the week: the S&P 0.14%, the Nasdaq 0.27% and the Dow 0.2%. Fears of the tariff war resuming lingered with the latest salvo from Trump being a 100% levy on Russian goods if Vladimir […]
True, the S&P and Nasdaq hit new record closes this week, but the former sank 0.31% for the week and lost about that much on Friday, while the latter shed a handful of points over the week and slipped 0.22% […]
The S&P and Nasdaq inched higher to record closes, despite growing talk of complacency in the market over Trump’s ever-changing tariff decisions (Brazil being the latest target). The S&P added 0.27% and the Nadaq 19 points to 30,630 while the […]
Wednesday saw more TACO headlines from Trump as he slapped tariffs on copper entering the U.S. and on everything from Brazil. Despite that, the S&P rose 0.61%, the Nasdaq 0.94% to a new high and the Dow 0.49%. The U.S. […]
The uncertainty caused by TACO (Trump’s ever-changing tariff policies) kept markets gridlocked on Tuesday as the S&P and Nasdaq were basically flat and the Dow sank 0.38%. Even the U.S. 10-year yield held around 4.4%, though Bitcoin gained 0.8% to […]
The week began with Trump pushing his July 9 tariff deadline to August 1, but also threatening Japan and South Korea with new ones. Though markets are growing so desensitized to Trump’s erratic trade policy that Wall Street has christened […]
The TSX added only 14 points on Friday, but it was enough to lift the Canadian index to a new high of 27,048. Only four sectors lagged, led by tech and only slightly so. REITs did the heaviest lifting. Among […]
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%. […]