After the close with Allan
The S&P/TSX composite saw a -0.22% change for today’s session, the Nasdaq composite was +0.21% and the Dow -0.21%. Some trending stocks for the day include Falco Resources +53.33%, Copper Fox Metals +47.62%, good natured Products +40%; down Orex Minerals -20%, […]
The S&P/TSX composite saw a -0.30% change for today’s session, the Nasdaq composite was -0.03% and the Dow up +0.32%. Some trending stocks for the day include Sun Life Financial (SFL-T) -6.70%, Algonquin Power & Utilities corp (AQN-T) -2.81% and […]
The S&P/TSX composite saw a +0.52% change for today’s session, the Nasdaq composite was +0.27% and the Dow up +0.85%. Some trending stocks for the day include Roblox Corporation (RBLX-N) down -22.06%, Telus International Inc. (TIXT-T) down -18.69% and Telus […]
The S&P/TSX composite saw a -0.14% change for today’s session, the Nasdaq down 0.18% and the Dow up 0.44%. Shopify (SHOP-T) stocks tumbled -19% following slowing Q2 sales growth. Other trending stocks include Uber (UBER-N) shedding -5.72%, and Lightspeed (LSPD-T) […]
A weaker-than-expected April jobs report triggered a Friday rally and lifted U.S. indices into the positive for the week. The S&P rose 1.26% for the session, the Nasdaq about 2% and the Dow 1.18%. For the week, the Nasdaq advanced […]
Markets, particularly in New York, enjoyed a convincing rally after days of sideways or weak trading. The S&P rose 0.79%, the Nasdaq 1.4% and the Dow 0.69%. Among the major movers were Apple, which rallied 2.27% heading into earnings after […]
Wednesday saw a mixed bag of economic news that ultimately ended with a flat session. Earnings season continued to roll on. Pfizer beat handily and shares rallied 6.09%. However, Starbucks and CVS both disappointed and they tanked by -15.98% and […]
The major U.S. indices sank around 1.2% Tuesday amid a flurry of earnings. The tech-heavy Nasdaq surrendered the most, down 1.33%, as the U.S. 10-year yield climbed to 4.684%. Tesla closed -4.84% amid heavy trading, and gave back some of […]
After a week of acrobatics, markets in New York and Toronto began a new trading week with modest moves. The TSX surrendered 30 points in mixed trading, led by utilities and energy and weighed down by industrials and staples. Gold […]
On Friday, core PCE inflation in the U.S. (a key metric to the U.S. Fed) held at 2.8% over 12 months and rose 0.3% at March. The numbers settled the fears of Wall Street who were expecting higher inflation. At […]
As megatech earnings marched on, the latest U.S. GDP number came in weaker than expected while inflation was higher. Add to this a disappointing report from Meta (-10.57% for the session) and Wall Street saw a broad sell-off on Thursday, […]
Wednesday saw major earnings on Wall Street with dramatically different results. Tesla reported a miss late Tuesday but soared 12.06% Wednesday on news of a cheaper EV coming. Also rocketing was Hasbro by 11.18%, but Meta was less lucky after […]
Markets continued to rally into Tuesday. The S&P rose 1.2%, the Nasdaq 1.59% or 245 points, and the Dow added 0.69%. Tech rebounded strongly as AMD jumped 2.28%, Nvidia 3.49% and Tesla 1.94% then jumped another 6% after hours when […]
It’s a major week for markets with many of the Magnificent 7 megatech stocks reporting. Wall Street was in an optimistic mood , lifting the S&P past 5,000 after climbing 0.87%, the Nasdaq by 1.1% and the Dow by 0.67%. […]
The trading week ended with the TSX advancing 0.46% to 21,807, but still retreating 0.4% over the week. Almost every sector rallied, led by staples, financials and utilities as technology lagged and health care was flat. Major movers were Osisko […]
Markets lacked a definitive direction in Toronto and New York as the TSX and S&P were flat for the session. Meanwhile, the Dow advanced 0.26% and the Nasdaq declined 0.29%. In Toronto, most sectors lagged, particularly staples and energy, but […]
The TSX advanced 13 points on Wednesday in mixed trading. Staples and materials led while industrials and real estate lagged. Key movers were Goeasy rallying 6.27%, Air Canada 6.27%, Birchcliffe Energy 4.51% while Baytex Energy finished -1.39% and TFI International […]
Tuesday’s session saw mild losses on Bay and Wall streets, though gold cracked a new high of US$2,400 and the U.S. 10-year yield climbed further, to 4.669%. The TSX closed -0.45% after only three sectors gained, including tech and energy. […]
Though futures pointed up Monday morning, markets sank across the board into the close due to geopolitical tensions between Israel and Iran as well as strong U.S. data that highlighted a robust consumer. As the world watches to see if […]
Markets on Bay and Wall streets ended the trading week on a dour note as the TSX sank 1.65%. For Friday, the TSX slipped almost 1% as all sectors declined, led by staples, materials and utilities. TD was the msot-traded […]
A day after hotter-than-expected consumer inflation data sank markets, cooler-than-expected producer’s inflation figures raised U.S. markets. The S&P recovered 0.84%, the Nasdaq surged 1.72% and the Dow was relatively flat by adding 47 points. Tech led gains as Apple popped […]
Wednesday’s markets sold-off after the latest U.S. consumer inflation numbers came in higher than expected. While part of the market had been expecting this result, American stocks sank across the board, with the three major indices shedding 1%, especially the […]
It was a tale of two stock exchanges Tuesday as the TSX edged up 0.5% to a new high of 22,361 led by a surge in materials. Real estate and and nearly every sector also rallied as healthcare showed moderate […]
The week began with equities markets flat, with the Nasdaq up a few points and the TSX, S&P and Dow down a few points. Sectors on Bay Street were mixed with utilities and industrials up and discretionary and materials down. […]
Friday saw the release of the latest employment numbersate. The U.S. added more jobs than expected in March, while Canada’s unemployment rose to 6.1%. Despite the differing data, both markets rallied to end a rocky week. The TSX climbed 0.87% […]
