{{ option['Signal.name'] }}
More results for {{ searchTerm }}
After the close with Allan
The trading week began on a quiet note with the TSX shedding 24 points and the American indices modestly gaining ahead of the U.S. Fed meeting starting tomorrow. Sectors were mixed on Bay Street with financials and industrials leading gains, […]
Friday saw the release of the latest U.S. jobs numbers. The Goldilocks report stated that job hiring moderated, annual wage growth fell below 4%, employment gains topped Wall Street’s estimate, while unemployment fell from 3.7% to 3.9% (the street expected […]
Thursday saw Alphabet unveil its long-awaited AI model, Gemini, which sent shares (of both classes) surging well over 5%. It also pushed the Nasdaq 1.37% higher, while the S&P added 0.8% and the Dow 0.18%. The AI momentum lifted Meta […]
As expected Wednesday, the Bank of Canada held the key interest rate at 5.0% for the third straight meeting. Beaten-down bond proxies, including real estate stocks and utilities popped, such as Boralex by 3.04%, but the TSX itself closed -0.5%. […]
Tuesday looked a lot like Monday as stocks were mixed, yields weakened and cryptos continued to rally. The TSX closed -0.17% as sectors were mixed. Staples and tech enjoyed strong gains which nearly match losses in materials and energy. Among […]
Stocks lost momentum on Monday, led by tech, giving back some ground after reaching recent highs, particular on Wall Street. On Monday, the S&P closed -0.54% higher, the Nasdaq -0.84% and the Dow -0.11%. Though the U.S. 10-year yield held […]
December began on a positive note with markets in Toronto and New York rallying into the close. The TSX rose 1% on Friday and 1.8% for the week as all sectors went green. Real estate, industrials and utilities led gains. […]
November ended on a generally positive note as most of the major indices gained for the day and all for the month. Thursday’s session began with a flurry of headlines. In Canada, GDP unexpectedly shrunk 1.1% in Q3, while two […]
As the investing world mourned the loss of investing legend, Charlie Munger, stocks on Wall Street ticked down modestly even as the U.S. 10-year yield declined to 4.263% after U.S. GDP in Q3 was revised up from 4.9% to 5.2%. […]
Tuesday began with the Bank of Scotia kicking off earnings season for Canadian banks. BNS‘ quarter disappointed as loan-loss provisions were heavier than expected, and its shares tumbled 4.45%. Financials and staples were the worst performers in Toronto, but gains […]
As shoppers hunted for bargains online and in stores, markets returned to business, though trading was quiet. The TSX shed 0.3% though remained above 20,000 while the Nasdaq and S&P both closed a handful of points down and the Dow […]
Unsurprisingly, markets were quiet in Toronto and New York on Black Friday. The NYSE closed at 1:00 pm after the S&P added all of two points, the Nasdaq shed 0.11% and the Dow climbed, 0.33%. There were no outsized names […]
With Wall Street closed for American Thanksgiving, it was business as usual on Bay Street, albeit with volumes at 20% of normal. The TSX added a handful of points and was flat for Thursday. Sectors were mixed as consumer staples […]
Wednesday saw two different markets. The TSX was flat, adding barely four points in the session though most sectors were up, especially consumer staples. Holding back the Canadian index was energy after OPEC+ announced it was postponing Sunday’s meeting until […]
Despite Canadian inflation declining in the latest figures released on Tuesday, the TSX shed 0.62% which was in line with the American indices. The recent rally paused, with the S&P closing -0.2%, the Nasdaq -0.59%, and the Dow -0.18%. In […]
Microsoft dominated Monday’s headlines by hiring the CEO of OpenAI after its board fired him. OpenAI are the creators of the game-changing ChatGPT, and most workers at OpenAI are threatening to jump ship to join Microsoft. The drama pushed MSFT […]
American markets closed Friday flat with the Nasdaq up 0.08%, but the Dow down 0.08% while the S&P added 0.13%. However, over the week, all the indices rallied over 2%, especially the Nasdaq which was up 2.37%. The catalyst was […]
After two days of convincing gains, driven by tame U.S. inflation data, markets in Toronto and New York lacked direction on Thursday, climbing or falling only marginally. The TSX was flat as its sectors were mixed. Gains in staples and […]
Wednesday saw the second-straight day of tame inflation data coming out of the U.S., this time being producers’ inflation, which prolonged Tuesday’s strong rally. Gains were less pronounced, but still convincing as the S&P advanced 0.26% to surpass 4,500, the […]
October’s U.S. CPI print came in at 3.2%, slightly lower than the expected 3.3%, but it was enough to trigger a broad-based rally in New York and Toronto. The S&P surged 1.91% to nearly 4,500, the Nasdaq jumped 2.37% to […]
Markets crept up Monday after a sluggish start to the trading week, then closed mixed. The TSX rose 0.28% with more sectors down than up. Up were tech and energy, while real estate and utilities were down. Key names were […]
Markets rallied to end the week on a positive note on Wall Street, but fell short on Bay. On Friday, the S&P closed 1.56%, led by tech, communications and disrcetionary, while the Nasdaq rallied 2.05% and the Dow 1.15% to […]
The U.S. 10-year yield ticked down to 4.495%, but stocks were mixed in New York while Toronto continued to fade. The S&P closed on Wednesday flat, up four points, as was the Nasdaq, adding only 10. Meanwhile, the Dow finished […]
Tuesday saw Canadian and American markets diverge with the TSX shedding 0.85% as all sectors declined, except tech and consumer discretionary. Energy suffered the heaviest losses, followed by materials, utilities and every other sector. Crescent Point Energy finished -9.87%, Baytex […]
Soft jobs numbers in both Canada and the U.S. fueled Friday’s rally which lifted markets to its strongest week so far in 2023. The TSX rose 5.5% for the week and 1.11% for the session, though remained below 20,000. Nearly […]
360°
Spreadsheet
