After the close with Allan
Markets rose and dipped modestly Thursday as shelling and negotiations continued on the second day of the Middle East ceasefire. By the close, the S&P advanced 0.62%, the Nasdaq 0.83%, the Dow 0.58% and the TSX slipped 0.45%. Tensions pushed […]
The US, Israel and Iran reached a two-week cease fire, which sparked a strong rally in Toronto and particularly New York. The S&P closed 2.51%, the Nasdaq 2.8%, the Dow 2.85% and the TSX 1.15%. Crucially, WTI slid nearly 15% to […]
New York and Toronto markets zigzagged on Tuesday as they struggled to find direction in the face of Trump’s threat to bomb civilian targets in Iran this evening. Investors weren’t sure if Trump would back down (the TACO trade) or […]
Markets climbed cautiously higher on Monday after Iran allowed some non-American and non-Israeli oil tankers to pass through the Strait of Hormuz over the longer Easter weekend. On Saturday, 10 vessels were allowed and 11 more more followed on Sunday […]
Stocks plunged in early Thursday trading in reaction to Trump’s contradictory, rambling speech the night before where he both promised a swift end to the war, yet planned to aggressively bomb Iran further while boasting that Americans were prepared for […]
Stocks in Toronto and New York saw some gains as oil fell, lifted by optimism over the US-Israel-Iran war. The S&P closed 0.73%, the Nasdaq 1.16%, the Dow 0.48% and the TSX 0.63%. WTI, in contrast, sank US$2.30 to US$99.10, though […]
Markets climbed to begin trading on Tuesday after Trump signalled he would end the war against Iran, but soared after the Iranian president, Masoud Pezeshkian, stated he may come to the negotiation table, though based on an unconfirmed report. The […]
After a strong open, Toronto and New York indices failed to maintain those gains and instead declined into the close on Monday. The S&P closed -0.39%, the Nasdaq -0.73%, the Dow gained 0.11% while the TSX was essentially flat, shedding […]
As the US-Israel-Iran war rages and little oil escapes the Strait of Hormuz, the price of black gold, WTI, spiked 5.75% to flirt with US$100. That and a surge by materials helped raise the TSX to nearly 32,000 in Friday after […]
Investor hopes for a speedy resolution in the US-Israel-Iran war faded Thursday as Iran continued to deny there are any ceasefire talks while Trump gave conflicting and confusing signals. There was selling across the board in New York: the S&P […]
Markets swung to optimism Wednesday that the US and Iran will end the current war, but Iran maintains that no diplomatic talks are happening. Despite that, the S&P climbed 0.54%, the Nasdaq 0.77%, the Dow 0.66% and the TSX 1.38%. As […]
Investors navigated conflicting and confusing signals from Tehran and particularly Washington as the Mideast war continued. On Tuesday, markets opened sharply lower, but the TSX closed 0.18% higher while the American indices remained in the red. Energy and materials led […]
Markets surged on Monday after Trump claimed that the U.S. and Iran were holding “constructive talks” surrounding the war. However, Iran denies any such talks and insists Trump is actually backing down from his threat of bombing that country’s infrastructure. […]
As the US, Israel and Iran dig in their heels in the ongoing war and oil can’t pass through the Strait of Hormuz, markets tumbled on Friday to cap a losing week. The S&P closed -1.51% on Friday, the Nasdaq […]
As the US, Israel and Iran continue to fight, the price of oil and gold fell Thursday, dragging down the Toronto and New York indices. The TSX sank nearly 500 points or 1.51%, the S&P closed -0.27%, the Nasdaq -0.28% […]
Markets began Wednesday heading downward and accelerated losses after the central banks in Canada and the U.S. announced they would hold their key lending rates. Their decisions were expected by the street, but stocks still faded into the close: the […]
The market extended Monday’s gain despite ongoing fighting in and around Iran and Trump teasing releasing some of America’s oil reserves. The indices opened sharply higher and faded throughout the day, but the S&P still gained 0.25%, the Nasdaq 0.45% and […]
The market is betting on a speedy resolution to the US-Israel-Iran war and the unblocking of the Strait of Hormuz which 20% of the world’s oil passes through. Trump is asking America’s allies to help reopen the strait, but virtually […]
The ongoing US-Israel-Iran war pushed markets down on Friday and for the week as oil tanker traffic remains halted through the Strait of Hormuz. For the session, the S&P closed -0.61%, the Dow -0.26%, the Nasdaq -0.93% and the TSX […]
Ongoing worries over the US-Israel-Iran war weighed on markets as the major indices slid on Thursday while oil spiked again. WTI jumped over 10% to US$96.20 as several countries untap their reserves and the Strait of Hormuz remains frozen during warfare. The S&P […]
As more oil tankers are attacked in the Strait of Hormuz during the US-Israel-Iran war, markets struggled to make gains on Wednesday. The S&P finished -0.08%, the Nasdaq up by that much, the Dow -0.61% and the TSX -0.46% or […]
As the US-Israel-Iran war continues and no oil passes through the Strait of Hormuz, markets went sideways on Tuesday and the price of oil plunged from Monday’s spike. WTI fell nearly 9% to US$88.35, while the Nasdaq was flat, the […]
The ongoing war plunged Asian markets and North American futures deep into the red Sunday overnight, leaving New York and Toronto to open on Monday down 2%, but finishing the session in the green. The S&P gained 0.81%, the Dow 0.61%, […]
The ongoing US-Israel invasion of Iran, plus a weak U.S. jobs report pressured markets on Friday and finished in the red for the week. Jobless numbers were far lower than expected. The S&P closed the session -1.33%, the Nasdaq -1.59% […]
The Mideast war continued to hang over the market on Thursday. The TSX sank another 0.98%, the S&P fell 0.56%, the Nasdaq down 0.26% and the Dow tumbled 1.61%. Silver dipped 1.8% to US$81.95, gold lost US$64 to US$5,075 while […]
