After the close with Allan
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 […]
After yesterday’s sharp sell-off, Toronto and New York posted moderate gains as the VIX settled down. The TSX advanced 0.47%, the S&P 0.75%, the Nasdaq 1.29% and the Dow 0.49%. As PDAC winds down today, silver increased 1.55% to US$83.20 […]
Stocks nearly across the board sank on Tuesday over fears of a protracted war in Iran. The VIX jumped over 30% in early trading before calming and markets in Toronto and New York closed well off session lows. However, by […]
WTI soared 6.7% to US$71.50 after the U.S. and Israel attacked Iran killed tis supreme leader. The war has disrupted the flow of oil in the crucial Strait of Hormuz for an indefinite period. Futures heading into Monday’s session were […]
February ended on a downbeat note, particularly on Wall Street while the TSX outperformed. On Friday, hotter than expected U.S. inflation numbers from January worried investors; the producer’s index rose 0.5% compared to the expected 0.3%, but core PPI came […]
The most anticipated earnings dropped late Wednesday and beat on virtually metric, but Nvidia still sank 5.46% in Thursday trading. In turn, the Nasdaq closed -1.18%, the S&P -0.54% and the Dow gained only 17 points. In contrast, the TSX […]
The TSX made a record close on Wednesday after surging 0.45% or 145 points to 34,124. A rebound in tech, specifically those punished by the AI takeover scare, and Canadian bank earnings powered the TSX higher. Only four sectors lagged, led […]
Fears that AI will takeover the software industry banished Tuesday after Thomson Reuters announced that is developing its on AI model and stressed its proprietary legal data and expert content as a moat. TRI soared 11.38% and helped lift the […]
Investors were climbing a wall of worry on Monday, starting with the confusion wrought by Trump imposing 15% tariffs across the globe, though limited to 150 days, in reaction to the U.S. Supreme Court striking down his previous tariffs. Meanwhile, […]
On Friday, the U.S. Supreme Court struck down Trump’s tariffs and ordered tariffs that were collected to be repaid to companies. Trump responded by slapping 10% tariffs worldwide, but the street isn’t sure this order will pass. Meanwhile, safe haven […]
