The TSX tumbled over 1100 points or 3.49% on Friday after gold and silver crashed. The catalyst came from Trump who announced his choice to be the next U.S. Fed chair, Kevin Warsh, a hawk who wants to cut interest […]
The TSX tumbled over 1100 points or 3.49% on Friday after gold and silver crashed. The catalyst came from Trump who announced his choice to be the next U.S. Fed chair, Kevin Warsh, a hawk who wants to cut interest […]
After yesterday’s highs, Thursday’s market was decidedly more volatile with the major indices swinging before settling in the red. The exception was the Dow, though it gained only 0.11%. The S&P closed -0.13%, the Nasdaq -0.72% and the TSX -0.54% […]
The Bank of Canada held its key lending rate at 2.25% on Wednesday, though didn’t forecast its next move either way. The TSX gained 0.22% or 72 points on the strength of materials and energy, while healthcare and discretionary led eight […]
As the U.S. dollar continues to slump, investors are driving up the prices of gold and silver to record highs. Gold rallied US$167 to US$5,176 while silver soared over 8% to US$112.20. Meanwhile, the S&P rose 0.41% to close at […]
Investors continue to flock to gold as a safe harbour in these uncertain geopolitical times and pushed the mineral past US$5,000 an ounce on Monday. Gold gained US$35 to a new high of US$5,022, helping to lift the Wall Street […]
The week ended on a record note with the TSX gaining 0.42% or 138 points on Friday to 33,141 and rose 0.32% for the week. Once again, precious minerals were the key driver as silver soared 6.55% to a record […]
Thursday markets extended the previous day’s gains which had sunk on Trump’s threats to take Greenland by force. The major indices in Toronto and New York flirted with all-time highs, with the TSX making an intra-day all-time high. By the close, […]
The American indices rebounded well over 1% on Wednesday after Trump announced he would not take over Greenland militarily but rather had entered a “framework” with the EU concerning the territory. The Dow regained the most, up 1.21%. Major movers […]
U.S. markets reopened after Monday’s holiday and sharply sold off. No surprise since European markets slid on Monday in reaction to Trump threatening several EU countries and the U.K. with tariffs for defending Greenland that Trump wants to take over. […]
The TSX climbed 90 points to a record close of 33,090 after gold and silver surged to new heights. Investors were seeking safety in the precious metals after Trump threatened eight European nations, including Germany, France and the U.K. with tariffs […]
Friday markets gained or lost modestly, but the TSX posted another record close and finished the week 1.3% higher. The TSX edged up 11 points to 33,040, but outpaced Wall Street’s main indices which saw modest losses for the day. […]
A cooling of tensions between the U.S. and Iran lifted the markets in New York and especially Toronto where the TSX gained 0.34% or 112 points to make a new closing high of 33,028. The S&P rose 0.26%, the Dow 0.6% […]
Commodities drove markets on Wednesday, driven by fears of an oil shock from tensions in oil nations, Venezuela and Iran.WTI rallied for much of the day on fears of the U.S. striking Iran in response to the Iranian government’s bloody crackdown on […]
Stocks slipped from all-time highs on Tuesday while silver continued to climb to new levels. The S&P closed -0.19%, the Nasdaq -0.1%, the Dow -0.8% and the TSX -0.03%. Silver jumped 2% higher to US$86.80 though gold gave back US$13 […]
The trading week began with the U.S. Department of Justice threatening to indict U.S. Fed Chair Jerome Powell. Many on Wall Street perceive this as Trump escalating his threats against Powell for not cutting interest rates fast enough, though Trump […]
Friday’s unemployment numbers helped lift Toronto and New York markets to record closes to cap a winning first week of trading in 2026. The U.S. added 50,000 jobs last month to decrease the unemployment rate to 4.4%, but that number […]
The TSX rebounded 0.71% or 228 points to nearly match the record close it made mere days ago. While utilities were flat, all other sectors gained, led by energy, industrials and staples. Main movers were Cargojet up 7.49%, CNQ 3.14%, […]
After days of record closes, markets on Wednesday sold off: the TSX -0.85%, the S&P -0.34%, and the Dow -0.94% though the Nasdaq gained 0.16%. The run in precious metals reversed as silver slid US$3 to US$78.15 and gold fell $40 to […]
The new year rally extended to Tuesday as precious metals and computer memory stocks powered the Toronto and New York markets to record highs. The TSX rallied 0.58% or 188 points to a record close of 32,407, while the S&P […]
Monday markets in North America surged after Trump ordered the invasion of Venezuela and capture of Nicolas Maduro over the weekend. Though of dubious legality, Maduro’s capture signalled to markets that the U.S. oil industry would thrive, while some fretted over Canadian energy. […]
After a post-Christmas slump, markets in Toronto and New York began 2026 up: the TSX 0.54% or 170 points. the S&P 0.19%, the Dow 0.66% and the Nasdaq essentially flat, down 6 points. On Bay Street, nine sectors were positive, led […]
Wednesday marked the end of 2025, one of the best years for market returns, as well as the retirement of the greatest investor of all time, Warren Buffet. The last trading session of 2025 saw a modest sell-off in Toronto […]
There’s still no sign of a Santa Claus rally as markets continued to fade on Tuesday. On the last full trading day of the year, the S&P closed -0.14%, the Nasdaq -0.24% and the Dow -0.2%. The TSX almost finished […]
Santa Claus was nowhere in sight on Bay or Wall streets Monday as the indices declined and minerals slid. The S&P closed -0.35%, the Nasdaq -0.5% or 118 points, the Dow -0.51% and the TSX -0.32% or over 100 points. […]
Silver continued its record run on Friday by topping US$79. Otherwise, it was a predictably quiet day on the post-Christmas markets with the three major indices and the TSX losing only a handful of points on very light trading. In […]
