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After the close with Allan
All indices except the Dow, which slipped 1%, ended Friday flat. This included the TSX which closed on strength with only four sectors in the red. Discretionary and industrials led the gainers while materials lagged the most. For May, the […]
Earnings moved Bay and Wall streets in different directions Thursday. The Canadian banks continued to report with Royal and CIBC announcing beats, which lifted their shares by 5.19% and 7.01% respectively. Similarly, EQB jumped 13.52%. Aside from financials, utilities also […]
Wednesday saw broad-based selling on both sides of the border as yields climbed. The U.S. 10-year inched up to 4.614% as the S&P closed -0.59%, the Nasdaq -0.43% to tumble below 17,000, and the Dow -0.89%. Key movers included American […]
On Tuesday, AI stocks continued to surge, lifting the Nasdaq above 17,000 for the first time. The tech-heavy index rallied 0.59%, while the S&P was flat around 5,300 and the Dow sank 0.55%. Juggernaut Nvidia continued to rise, jumping nearly […]
With U.S. markets closed for Memorial Day, the unofficial start of summer, trading on Bay Street was light. The TSX traded at only a third of regular volumes, but still gained 0.27% to stay within striking range of all-time highs. […]
Slightly better-than-expected U.S. consumer data lifted markets Friday, but the S&P and TSX closed the week flat. The S&P added 0.6% Friday to nearly 5,300 while the Dow was flat for the session and the Nasdaq rallied over 1%. For […]
The S&P/TSX composite saw a -0.65% change for today’s session, the Nasdaq composite was -0.39% and the Dow up -1.53%. Some trending stocks for the day include Boeing down -7.55%, Intuit Inc. -1.20% and Toronto Dominion -1.60%. The most active stocks today include Canadian […]
The S&P/TSX composite saw a -0.54% change for today’s session, the Nasdaq composite was -0.18% and the Dow up -0.51%. Some trending stocks for the day include Bombardier Inc (B) +15.69%, NVIDIA Corporation -0.46% and LuLulemon Athletica (US) -7.23%. The most active stocks […]
The S&P/TSX composite saw a +0.01% change for today’s session, the Nasdaq composite was +0.22% and the Dow up +0.17% Some trending stocks for the day include Suncor Energy Inc +268%, Shopify Inc. -2.24% and Toronto Dominion -0.41%. The most active stocks today […]
The S&P/TSX composite saw a +0.74% change for today’s session, the Nasdaq composite was -0.07% and the Dow up +0.34%. Some trending stocks for the day include Reddit Inc. +10.04%, Cameco Corporation +6.44% and Denison Mines Corp +7.37%. The most active stocks today […]
The S&P/TSX composite saw a +0.07% change for today’s session, the Nasdaq composite was -0.26% and the Dow up -0-10%. Some trending stocks for the day include Lightspeed Commerce Inc +18.31%, Canopy Growth Corp. +11.22% and Walmart Inc. +6.99%. The most active stocks […]
The S&P/TSX composite saw a +0.19% change for today’s session, the Nasdaq composite was +1.40% and the Dow up +0.88%. Some trending stocks for the day include Super Micro Computer +15.81%, NVIDIA Corporation +3.58% and Hut 8 Mining Corp. +13.35%. The […]
The S&P/TSX composite saw a -0.07% change for today’s session, the Nasdaq composite was +0.75% and the Dow up +0.32%. Some trending stocks for the day include BlackBerry +11.93%, Home Depot -0.13% and Plug Power Inc +19.03%. The most active stocks […]
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 […]
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