In the U.S. Friday, bank earnings began and the positive surprises helped lift markets on Wall and Bay streets to new highs. For instance, Wells Fargo jumped 5.96%, pushing the S&P 0.68% higher as the Nasdaq climbed 0.44% and the […]

An Iranian missile attack on Israel prompted a sharp rally in crude oil, which lifted the TSX by 45 points to a record close of 24,270. WTI itself jumped 3.75% to US$76 a barrel. TSX sectors were actually mixed, but […]

On Wednesday, the TSX rose 0.6% to reach a new close of 24,224. Apart from mild weakness in telcos, every sector rally, most pronounced in tech and consumer discretionary. Major movers on Bay Street included CNQ up 1.01% as the […]

On Tuesday, Beijing revealed details of its economic stimulus plan to revive the flagging Chinese economy, but it disappointed stock markets in North America initially. By the close, though, markets saw some gains: the S&P was up 0.7%, the Nasdaq […]

Volatility returned to markets to start the week. The S&P and Dow sank nearly 1% as the Nasdaq fell 1.25% to close below 18,000. Utilities and communication services were particularly weak. Major movers: Super Micro Computer soared 16.98%, Nvidia 2.43%, […]