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A day after a relief rally, markets on Wall and Bay streets tumbled back down as Trump vowed to retaliate against Canada and the EU, who are in turn slapping levies on U.S. tariffs. Washington’s trade war continues to grind […]
Markets in Toronto and New York modestly rebounded on Wednesday, following days of tariff-induced selling. The TSX rose 0.73% or 177 points, the S&P 0.52%, the Nasdaq 1.24% though the Dow fell 0.2%. Stocks reacted to a flurry of news. […]
Markets in Toronto and New York continued to sell-off Tuesday, though less dramatically than the session before, as the tariff war ensues. The TSX declined 0.54% or 132 points as only materials and one other sector gained. Staples and healthcare […]
Monday’s trading session reacted to statements Trump made over the weekend, when he refused to rule out a recession amid his tariffs’ effects on markets. By Monday’s closing bell, the Nasdaq tanked 748 points or 4.11% in its worst session […]
Markets on Friday modestly climbed, but not enough to rescue them from a negative week. Blame tariffs. Trumps’s latest proclamation is threatening Canada with heavy tariffs on dairy and lumber, perhaps as soon as today. The ever-changing situation has triggered […]
Despite reporting a top and bottom line beat and upbeat forecast, Nvidia sold off by 8.48% with losses accelerating into the close. The momentum dragged down Super Micro Computer, which slid 15.97% and sank the Nasdaq by 2.78% or 530 points. The S&P fell 1.59% and the Dow declined 0.45%.