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Friday saw markets bounce, but not enough to lift the NYSE and TSX out of the red for the week. Trump tariffs were to blame for deep selling earlier this week which saw the S&P correct. Despite onerous levies on […]
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 […]
Over the weekend, Trump announced he would slap tariffs on all steel and aluminum entering the United States. Despite this sudden news, markets in Toronto and New York climbed on Monday. The TSX rose 0.85% or 215 points as eight sectors rallied. Energy and materials performed the best while healthcare