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Friday saw the release of the latest U.S. jobs numbers. The Goldilocks report stated that job hiring moderated, annual wage growth fell below 4%, employment gains topped Wall Street’s estimate, while unemployment fell from 3.7% to 3.9% (the street expected […]
Thursday saw Alphabet unveil its long-awaited AI model, Gemini, which sent shares (of both classes) surging well over 5%. It also pushed the Nasdaq 1.37% higher, while the S&P added 0.8% and the Dow 0.18%. The AI momentum lifted Meta […]
As expected Wednesday, the Bank of Canada held the key interest rate at 5.0% for the third straight meeting. Beaten-down bond proxies, including real estate stocks and utilities popped, such as Boralex by 3.04%, but the TSX itself closed -0.5%. […]
Tuesday looked a lot like Monday as stocks were mixed, yields weakened and cryptos continued to rally. The TSX closed -0.17% as sectors were mixed. Staples and tech enjoyed strong gains which nearly match losses in materials and energy. Among […]
Stocks lost momentum on Monday, led by tech, giving back some ground after reaching recent highs, particular on Wall Street. On Monday, the S&P closed -0.54% higher, the Nasdaq -0.84% and the Dow -0.11%. Though the U.S. 10-year yield held […]
As expected Wednesday, the Bank of Canada held the key interest rate at 5.0% for the third straight meeting. Beaten-down bond proxies, including real estate stocks and utilities popped, such as Boralex by 3.04%, but the TSX itself closed -0.5%. Most sectors rose, but gains led by staples and utilities