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After Prime Minister Trudeau had a phone meeting with Trump late Monday, Trump postponed tariffs on Canadian goods for a month. Markets stabilized Tuesday to show modest gains. The TSX added 0.15% as eight sectors rose, led by energy, tech […]
Futures were solidly red over the weekend when Trump confirmed tariffs against Canada, Mexico and China, and markets tanked when they opened Monday morning. The TSX slid 3% at the open, rarely seen, but recovered throughout the day to close […]
January and the week ended on a bearish note with widespread selling on Bay and Wall streets as Trump’s tariffs loom. Right before the closing bell, the White House said that Trump would announce on February 1 25% tariffs on […]
All sectors on the TSX rallied as the Canadian index surged 1.3% to 25,809. Tech, materials and healthcare led the way, fueled by Celestica which soared 14.34% on a blowout quarter. Other winners were Fortuna, up 9.24%, First Majestic Silver […]
It was a tale of two markets on Wednesday. The Bank of Canada cut the key lending rate by an expected 25 basis points to 3.0%. Though sectors were mixed, the TSX added 40 points or 0.16% as energy and […]
Markets in both New York and Toronto extended Monday's losses into Tuesday. The major American indices all shed around a third of a percentage point as tech led the way down. Once more, Nvidia was the most active name, at -2.69%, as well as Intel at -3.12%. Moderna closed -9.07%