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The TSX reopened on Friday as the NYSE was already back in business. Both markets sank. Tech led the decline as the Nasdaq tumbled 300 points or 1.49%, the S&P fell below 6,000 after shedding 1.11% and the Dow slipped […]
Though the TSX remained closed on Boxing Day (aka December 26), the NYSE was back to business. Unsurprisingly, it was a quiet day on Wall Street as the Dow advanced a handful of points and the S&P and Nasdaq slipped […]
Amid typically light trading in a shortened session, markets in Toronto ad New York rallied on the last day of trading before Christmas. The TSX advanced 0.4% or about 100 points as most sectors gained. Tech and energy led the […]
The last full trading day before Christmas was a jolly one as markets in Toronto and New York rose. On Bay Street, all but three sectors including real estate gained as the TSX advanced 0.61%. Energy and particularly healthcare rallied. […]
Two days after the U.S. Fed announced only two interest cuts for 2025 and triggered a sharp sell-off, markets on Friday rallied which reduced losses for the week. The three major U.S. indices all rose over 1% during the session, […]
On Hallowe'en Wednesday, markets sank on earnings from two of the biggest stocks in the world, Microsoft and Meta, which reported the day before. Though the companies reported strong top and bottom lines, both announced higher spending in AI, which may cut into future profits. MSFT closed -5.73% and Meta