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December began on a positive note with markets in Toronto and New York rallying into the close. The TSX rose 1% on Friday and 1.8% for the week as all sectors went green. Real estate, industrials and utilities led gains. […]
November ended on a generally positive note as most of the major indices gained for the day and all for the month. Thursday’s session began with a flurry of headlines. In Canada, GDP unexpectedly shrunk 1.1% in Q3, while two […]
As the investing world mourned the loss of investing legend, Charlie Munger, stocks on Wall Street ticked down modestly even as the U.S. 10-year yield declined to 4.263% after U.S. GDP in Q3 was revised up from 4.9% to 5.2%. […]
Tuesday began with the Bank of Scotia kicking off earnings season for Canadian banks. BNS‘ quarter disappointed as loan-loss provisions were heavier than expected, and its shares tumbled 4.45%. Financials and staples were the worst performers in Toronto, but gains […]
As shoppers hunted for bargains online and in stores, markets returned to business, though trading was quiet. The TSX shed 0.3% though remained above 20,000 while the Nasdaq and S&P both closed a handful of points down and the Dow […]
Wednesday's session saw the price of WTI crude spike 3.6% to $93.65 a barrel and the U.S. 10-year yield surge past 4.6%, creating a choppy trade for stocks on both sides of the border. Despite oil's rally, the TSX sank 0.72% as only energy and tech gained while the remaining