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Wall Street was closed Monday to honour civil rights leader, Martin Luther King, Jr., but the TSX advanced 0.34%. Most sectors enjoyed gains, led by energy and materials, while only four sectors lagged slightly, including tech. Major movers included Bombardier […]
A choppy week ended on a positive note as markets in Toronto and New York rallied convincingly on Friday. All sectors were green on Bay Street as the TSX advanced 0.89% for the session and 1.2% for the week. Utilities […]
A day after cool U.S. inflation data triggered a strong rally, American stock gave back part of those gains as the TSX continued to rise. The Canadian index added 0.23% as most sectors rallied. Tech, staples and especially utilities rose […]
Consumer inflation clocked in the U.S. at 2.9% in December year-over-year, while core inflation was 3.2%, both meeting the street’s expectations. However, December’s figure was higher than November’s 2.7% though core inflation was 3.3% in previous months. Despite the mixed […]
Markets in Toronto and New York ended their losing streaks, but also failed to rebound. The S&P was flat, gaining six points, the Dow advanced 0.52%, the Nasdaq -0.23% and the TSX 0.14% in mixed trading. On Bay Street, materials […]
As the post-election rally faded in the U.S., the TSX climbed 0.26% higher on Wednesday to make a new closing high. It was just shy of 25,000, led by outsized gains in tech stocks. Actually, only four of 11 sectors rose on Bay Street while materials and staples led the