Daily

It was a week of new record highs on the S&P, Nasdaq and the TSX, based on varying U.S. inflation data. However, markets were flat or slightly down on Friday, though still gained ground over the past week. The S&P […]

Right after tame U.S. consumer inflation data lifted markets earlier this wee, new wholesale inflation numbers reversed market sentiment on Thursday. July wholesale inflation came in at 3.3%, far higher than the expected 2.5% and diminishing hopes that the U.S. […]

The slightly tamer than expected U.S. inflation number released on Tuesday rippled across Asian markets overnight to push, for example, the Nikkei 1.3% and the Hang Seng 2.58% higher, then extended the rally in North America on Wednesday. The S&P […]

July’s CPI number came in at 2.7% compared to the expected 2.8%, though core inflation was 3.1% vs. the 3.0% estimate. Nonetheless, these figures sparked a rally on Wall and Bay streets, where investors now expected the U.S. Fed to […]

The TSX advanced 34 points or 0.12% on Monday, as healthcare led seven sectors higher. Energy and real estate were among the laggards. Bausch Health was the biggest gainer, soaring 16.14% as Constellation Software rallied 4.39% and Goeasy 2.98%. Meanwhile, […]

American indices shrugged off trade worries and recent weak data to climb on Friday and for the week. The S&P rose 0.78% on Friday, the Nasdaq advanced 0.98% and the Dow 0.47%. For the week, the S&P gained 2.4%, the […]

It was a very mixed Thursday as Trump’s latest tariffs pressured markets while earnings helped and hindered some names. Trump slapped new 15% tariffs on traditional trading partners, including the EU, South Korea and Japan. Even Switzerland was recently hit […]

Shopify reported an earnings beat and rosy guidance, which catapulted shares by 21.5% and lifted the TSX to another record close. The Canadian index jumped 1.27% or 35 points to 27,920, even though sectors were mixed. Outsized gains in tech […]

The TSX returned to business on Tuesday and ripped 2.03% or 549 points higher to a record close of 25,750. All 11 sectors rallied, led by materials, tech and health care. In fact, the biggest gainers were miners: Kinross Gold […]

With the TSX closed for a holiday, Wall Street was back in business on Monday and American shares bounced back after Friday’s sell-off. The S&P regained 1.447%, the Dow 1.34% and the Nasdaq 1.95%. Once more, Nvidia led the rally, […]

Trump slapped many of America’s trading partners with tariffs including its neighbour, Canada, at 35%. Also, U.S. jobless numbers came in worse than expected. U.S markets slid: S&P -1.5%, the Nasdaq -2.24% and the Dow -1.19%. All the indices slid […]

After reporting on late Wednesday strong earnings and upbeat forecasts, Mag 7 stalwarts Meta and Microsoft soared Thursday by 11.25% and 3.95% respectively. However, the Nasdaq itself sank 0.05% as did the S&P by 0.41% and the Dow by 0.8%. […]

Markets eagerly awaited the latest interest rate decisions by the U.S. Fed and Bank of Canada on Wednesday. There were few surprises, though, as the banks held rates at 4.3% and 2.75%, respectively, citing uncertainty caused by Trump’s tariffs. The […]

The annual U.S. inflation rose crept up to 2.7% in June, after posting 2.4% in May. The second-straight month of rising American prices made Wall Street jittery and sold off across all three major indices. The S&P closed -0.3%, the […]

Markets failed to rally after the U.S. struck a preliminary trade agreement with the EU. True, the Nasdaq rose 0.33% to another record close, but the Dow sank 0.14% while the S&P was flat. Investors may be holding their breath […]

Helped by some strong earnings, markets in New York and Toronto rallied yet again to end a record-breaking week. The S&P advanced 0.4%, the Nasdaq 0.2% and the TSX 0.45% on Friday to establishe new record closes, surpassing highs made […]

The indices were mixed on Thursday, with the TSX and Dow modestly falling, but the S&P and Nasdaq climbing once more to record highs. The TSX closed down 19 points, the Dow -0.7%, the S&P added 0.07% and the Nasdaq […]

A Financial Times report that the U.S. and EU were near a trade agreement helped lift indices in Toronto and New York to record closes once again. The S&P climbed 0.78%, the Nasdaq 0.61% and the TSX 0.19% to 27,416. […]

Stocks offered few dramatic moves on Tuesday as investors eyed earnings reports in the U.S. and ongoing American tariffs. The TSX climbed 47 points to nearly match its all-time record set last week, while the Nasdaq slipped 0.39%, the Dow […]

Markets closed on weakness on Monday, but still closed at record highs after gaining a handful of points. The S&P inched 0.1% higher, the Nasdaq 0.4%, the Dow 14 points and the TSX by nearly three points or 0.1%. The […]

Friday’s session saw lackluster movement in New York and Toronto after hitting record highs several times this week. The S&P was flat, the Nasdaq gave back 10 points while the Dow declined 0.32%. For the week, the Dow was flat, […]

Earnings from U.S. companies and positive economic data lifted the indices on both Wall and Bay streets to new highs Thursday. America’s latest weekly jobless claims decreased as June’s retail sales beat expectations. The S&P rallied 0.54% to 6,297 and […]

Wednesday’s session was wild after the White House indicated that Trump would fire Fed Chief, Jerome Powell, then Trump himself denied he would. Markets tanked initially then recovered, given how the markets would disapprove if Trump dismissed him. (Trump himself […]

Tuesday markets welcomed the release of June’s inflation numbers with a partial sell-off. The S&P closed -0.4%, the Dow -0.98% though the Nasdaq managed to climb 0.18%. U.S. inflation in June was 2.7%, up from 2.4% the month before as […]