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Stocks on both sides of the border were under water for most of Tuesday, but rallied at the end. The TSX added 0.13%, the Dow 0.5% and the S&P 0.17% but many tech names lost ground as the Nasdaq gave […]

Stocks faded into the close on Bay and Wall streets Monday as the Nasdaq tumbled 1.62%, the S&P (which had looked poised to reach a new high) shed 0.32%, the Dow was essentially flat, while the TSX lost 0.62%. This […]

Tech stocks continued to make new highs as a new lockdown in Austria to fight Covid spooked North American markets Friday. Once more, tech rallied as the Nasdaq made a new high of 16,057 after adding 0.4% for the day […]

Markets see-sawed Thursday that saw the TSX shed 15 points, the Dow close -0.17%, the S&P rise 0.34% and the Nasdaq gain 0.45% just below 16,000. Financials and energy were mixed as many other components were mixed. On Wall Street, […]

Wednesday saw markets slump amid ongoing inflation and suply chain fears and a dip in crude oil prices. and lower than usual volumes. The TSX lost 0.58% as materials was the only sector to trade in the green. T he […]

After a sleepy Monday, stocks rose Tuesday, especially tech, but so did the U.S. 10-year yield. As the S&P added 0.39% and the DOw 0.15%, the Nasdaq rallied 0.76% even as the 10-year yield climbed to 1.639%. Tech and consumer […]

Monday saw a muted start to the trading week as ongoing inflation worries weighed on some investors and volumes suggest that others were taking a breather. The TSX closed modestly down by 0.39%, dragged down by technology stocks and financials. […]

It was a week of hot inflation numbers and it ended with more troubling American economic data. U.S. consumer confidence declined as a record number of Americans quit their jobs. Despite that, Wall Street closed higher on Friday: the Dow […]

On Remembrance/Veterans Day Thursday, markets were mixed and muted on both sides of the border. The TSX narrowly missed making a new close on thin volumes, but still finished up 0.56%. Materials and tech stocks did the heavy lifting as […]

For the second day, inflation data pressured markets. On Wednesday, the U.S. released CPI numbers that were much higher than expected at levels last seen in 1990. On Wall Street, the Dow closed -0.66%, the S&P -0.82% and the Nasdaq […]

On Tuesday, wholesale inflation data pressured markets as the Dow closed -0.31%, the S&P -0.35% and the Nasdaq -0.6%. Wholesale prices jumped 8.6% year-over-year in October, tied for the highest ever, which prompted fears of the U.S. Fed hiking interest […]

Markets in New York and Toronto hit another grand slam on Monday as President Biden’s long-awaited $1-trillion infrastructure bill was finally signed over the weekend and propelled American stocks to yet another record close. Meanwhile, pot stocks surged on the […]

It was a record-breaking Friday to end a record-breaking week. As positive earnings continued to flow through American and Canadian markets, Pfizer announced that it had produced a pill that effective treats Covid patients, following Merck’s footsteps earlier this fall […]

Thursday saw big moves in markets after the U.S. Fed announced its dovish plans the previous day, and the Bank of England announced it would essentially do nothing, which shocked the street which expected the BoE to hike interest rates. […]

U.S. Fed Chief, Jerome Powell, delivered dovish comments on Wednesday afternoon, announcing to no one’s surprise that the Fed will start tapering this month, but offered no signal about raising interest rates. American stocks had been treading water until the […]

The Dow 0.39%, the S&P 0.37% and the Nasdaq 0.34%. Notable gainers included Pfizer which jumped 4.15%, Cisco up 2.71%, chipmakers like Nvidia adding 1.92% and Under Armour soaring 16.47%. In contrast, Tesla slipped over 3%, Citigroup slid 1.45%, Visa […]

Markets laid down a royal flush Monday as the major indices in New York and Toronto all made record closes, driven by continued optimism, upbeat earnings and climbing oil prices. The TSX rose 0.91% to 21,228 as WTI crude climbed […]

October ended with record closes from the S&P, Down and Nasdaq which climbed 0.19%, 0.25% and 0.33% respectively. The S&P and Nasdaq enjoyed their best month since November 2020, while the S&P rallied 7% for October. Actually, the markets see-sawed […]

Upbeat earnings on both sides of the border lifted markets in Toronto and New York to nearly break all-time highs. The TSX rose 1.16% led by consumer staples, energy and industrials while materials was the only sector to dip into […]

On Wednesday, the Bank of Canada announced it was halting QE bond buying and signaled that higher interest rates were coming a little sooner than expected, though didn’t set a schedule. The move reflects the strength of the Canadian economy, […]

After rallying over the last two weeks, the TSX gave back 0.52%. Only financials gained as a component as staples and tech took it on the chin. Major movers to the downside included Shopify at -4.37%, lumber names like Interfor […]

The trading week began on a positive note as markets climbed Monday into the finish. Though crude oil faded into the close, the TSX finished 0.32% to a new closing high of 21,284. Energy and materials rallied as telcos lagged, […]

On the whole, the week was positive for stocks as the Dow made a record high Friday, rising 0.21% to 35,670. However, the S&P closed -0.11% and the Nasdaq -0.82%. Tech and industrials lagged, while energy and financials roared. Notable […]

After three days of rallying, markets were decidedly mixed on Thursday as soon assets made new highs, while others sank. To start, the S&P added 0.3% to close at a record high of 4,549 while the TSX made yet another […]