After the close with Allan
Markets extended last Friday’s losses, amid light holiday volumes. Though Wall Street climbed higher from this morning’s weakness, the S&P and Dow still finished nearly 1% lower while the Nasdaq closed -1.1%. Once again, Nvidia was the most active name, […]
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, […]
A day after sliding nearly 3% across the board after the U.S. Fed’s hawkish projection for 2025, Bay and Wall streets stabilized. The S&P and Nasdaq were essentially flat on Thursday, while the Dow gained 0.27% and the TSX shed […]
Wednesday stocks were in a holding pattern until U.S. Fed chief, Jerome Powell, announced mid-afternoon an expected 25-basis point cut to the key interest rate. However, his announcements during the press conference triggered a steep sell-off in both New York […]
Markets in New York and Toronto continued to weaken on Tuesday. The TSX closed 0.54% lower as only two sectors managed gains for the session, particularly health care. Telcos and staples led the remaining sectors down. Making outsized moves were […]
The trading week began with tech driving the Nasdaq to new highs, up 1.24% to nearly 20,200. The S&P advanced 0.38% and the Dow -0.25%. Among the Wall Street influencers were Broadcom, popping 11.21%, Tesla 6.14% and Micron 5.62% However, […]
Talk of tariffs from the White House in 2025 and tax-loss selling filled the air. Friday saw the TSX shed 0.54% and lose 1.6% for the week as only tech managed to gain ground during the session. All other sectors […]
Stocks in New York and Toronto sold off Thursday, a day after rallying. The TSX shed nearly 1% as only consumer discretionary gained. Materials and energy led the laggards. Most-influential were CNQ at -2.26%, Cenovus -1.01% and Telus -2.51%. Other […]
As expected, the Bank of Canada cut the key lending rate by 50 basis points to 3.25%, in the wake of climbing unemployment and other economic data. The TSX gained 0.6% for the session, though sectors were mixed. Strong gains […]
Markets in both New York and Toronto extended Monday’s losses into Tuesday. The major American indices all shed around a third of a percentage point as tech led the way down. Once more, Nvidia was the most active name, at […]
Despite climbing to all-time highs early in the session, the TSX finished in the red Monday along with its Wall Street peers. The Canadian index finished the day -0.26% as sectors were mixed. A strong performance in materials and healthcare […]
The week ended with the S&P and Nasdaq modestly rallying to new highs, the former by 0.23% and the latter at 0.78%. Over the week, they gained nearly 1% and 3.3% respectively. The Dow closed Friday -0.3% and -0.6% for […]
Early in Thursday’s session, Bitcoin topped US$100,000, though ended the day below that milestone. The crypto outperformed the U.S. indices, however. The S&P ended the session -0.2%, the Dow -0.57% and the Nasdaq -0.21%. Major movers included Intel at -5.17%, […]
The S&P/TSX composite saw a +0.02% change for today’s session, the Nasdaq composite was +1.30% and the Dow -0.01% Some trending stocks for the day include Dollarama Inc. down -5.14%, National Bank of Canada -3.82% and Baytex Energy Corp -5.28%. […]
The S&P/TSX composite saw a -0.45% change for today’s session, the Nasdaq composite was +0.40% and the Dow -0.02% Some trending stocks for the day include Bank of Nova Scotia down -3.37%, Enbridge +0.38% and Palantir Technologies +6.88%. The most […]
The S&P/TSX composite saw a -0.22% change for today’s session, the Nasdaq composite was +0.97% and the Dow -0.04% Some trending stocks for the day include Super Micro Computer up +28.68%, The Lion Electric Co +58.82% and Intel -0.50%. The […]
The S&P/TSX composite saw a +0.41% change for today’s session, the Nasdaq composite was +0.83% and the Dow up +0.42% Some trending stocks for the day include SoundHound AI up +18.15%, Tesla Inc +3.69% and NVIDIA Corporation +2.15%. The most […]
The S&P/TSX composite saw a +0.22% change for today’s session, the Nasdaq composite was -0.60% and the Dow up +0.27% Some trending stocks for the day include Shopify Inc. up +0.30%, Rogers Sugar Inc +5.64% and Air Canada +0.77%. The […]
The S&P/TSX composite saw a +0.33% change for today’s session, the Nasdaq composite was -0.60% and the Dow up -0.23% Some trending stocks for the day include Symbiotic down -35.86%, Wajax Corp +8.01% and Dollarama Inc. -0.01%. The most active […]
The S&P/TSX composite saw a -0.02% change for today’s session, the Nasdaq composite was +0.63% and the Dow up +0.33% Some trending stocks for the day include Bombardier Inc (B) down -9.32%, Dye & Durham +11.35% and GameStop Corp. +2.22%. […]
The S&P/TSX composite saw a -0.13% change for today’s session, the Nasdaq composite was +0.27% and the Dow up +0.12% Some trending stocks for the day include CI Financial Corp up +30.03%, BlackBerry +10.33% and Alimentation Couche-Tard -0.98%. The most […]
