Over the weekend, Trump said that trade negotiations with China would continue to move along, but ruled out any tariff relief. That announcement may well be strategic, but it pressured American markets Monday morning, though New York indices closed the […]
Markets rose on news that the U.S and China would reduce some tariffs to pave the way to signing phase one of the closely watched trade agreement. The Dow gained as much as 0.66% Thursday, though North American indices faded […]
Markets on both sides of the border ended on optimism as the S&P and Nasdaq made new all-time highs while the Dow rose a full percent. The TSX closed 110 points higher, near 15,600. Unlike recent up days, Friday boasted […]
The U.S. Fed followed script yesterday and cut interest rates by 25 basis points. American indices took the news calmly, closing only 0.20-o.25% lower. Investors like Gordon Reid were relieved to hear Fed Chair Jerome Powell vow to not cut […]