Stocks Set for 7-month Low

Canada’s main stock index fell sharply on Friday as investors reacted to mounting global trade tensions following China’s retaliatory measures against U.S. reciprocal tariffs The TSX Composite Index toppled 936.52 points, or 3.9%, to reach noon EDT Friday at 23,350.40. So far, the index has lost 1,619 points, or nearly 6.5%. The Canadian dollar slid…

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NASDAQ Set to Close in Bear Market

Advertisment The stock market took another pounding Friday after China retaliated with new tariffs on U.S. goods, sparking fears President Donald Trump has ignited a global trade war that will lead to a recession. The Dow Jones Industrials faded 1,462.20 points, or 3.5%, to reach noon EDT at 39,083.73 The S&P 500…

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IVEY PMI Reading Due Next Week in Canada

IVEY PMI Reading Due Next Week in Canada U.S. Monday Economic Lookahead Consumer credit (Feb.) Featured Earnings Levi Strauss & Co (NYSE: LEVI) (Q1) EPS of 28 cents, compared to 26 cents in the prior-year quarter. Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) (Q4) EPS of 66 cents, compared to $1.03 in the prior-year…

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Disastrous End to Tariff-Filled Week

Equities in Canada’s largest centre finished off a devasting week, marked by recession fears brought about by a series of punishing tariffs orginating from Washington, D.C. It appears all countries and all sectors of their economies felt the wrath of Donald Trump. The TSX Composite Index toppled 1,129 points, or 4.6%, to…

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NASDAQ Closes in Bear Market Territory

Advertisment The stock market was pounded for a second day Friday after China retaliated with new tariffs on U.S. goods, sparking fears President Donald Trump has ignited a global trade war that will lead to a recession. The Dow Jones Industrials fell without a parachute, 2,231.07 points, or 5.5%, to close the…

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Baystreet.ca – US / Canadian Dollar

Economic Outlook and Summary Trump’s trade tirade scorched the earth in March—his tariffs sparked retaliatory threats from China, a diplomatic cold front with Mexico, and Canada. Trump nailed Canada and Mexico with 25% tariffs on March 4, and he promised to add auto tariffs on April 2, which he called “Liberation Day.” His…

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Baystreet.ca – Stocks In Play

4/4/2025 – 10:06 AM EST – Hudbay Minerals Inc. : Today announced that the Company has sold 1,000,000 common shares of American Copper Development Corporation at a price of $0.1607 per Common Share for aggregate consideration of $160,710 and has filed an early warning report in respect of the Transaction. Hudbay Minerals Inc….

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