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Equities in Canada’s largest market flirted with negative territory Wednesday afternoon before finding their way into the green, mostly the result of resource strength. The TSX Composite Index gained 38.86 points to conclude Wednesday at 24,106.79. The Canadian dollar hiked 0.48 cents to 72.12 cents U.S. In corporate news, Parkland…
Advertisment Stocks fell sharply on Wednesday, as a stark warning from Nvidia roiled global tech and concerns from Federal Reserve Chair Jerome Powell about the economic impact of tariffs raised alarm among skittish investors. The Dow Jones Industrials cratered 699.63 points, or 1.7%, to greet Wednesday’s closing bell at 39,669.33. The S&P…
Advertisment The S&P 500 slid on Wednesday as investors assessed a stark warning from Nvidia that pressured global tech. The Dow Jones Industrials sank 211.63 points to move into Wednesday afternoon at 40,157.33. The broader index folded 68.47 points, or 1.3%, to 5,328.16 The NASDAQ Composite slid 360.42 points, or 2.1%, to…
Advertisment S&P 500 futures slipped early Wednesday as investors assessed a stark warning from Nvidia that pressured global tech. Futures for the Dow Jones Industrials slid 42 points, or 0.1% to 40,533. Futures for the much broader index dropped 41.25 points, or 0.8%, to 5,387 Futures for the NASDAQ Composite dumped 264.25…
– Canada CPI expected to be unchanged in March. – Trump hinting at a pause in auto tariffs. – US still on the defensive. USDCAD: open 1.3857, overnight range 1.3850-1.3909, close 1.3877, WTI 61.04, Gold 3221.94 The Canadian dollar is trading sideways but with a bit of an updraft ahead of this mornings Canadian March…
Equities in Canada enjoyed a banner day Tuesday, as encouraging inflation numbers worked their way into the mix. Easing tariff news from the Trump White House also proved a factor. The TSX Composite Index popped 201.4 points to conclude Tuesday to 24,067.93. The Canadian dollar retreated 0.32 cents to 71.62 cents…
Advertisment U.S. stocks gyrated on Tuesday, as investors analyzed the latest batch of first-quarter earnings reports and enjoyed a recent decline in market turmoil. The Dow Jones Industrials changed direction and fell 155.83 points to end Tuesday at 40,368.96. The S&P 500 folded 9.34 points to 5,396.63. The NASDAQ Composite slid 8.32…
Montage Gold Corp. (V.MAU) hit a new 52-week high of $3.79 Tuesday. Montage has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange to the TSX. The Company anticipates completing the graduation in the coming weeks. Allied Gold Corporation (T.AAUC) hit a new 52-week high of $5.65…
Two weeks ago, China announced a slew of countermeasures in retaliation against punitive tariffs by U.S. President Donald Trump, including extra levies of 34% on all U.S. goods as well as export curbs on rare earth minerals. Under the new restrictions, exporters will now be required to apply for…
Cannabis company Tilray Brands (NASDAQ:TLRY) reported its third-quarter earnings last week. The Canadian-based company, which has also been expanding heavily into alcohol, reported net revenue totaling $186 million for the period ending Feb. 28, which was down around 1% from the $188 million it posted in the prior-year period. Its adjusted EBITDA also…
