February 11th, 2019 Daily Market Commentary  Canadian Headlines Canada’s oil sector may soon get a more combative advocate in the Alberta premier’s office. Voters in Canada’s top oil-producing province head to the polls in the next few months and are poised to elect Jason Kenney, one of the country’s foremost conservative figures, as the new [...]
February 8th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks fell for the first day this week as oil prices plowed lower as a White House adviser warned the U.S. and China are still far apart in trade talks. U.S. stocks also slid on Thursday. The Canadian benchmark fell 0.1 percent. Energy and consumer discretionary were the main [...]
February 7th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks were little changed, snapping a 2-day rally. U.S. stocks were lower as investors weighed positive corporate earnings against persistent concerns over trade and another government shutdown. The Canadian benchmark fell less than 0.1 percent. Consumer discretionary and materials outperformed. Marijuana stocks cooled after a strong rally, weighing [...]
February 6th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks climbed for a second day, reaching their highest intraday level since October 9. U.S. stocks turned higher in lackluster afternoon trading as gains in technology shares outweighed a slump in financials. The Canadian benchmark rose 0.64 percent. Consumer staples outperformed, while marijuana stocks cooled after a [...]
February 5th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks climbed as marijuana stocks pushed the index higher, marking the fourth straight day of gains for the sector. The Canadian benchmark rose 0.6 percent led by health care and information technology while industrials underperformed. The Horizons Marijuana Life Sciences Index ETF gained 4.9 percent [...]
February 4th, 2019 Daily Market Commentary  Canadian Headlines After years on the sidelines, gold producers are suddenly the mining world’s hottest topic as the industry gathers in Cape Town this week. For more than half a decade, gold miners have been stuck in the doldrums, shunned by investors following a string of missteps and [...]
February 1st, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks advanced for a sixth-straight session, sending the S&P/Toronto Stock Exchange Index to its highest level since October. The benchmark gained 8.5 percent in January, marking its best monthly gain since April 2009, more than erasing December’s rout. Materials and marijuana stocks were the best [...]
January 31th, 2019 Daily Market Commentary  Canadian Headlines Canadian investors are finding themselves in an unusual position -- outperforming their U.S. counterparts across all three main asset classes as conciliatory central banks reignite risk in global markets. Canada’s benchmark S&P/TSX Composite index has surged 8.1 percent this year, fourth-best among developed markets and ahead of the [...]
January 30th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks extended gains for a fourth consecutive session to the highest level for the S&P/Toronto Stock Exchange Index since mid-October of last year. U.S. stocks declined as investors studied the latest corporate earnings. The Canadian benchmark climbed 0.6 percent in Toronto, led by mostly by mining and [...]
January 29th, 2019 Daily Market Commentary  Canadian Headlines Canadian stocks recovered from early losses to close Monday session flat, helped by cannabis stocks. U.S. stocks traded lower after Caterpillar and Nvidia blamed slowing global growth for disappointing results, adding to concern the trade war with China is hitting corporate profits. The Canadian benchmark closed the Jan. [...]
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