December 24th, 2018 Daily Market Commentary  Canadian Headlines ·        Canadian stocks ended their worst week since August 2015 with another volatile day that started positive and ended with a significant decline. The S&P/TSX Composite Index fell 1.5 percent to 13,935.67 Friday, bringing its weekly loss to 4.5 percent. Higher-than-average volume as a result of [...]
December 21st, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks fell sharply on another volatile trading day, buffeted by headwinds from the United States. The S&P/TSX Composite Index lost 0.9 percent to 14,141.77 as investors continued to fret over whether the U.S. Federal Reserve is on the right track and as the U.S. government [...]
December 20th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks fell to their lowest level since July 2016, making a dramatic reversal following a U.S. Federal Reserve policy meetingthat downplayed the recent market sell-off. The S&P/TSX Composite Index lost 1.1 percent to 14,264.06 after rising as much as 0.9 percent earlier in the day. Energy [...]
December 19th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks closed higher but moderated earlier gains as crude prices tumbled more than 7 percent. The S&P/TSX Composite Index added 0.4 percent to 14,416.89, retreating from an intraday gain of 1 percent. Technology stocks led the increase, rising 2.5 percent as Shopify Inc. added 4.2 [...]
December 18th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks fell to their lowest close since September 2016 with every sector in the red, as crude prices settled below $50 a barrel for the first time in 14 months. The S&P/TSX Composite Index lost 1.6 percent to 14,362.65. Health-care stocks led the retreat, losing [...]
December 17th, 2018 Daily Market Commentary  Canadian Headlines Canada was looking for a way out of a $13 billion deal to export armored vehicles to Saudi Arabia, Prime Minister Justin Trudeausaid in a televised interview Sunday. “We are engaged with the export permits to try and see if there is a way of no longer [...]
December 14th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks lost their earlier gains and closed the session 0.2 percent lower, led mostly by two-day decline in pot stocks. The Horizons Marijuana Life Sciences ETF fell 8 percent in last two days, ahead of potential legalization in New Jersey on December 17. Aphria Inc. was among [...]
December 13th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks closed the session higher, with the broader U.S. market, after the S&P/Toronto Stock Exchange Composite Index reached a two-year low yesterday. The best performing sector was technology, led by Shopify Inc.’s three-day advance. he S&P/Toronto Stock Exchange Composite Index rose 0.8 percent. Real estate was [...]
December 12th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks fell 0.4 percent on Tuesday, extending a four-day rout, in their losing losing streak since mid-November. The S&P/Toronto Stock Exchange Composite Index failed to stage a comeback despite a late-session spike in pot stocks after the New York Post reported that New York Governor Andrew Cuomo [...]
December 11th, 2018 Daily Market Commentary  Canadian Headlines Canadian stocks clawed back from their session low, as the U.S. market advanced on a technology rally. The S&P/Toronto Stock Exchange Composite Index closed lower by 0.5 percent after an intraday decline of 1.3 percent. Auto parts and energy were the worst performing sectors. The energy sector took [...]
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