Category: Updates

Global stock markets started the year on a high note, with Wall Street and Europe scoring their biggest weekly gain in at least eight months.[1] The lively start to the year resumes recent trends for stocks following a somewhat subdued end to December. Record-Setting Week for Wall Street Wall Street delivered its biggest one-week advance

Wall Street extended its record-setting pace in December, as Republicans converged on a new tax reform bill that is expected to add nearly $1.5 trillion to the federal debt over the next decade.[1] In alternative assets, Bitcoin prices more than doubled as some major exchanges officially entered the cryptocurrency market. Tax Reform Optimism Lifts U.S.

U.S. stocks ended the month of November at record highs, with the Dow Jones Industrial Average closing above 24,000 for the first time. North of the border, Canadian stocks rallied by the most in two months as energy shares rose following a renewed commitment from OPEC to extend output cuts. Dow Hits 24,000 After a

North American equity markets are back in the driver’s seat ahead of U.S. holidays, a sign that investors are looking toeke out additional gains before the end of the year. TSX Returns to Strength Canadian stocks returned to strength after a volatile middle of the month, with the benchmark S&P/TSX Composite Index rising for four

North American and European markets posted healthy gains in October, as rebounding energy prices and a synchronized global recovery fueled risk appetite at the start of Q3. TSX Roars Back October was the month that Canadian stocks made a roaring comeback, fueled by stronger bank and energy shares. The benchmark S&P/TSX Composite Index notched multiple

October has been a favourable month for North American markets, with Wall Street resuming its record-breaking run and the TSX notching fresh eight-month highs. Upbeat earnings, rebounding financials and a nearly six-month high in energy prices have underpinned the latest equities rally. Wall Street: The Bull Keeps Running U.S. stocks are up across the board

September was a solid month for North American markets. Canada’s benchmark TSX notched four-month highs as heavyweight financials climbed and energy stocks responded to an upsurge in oil prices. On Wall Street, it was business as usual as the main equity indices rallied to new record highs. Monetary policy developments and volatility on the geopolitical

Canada’s economy blew past expectations in the second quarter, as the nation continued to benefit from robust consumer spending and a synchronized global recovery. However, four straight quarters of above-potential growth has done very little to lift Canadian stocks, which continue to straddle near the breakeven level for the year. Meanwhile, U.S. stocks ended a

Wall Street’s bull run intensified last month, as upbeat corporate earnings lifted the major indexes to multiple record highs. North of the border, Canadian stocks capped off another disappointing month, as the loonie rose to multiyear highs following the Bank of Canada’s decision to raise interest rates. U.S. Stocks Surge on Earnings, Slow-Go Fed Wall

Global equity markets ran into resistance last month, as plunging oil prices and a rotation out of the technology sector weighed on investor sentiment. Overall, markets from New York to London performed exceptionally well through the first six months of the year, as the Trump reflation trade eclipsed broader economic uncertainty. Canadian stocks were largely