On Wednesday, U.S. stock markets experienced a historic surge as news broke that Trump had enacted a 90-day suspension on several tariffs targeting trading partners. This triggered a euphoric response from investors, leading to the$S&P 500 Index (.SPX.US)$climbing 9.52%—its most significant single-day gain since the 2008 financial crisis. The$Nasdaq (NDAQ.US)$soared by 12.1%, marking its largest incr...
Shares on Canada's main exchange jumped Wednesday, tracking gains in the US stock market after President Donald Trump said he authorized a 90-day pause on reciprocal tariffs. the Toronto Stock Exchange's$S&P/TSX Composite Index (.SPTSX.CA)$closed 5.4% higher at 23727.03. The blue-chip$S&P/TSX 60 Index (.TX60.CA)$advanced 5.1% to $1,426.16. $Shopify Inc (SHOP.CA)$were among the biggest gains, climbing almost 18%...
Recent Monetary Actions Since last June, the Bank of Canada (BoC) has been progressively reducing interest rates, bringing the current policy rate within the BoC's neutral range of 2.25 to 3.25 percent—a level that neither stimulates nor restrains economic activity. If not for Trump's trade war, there would have been strong reasons to pause this easing cycle. The BoC's preferred measures of underlying inflation have...
The tariffs imposed by the Trump administration have introduced considerable uncertainty for Canada's export-driven economy. Bank of Canada Governor Tiff Macklem has cautioned that these tariffs could significantly hinder Canada's economic growth, particularly affecting the export sector. As a key trading partner of the U.S., Canada exports substantial quantities of oil, gas, automotive components, and minerals. Should th...
In January 2025, Canada's unemployment rate dropped to 6.6% from 6.7% the previous month, reaching its lowest level in three months. This decline contrasted with market expectations, which had predicted an increase to 6.8%. This outcome alleviated concerns about a weakening labor market, previously highlighted by the Bank of Canada, and indicated that the Canadian labor market is stronger than anticipated. In January 2025, e...
Since the Bank of Canada's initial interest rate cut on June 5, 2024, Canada's mainstock index,$S&P/TSX Composite Index (.SPTSX.CA)$, has increased by more than 15%. As of Wednesday, the index climbed 0.12%, closing at 25,311.50. Read More: BoC Interest Rate Decision Preview: CPI Report Paves Way for BoC Rate Cuts, Tariffs Add Uncertainty Leading this impressive rally is the Information Technology Sector, which has skyrocketed by 50.88% since...
Canadian stocks dip, tracking declines in the U.S. as gains in metals and oil and gas sectors weren't enough to offset declines in tech, finance, and retail sectors. The$S&P/TSX Composite Index (.SPTSX.CA)$closed 0.3% lower at 24,929.89, reversing earlier gains. The blue chip$S&P/TSX 60 Index (.TX60.CA)$also slipped 0.3% to 1,494.34. $Shopify Inc (SHOP.CA)$slumped 6.3% amid a wider tech sell-off that hit the main exch...
Canadian stocks declined as investor weighed the impact of Prime Minister Justin Trudeau's resignation on markets. Declining oil and gold prices also dragged the shares of commodity producers. The$S&P/TSX Composite Index (.SPTSX.CA)$closed 0.2% to 24,999.79, reversing earlier gains. Decliners outnumbered the benchmark's gains 127 to 84. The$S&P/TSX 60 Index (.TX60.CA)$Index dipped 0.3% to 1498.34. Toronto-listed reverse...
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72608375
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do we think CAD stocks are going to continue to trend downward leading into Trudeau’s resignation guys? whats the word
Kasam
72608375
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I was was thinking the opposite: I believe the opportunity of a change could stimulate the economy, as many seem to blame Mr Trudeau for many existing problems in Canada.
72608375
Kasam
:
I was thinking kind of the same. I know the US are expecting stocks to rise after Trump gets into office. wondering if we’ll be the same with our new leader
Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry. Buffett's holdings are the latest portfolio from Berkshire Hathaway. Regarded as a top investor, his trades often signal the market and influence the industry.
the Toronto Stock Exchange's $S&P/TSX Composite Index (.SPTSX.CA)$ closed 5.4% higher at 23727.03. The blue-chip $S&P/TSX 60 Index (.TX60.CA)$ advanced 5.1% to $1,426.16.
$Shopify Inc (SHOP.CA)$ were among the biggest gains, climbing almost 18%...
Since last June, the Bank of Canada (BoC) has been progressively reducing interest rates, bringing the current policy rate within the BoC's neutral range of 2.25 to 3.25 percent—a level that neither stimulates nor restrains economic activity. If not for Trump's trade war, there would have been strong reasons to pause this easing cycle. The BoC's preferred measures of underlying inflation have...
In January 2025, e...
Read More: BoC Interest Rate Decision Preview: CPI Report Paves Way for BoC Rate Cuts, Tariffs Add Uncertainty
Leading this impressive rally is the Information Technology Sector, which has skyrocketed by 50.88% since...
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.3% lower at 24,929.89, reversing earlier gains. The blue chip $S&P/TSX 60 Index (.TX60.CA)$ also slipped 0.3% to 1,494.34.
$Shopify Inc (SHOP.CA)$ slumped 6.3% amid a wider tech sell-off that hit the main exch...
The $S&P/TSX Composite Index (.SPTSX.CA)$ closed 0.2% to 24,999.79, reversing earlier gains. Decliners outnumbered the benchmark's gains 127 to 84. The $S&P/TSX 60 Index (.TX60.CA)$ Index dipped 0.3% to 1498.34.
Toronto-listed reverse...
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