Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,334.40, up 0.38%. ● Canadians are concerned about federal deficit, believe Ottawa is spending 'too much' ● EIA expects US natural gas inventories to remain high through 2025 ● Canada to allow 30-year amortization for first-time buyers' mortgages on new homes ● Stocks to watch:...
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,327.30, down 0.65%. ● Bank of Canada says June interest rate cut 'within the realm of possibilities' ● How will the Bank of Canada's interest rate decision impact real estate? ● US crude oil stocks post week-over-week build of nearly 6 million barrels, EIA reports ● St...
S&P/TSX Composite index: 22075.10 (-0.50%) S&P/TSX 60 index: 1325.66 (-0.60%) S&P/TSX Composite mover Aurora Cannabis was the top gainer, rising 16.70% to close at $6.78. The top loser was Hut 8 Corp, losing 13.42% to end at $12.71. See below for more trending stocks: S&P/TSX 60 mover Canopy Growth Corp saw the biggest gain of the day, as it closed at $11.33, up 11.08%. Conversely, Brookfield Infrastructure Partners LP suffered the ...
Stocks listed in Toronto erased earlier gains as they retreated in the last half hour of the trading day, tracking declines in the US. The$S&P/TSX Composite index(.SPTSX.CA)$slipped 0.1% to 21,912.52, while the blue chip$S&P/TSX 60 Index(.TX60.CA)$dipped 0.2% to 1319.08, preliminary moomoo data showed. Canadian stocks failed to held on to gains as crude oil declined, weighing down on resources-heavy indexes.$Canadian Natural Resources Ltd(CNQ.CA)$was among...
Canada's stocks rallied, tracking gains in the US that were driven by Federal Reserve's decision to keep interest rates unchanged and stick with policymakers' median projection for three quarter-point rate cuts by December. Advancers in Canada's stock market outnumber decliners 960 to 683, according to data compiled by moomoo. Metals and mining led gains, followed by software, transportation, telecommunications, banks ...
With the recent six consecutive rises on the Toronto Stock Exchange (TSX), I would focus on the energy sector. As the global economy gradually rebounds, increased demand for energy may boost this sector. Additionally, I would closely monitor the technology industry, as technological innovation and digital transformation remain key market trends. Considering the prospects of these sectors and the potential of individual stocks, I would invest in these areas. $Copper(BK2510.US)$$S&P/TSX Composite index(.SPTSX.CA)$
With rising commodity prices, I'll cautiously reassess my portfolio. While some sectors benefit, inflation risk looms. I'll seek inflation-resistant assets like stable dividend stocks or tangible assets to safeguard my investments. Vigilance and adaptability are key as I closely monitor market dynamics. $Copper(BK2510.US)$$S&P/TSX Composite index(.SPTSX.CA)$
We are optimistic about the TSX stock price this year and maintain a positive outlook on the TSX's prospects. We predict a sixth consecutive rise in this week's Friday closing! We will continue to closely monitor market trends. $S&P/TSX Composite index(.SPTSX.CA)$$Copper(BK2510.US)$
The rise in commodity prices may raise concerns about inflation, which could have a negative impact on the stock market. Therefore, in my investment decisions, I may proceed with greater caution, seeking assets that can withstand the impact of inflation. For example, I may consider investing in stocks with stable cash flows and promising growth prospects or assets that are closely related to inflation but offer some hedging capabilities, such as gold or real estate investment trusts (REITs). $S&P/TSX Composite index(.SPTSX.CA)$
ColumnsCanada's Stocks Gained as Oil and Gas, Software, Banks Rally
The $S&P/TSX Composite index(.SPTSX.CA)$ gained 0.3% to close at 21,871.96, while the blue-chip $S&P/TSX 60 Index(.TX60.CA)$ rose 0.45% to 1,313.41.
About 724 stocks advanced, while 1,39 declined, data tracked by moomoo showed. $Suncor Energy Inc(SU.CA)$ and $Cenovus Energy Inc(CVE.CA)$ were among the biggest gainers in t...
ColumnsEverything You Need to Know on Friday: Paramount Resources Sells $75 Million In NuVista Shares
● S&P/TSX 60 Index Standard Futures are trading at 1,334.40, up 0.38%.
● Canadians are concerned about federal deficit, believe Ottawa is spending 'too much'
● EIA expects US natural gas inventories to remain high through 2025
● Canada to allow 30-year amortization for first-time buyers' mortgages on new homes
● Stocks to watch:...
ColumnsEverything You Need to Know on Thursday: Biden Administration Wants Enbridge Pipeline Ruling Revisited
● S&P/TSX 60 Index Standard Futures are trading at 1,327.30, down 0.65%.
● Bank of Canada says June interest rate cut 'within the realm of possibilities'
● How will the Bank of Canada's interest rate decision impact real estate?
● US crude oil stocks post week-over-week build of nearly 6 million barrels, EIA reports
● St...
ColumnsTuesday's Leading Canadian Stocks: Aurora Cannabis Surged 16.70%
S&P/TSX 60 index: 1325.66 (-0.60%)
S&P/TSX Composite mover
Aurora Cannabis was the top gainer, rising 16.70% to close at $6.78. The top loser was Hut 8 Corp, losing 13.42% to end at $12.71. See below for more trending stocks:
S&P/TSX 60 mover
Canopy Growth Corp saw the biggest gain of the day, as it closed at $11.33, up 11.08%. Conversely, Brookfield Infrastructure Partners LP suffered the ...
ColumnsCanadian Stocks Retreated, Tracking Declines in US Market
The $S&P/TSX Composite index(.SPTSX.CA)$ slipped 0.1% to 21,912.52, while the blue chip $S&P/TSX 60 Index(.TX60.CA)$dipped 0.2% to 1319.08, preliminary moomoo data showed.
Canadian stocks failed to held on to gains as crude oil declined, weighing down on resources-heavy indexes. $Canadian Natural Resources Ltd(CNQ.CA)$ was among...
ColumnsCanada Stocks Rally, Tracking Gains in US as Fed Sticks to Rate Cut Projection
Advancers in Canada's stock market outnumber decliners 960 to 683, according to data compiled by moomoo. Metals and mining led gains, followed by software, transportation, telecommunications, banks ...
As the global economy gradually rebounds, increased demand for energy may boost this sector. Additionally, I would closely monitor the technology industry, as technological innovation and digital transformation remain key market trends.
Considering the prospects of these sectors and the potential of individual stocks, I would invest in these areas.
$Copper(BK2510.US)$$S&P/TSX Composite index(.SPTSX.CA)$
$Copper(BK2510.US)$$S&P/TSX Composite index(.SPTSX.CA)$
$S&P/TSX Composite index(.SPTSX.CA)$$Copper(BK2510.US)$
Therefore, in my investment decisions, I may proceed with greater caution, seeking assets that can withstand the impact of inflation.
For example, I may consider investing in stocks with stable cash flows and promising growth prospects or assets that are closely related to inflation but offer some hedging capabilities, such as gold or real estate investment trusts (REITs).
$S&P/TSX Composite index(.SPTSX.CA)$
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