The Daily

April 11th, 2018   Daily Market Commentary   Canadian Headlines Alberta, the landlocked Canadian province that’s home to the oil sands, would be willing to buy out Kinder Morgan Inc.’s Trans Mountain pipeline if that’s the only way to salvage the critical export route. “We are considering a number of financial options to ensure that the [...]

April 10th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks closed higher but gave up much of their earlier gains on another trading day that saw markets weaken toward the end of the session. The S&P/TSX Composite Index rose 20 points or 0.1 percent to 15,227.70 after earlier gaining as much as 0.7 [...]

April 9th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks ended lower, erasing earlier gains in an increasingly familiar pattern of wild swings as investors evaluate the latest trade risks. The S&P/TSX Composite Index fell 149 points or 1 percent to 15,207.41, bringing its total loss for the week to about 1 percent. [...]

April 6th, 2018   Daily Market Commentary   Canadian Headlines Canada’s equity benchmark gained as Canadian crude prices rose to the highest since 2015, sending energy shares up the most since November. The S&P/TSX Composite Index added 192 points or 1.3 percent to 15,356.05, rebounding from three days of losses. Energy shares jumped 3.4 percent, with Suncor [...]

April 5th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks closed slightly lower on a roller-coaster day as investors evaluated and reevaluated a growing trade spat between the U.S. and China. The S&P/TSX Composite Index lost 16 points or 0.1 percent to 15,164.37, the lowest in nearly two months, after earlier falling as much as [...]

April 4th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks retreated as cannabis companies and gold miners fell, while the loonie was the strongest in nearly a month amid reports that the U.S. wants to announce a preliminary Nafta deal next week. The S&P/TSX Composite Index lost 33 points or 0.2 percent to 15,180.76. Health-care [...]

April 3rd, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks tumbled on the first trading day of the second quarter as retaliatory tariffs from China renewed fears of a trade war, sending oil prices down the most in nearly two months. The S&P/TSX Composite Index lost 154 points or 1 percent to 15,213.45, adding to [...]

April 2nd, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks rose the most in nearly seven weeks, ending the worst quarter in two and a half years on an upbeat note. The S&P/TSX Composite Index gained 197 points or 1.3 percent to 15,367.29 Thursday. With markets closed Friday for a holiday, that brought [...]

March 29th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell for a second day and were on track for the lowest close in more than six weeks as commodity prices retreated and global equity markets were largely in the red. The S&P/TSX Composite Index lost 25 points or 0.2 percent to 15,190.74 [...]

March 28th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell to the lowest in more than six weeks on a rollercoaster day that saw the benchmark gain as much as 0.5 percent and lose as much as 0.8 percent. The S&P/TSX Composite Index fell 82 points or 0.5 percent to 15,216.18, avoiding [...]