The Daily

February 9th, 2018   Daily Market Commentary   Canadian Headlines After a couple of relatively calm days, Canadian stocks resumed their streak of triple-digit declines as concerns about rising interest rates re-emerged. The S&P/TSX Composite Index fell 265 points or 1.7 percent to 15,065.61, the lowest in nearly five months. Every sector was in the red, [...]

February 8th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks were unable to hold onto early gains, closing down for the 7th time in 8 days as U.S. oil stockpiles grew the most since September, weighing on energy stocks. The S&P/TSX Composite Index fell 33 points or 0.2 percent to 15,330.58, the lowest since mid-September. [...]

February 7th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks rose for the first time in seven trading days after a turbulent session that saw the benchmark tumble 2.5 percent at the open. The S&P/TSX Composite Index rose 29 points or 0.2 percent to 15,363.93, the first increase since Jan. 26. Cannabis stocks led the gains, [...]

February 6th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell the most in 17 months as a rapid crash in the Dow Jones Industrial Average led North American indexes lower. The S&P/TSX Composite Index fell 271 points or 1.7 percent to 15,334.81, the lowest since mid-September. The benchmark has now lost 5.6 percent in [...]

February 5th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks posted their worst week since January 2016, falling to the lowest in nearly five months amid a broader global rout. The S&P/TSX Composite Index tumbled 255 points or 1.6 percent to 15,606.03. The benchmark fell 3.9 percent on the week as a combination [...]

February 2nd, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell to their lowest close since October after a 4th day of declines, while government bond yields rose to the highest since mid-2014. The S&P/TSX Composite Index lost 91 points or 0.6 percent to 15,860.92. The 4-day retreat was the most in nearly [...]

February 1st, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks were little changed Wednesday, wrapping up their worst January since 2010. The S&P/TSX Composite Index slipped 4 points or less than 0.1 percent to 15,951.67, its lowest close since early December, as declines in energy and financials offset gains in most other sectors. [...]

January 31st, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks posted their biggest two-day losing streak since May amid a broader global selloff that pushed the benchmark’s year-to-date decline to 1.6 percent, the worst performance in the developed world. The S&P/TSX Composite Index tumbled 139 points or 0.9 percent to 15,955.51, the lowest [...]

January 30th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks fell the most since August as every sector but one declined and government bond yields continued to rise, trading at their highest level since 2014. The S&P/TSX Composite Index lost 145 points or 0.9 percent to 16,094.72, the lowest since mid-December. Health-care shares [...]

January 29th, 2018   Daily Market Commentary   Canadian Headlines Canadian companies are increasingly keen to tap the growing demand for floating-rate notes amid expectations the Bank of Canada will continue tightening monetary policy. Most of the new corporate bonds sold since the central bank raised rates this month, its third hike since July, were variable-rate [...]