The Daily

October 26, 2017   Daily Market Commentary Canadian Headlines Canada’s stock benchmark posted its biggest drop in two weeks amid declines in industrial, energy and financial shares, while the loonie fell to its lowest since July. The S&P/TSX Composite Index lost 50 points or 0.3 percent to 15,854.77. The industrial sector was the biggest decliner, [...]

October 25, 2017   Daily Market Commentary Canadian Headlines Canadian stocks came within a point of their all-time closing high before moderating their gains, with energy stocks moving into the red. The S&P/TSX Composite Index rose 49 points or 0.3 percent to close at 15,905.14. The benchmark rose as much as 0.4 percent earlier in [...]

October 24, 2017   Daily Market Commentary Canadian Headlines Canadian stocks were little changed after giving up earlier gains, as declines in energy shares offset increases in most other sectors. The S&P/TSX Composite Index closed down 1 point or less than 0.1 percent to 15,855.76 after earlier rising as much as 0.3 percent. The energy [...]

October 23, 2017   Daily Market Commentary Canadian Headlines President Donald Trump’s threat to tear up the North American Free Trade Agreement is falling on deaf ears in Canadian markets. Magna International Inc. and other Canadian companies that rely on trade with the U.S. and Mexico are rising even as Trump attacks the “worst trade deal ever [...]

October 20th, 2017   Daily Market Commentary Canadian Headlines Having built an impressive lead in artificial intelligence, Canada is keen to do the same in driverless cars -- specifically the lidar (laser radar) technology that lets these vehicles see where they’re going. The nation’s main contender is LeddarTech Inc. The Quebec City-based company makes solid-state technology [...]

October 19th, 2017   Daily Market Commentary Canadian Headlines A C$1.7 billion ETF tracking the biggest Canadian stocks is indicating the recent rally has more room to run. Shares in the Horizon S&P/TSX 60 Index ETFrecently formed a golden cross trading pattern, meaning the short-term moving average has broken above the long-term moving average -- a buy [...]

October 18th, 2017   Daily Market Commentary Canadian Headlines Canadian stocks edged closer to an all-time high as an aerospace deal sent Bombardier Inc. shares soaring and the telecom sector rose ahead of earnings. The S&P/TSX Composite Index added 14 points or 0.1 percent to 15,816.90, the highest close since February. Telecom shares led the [...]

October 17th, 2017   Daily Market Commentary Canadian Headlines Canadian stocks were less than 150 points shy of their closing record as gains in oil and copper drove a gauge of commodities to its highest level in six months. The S&P/TSX Composite Index fell 4.5 points or less than 0.1 percent to 15,802.70 at the market close [...]

October 16th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks inched closer to an all-time high, touching their highest level in eight months as the telecom, energy and financial sectors boosted the benchmark. The S&P/TSX Composite Index rose 65 points or 0.4 percent to 15,807.17, the highest close since Feb. 22. The benchmark [...]

October 13th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks fell the most in five weeks as energy shares tumbled following a bearish report on crude prices from the International Energy Agency. The S&P/TSX Composite Index lost 58 points or 0.4 percent to 15,742.20, the biggest drop since Sept. 5. The energy sector fell 1.1 [...]