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...
6
4
2
Report
72608375
:
do we think CAD stocks are going to continue to trend downward leading into Trudeau’s resignation guys? whats the word
Kasam
72608375
:
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
Good morning mooers! Here are things you need to know about today's market: ● S&P/TSX 60 Index Standard Futures are trading at 1,517.20, up 0.05% from previous close ● Fall economic statement update responds to trump presidency, deficits expected to widen ● Barrick considers shutting down Mali gold mine amidst dispute with government ● Imperial oil ltd seeks additional government...
Canada's main stock index posted modest gains as shares of Shopify and Air Canada rallied. The$S&P/TSX Composite Index (.SPTSX.CA)$rose 0.04% to close at 21,796.09 on Wednesday. The gauge swung between gains and losses amid the push and pull between metal producers and energy stocks. The blue chip$S&P/TSX 60 Index (.TX60.CA)$slipped 0.03% to 1301.77. $Air Canada (AC.CA)$climbed 5.4% to C$17.54, helping the broader market close in positive terr...
With the increasing global turmoil and geopolitical uncertainty, the price of gold continued to hit new highs in 2024. Investors have also begun to pay attention to investment categories related to gold, such as spot gold, gold ETFs, etc. For Canadian investors, there is another potential option, which is gold mining stocks. The first quarter financial report season of the Gold Miners Index (GDX) has just passed, and all companies have achieved ste...
Gold climbed to a record and silver advanced as the dollar weakened, boosting the investment appeal of the precious metals and curbing the cost of acquiring the asset for holders of other currencies. $Gold Futures(APR5) (GCmain.US)$rose $31.90, or 1.3%, to settle at $2,417.40 an ounce on Comex. That's the all-time high close for a most-active contract, according to Dow Jones Market Data. The precious metal also r...
From the point of view of globalization and comparative advantages, there exist considerable opportunites in the natural resource sector of Canada. Among others, mining is an important natural resource sector. Geographically speaking, vast majority of land of Canada is covered by the Canadian shield, which is essentially exposed rock. The Canadian Shield is one of the world's richest areas in terms of mineral ores. The Canadian mining companies also have operation...
6
1
Report
Kevin Matte
:
kinross, alamos gold, fortuna silver mines
Hello mooers! Check out the latest market dynamics of the metals and mining industry over the past week. •Base metals: Industrial metals fall due to a lack of buying interest in China •Precious metals: Gold, silver fell 2.1% and 4.1% respectively •Bulk commodity: Thermal coal rose 8% Spot Price Snapshot Key Price Moves $Copper Futures(MAR5) (HGmain.US)$and$Aluminum Futures(APR5) (ALImain.US)$, along with ot...
Indexes finished in the green after an AI stock pullback on Friday. The $S&P 500 Index traded 1.21% higher on preliminary numbers for the day in New York. The $Dow Jones Industrial Average gained 1.02%, and the $Nasdaq Composite Index rose 1.42%. MACRO $U.S. 2-Year Treasury Notes Yield (US2Y.BD)$fell to 4.974 this morning after hitting 5% briefly last week, while$U.S. 10-Year Treasury Notes Yield (US10Y.BD)$slipped to 4.62. ...
The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector. The "Big Five" refers to Canada's five largest banks—Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, and Canadian Imperial Bank of Commerce—which dominate and significantly influence the country's financial sector.
72608375 : do we think CAD stocks are going to continue to trend downward leading into Trudeau’s resignation guys? whats the word
Kasam 72608375 : 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
ULTRASURFERJOEGOMANG : USA =
WELCOME CANADIANS !