April was a month of divergence for global equities, as Europe, Asia and even Canada posted firm gains while U.S. stocks languished over rising interest rates. A sharp rise in U.S. bond yields was the main factor behind Wall Street’s underperformance despite an impressive earnings season characterized by stronger than expected profitability and revenue growth.
The very real risk of an all-out trade war between superpowers cast a dark shadow over stocks last month. A large selloff at the beginning of April also set the tone for what could be a difficult quarter for the markets. The Return of Volatility Volatility returned to Wall Street in March, with the CBOE
Global equity markets have made a strong comeback through the first half of March, led by a tech-driven resurgence on Wall Street. However, the rise of protectionism in Washington has presented investors with new political and economic risks. Wall Street Leads Global Rebound After an extremely volatile February, U.S. stocks are back in positive territory
The sharp divergence between Canadian and U.S. equity markets intensified in January, as Wall Street scored its best month in nearly two years while the TSX ended lower. The currency markets were also highly volatile after a NAFTA spat prolonged the U.S. dollar’s woes. Wall Street’s Massive Rally Despite a rough finish, U.S. stocks capped
Global stock markets started the year on a high note, with Wall Street and Europe scoring their biggest weekly gain in at least eight months.[1] The lively start to the year resumes recent trends for stocks following a somewhat subdued end to December. Record-Setting Week for Wall Street Wall Street delivered its biggest one-week advance
Wall Street extended its record-setting pace in December, as Republicans converged on a new tax reform bill that is expected to add nearly $1.5 trillion to the federal debt over the next decade.[1] In alternative assets, Bitcoin prices more than doubled as some major exchanges officially entered the cryptocurrency market. Tax Reform Optimism Lifts U.S.
U.S. stocks ended the month of November at record highs, with the Dow Jones Industrial Average closing above 24,000 for the first time. North of the border, Canadian stocks rallied by the most in two months as energy shares rose following a renewed commitment from OPEC to extend output cuts. Dow Hits 24,000 After a
North American equity markets are back in the driver’s seat ahead of U.S. holidays, a sign that investors are looking toeke out additional gains before the end of the year. TSX Returns to Strength Canadian stocks returned to strength after a volatile middle of the month, with the benchmark S&P/TSX Composite Index rising for four
North American and European markets posted healthy gains in October, as rebounding energy prices and a synchronized global recovery fueled risk appetite at the start of Q3. TSX Roars Back October was the month that Canadian stocks made a roaring comeback, fueled by stronger bank and energy shares. The benchmark S&P/TSX Composite Index notched multiple
October has been a favourable month for North American markets, with Wall Street resuming its record-breaking run and the TSX notching fresh eight-month highs. Upbeat earnings, rebounding financials and a nearly six-month high in energy prices have underpinned the latest equities rally. Wall Street: The Bull Keeps Running U.S. stocks are up across the board
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