It was a volatile, but positive week for North American markets as investors aggressively sold off a stronger-than-expected US CPI Inflation report on Tuesday. Despite Tuesday being the worst day for the market in almost a year......
Stocks have rallied sharply the last 3-4 months. In fact, the S&P 500 hit a new record of 4,999.89 in Wednesday trading – a mere 0.0002% away from the 5000 level. Directionally, we think the market has this right, with the recent rally powered......
Market wrapped up yet another week of gains that saw some major US indices hit new all-time-highs. This despite the US Federal Reserves’ inference that a March rate cut is not their base-case-scenario......
US Markets finish off another winning week, fueling calls that a new bull market has already begun. Despite muted performance today, the S&P 500 has climbed for the past six sessions and closed at a record high for five straight trading days......
Weakness in US stocks during the first few days of January raised some concerns for investors but on Friday the S&P500 rose to an all-time high. This momentum comes on the back of the longest winning streak for US stocks in 20 years.....
Thank you 2023, you were a welcomed reminder that equity markets can indeed go higher after an absolutely dreadful 2022. With the Canadian and US economies having so far avoided recession, inflation retreating, and visions of rate cuts dancing......
Wall Street extended its rally this week after dovish Federal Reserve signals raised optimism the world’s largest economy will be able to avert a recession. North American benchmarks surged with the S&P 500 fast approaching its record......
North American benchmarks took a much-deserved breather this week following a string of five consecutive weekly gains for most major indices. Nothing in particular was driving markets as we enter a seasonally quiet period......
Thank you, November! Global markets ended a dreadful 3-month period of declines with a bang this month. Both the Dow Jones and S&P 500 finished November with a 8% gain, while the Nasdaq advanced roughly 10%......
Continuing a streak of gains not seen since the depths of the pandemic, North American markets moved higher for a fourth consecutive week as data continues to show a slowing of inflation. After a brief acceleration in late summer, U.S......