403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
TSX Looks For Breakout
(MENAFN- Baystreet) Strong Gains for TSX TSX at one-month High Stocks Start Day on Right Foot Futures Fade as Miners Weigh Stocks End Negative Previous Articles Subscribe to Get Small Cap News & Alerts Glenn Wilkins - Friday, May 10, 2024 TSX Looks for Breakout Sun Life in Focus
Futures for Canada's main stock index advanced on Friday, tracking a surge in commodity prices, while investors awaited an employment reading for more clues on the monetary policy path of the country's central bank.
The TSX Composite dumped 31.46 points to conclude Wednesday at 22,290.62.
June futures hiked 0.7% Friday.
The Canadian dollar bowed 0.01 cents to 73.11 cents U.S.
Sun Life Financial on Thursday missed core profit estimates for the first time in 12 quarters, hurt by weakness in the U.S., a region where it has been expanding.
On the economic calendar, Statistics Canada says the economy created 90,000 jobs in April, and the unemployment rate was unchanged at 6.1%.
ON BAYSTREET
The TSX Venture Exchange grabbed 5.93 points, or 1%, Thursday to 595.95.
ON WALLSTREET
U.S. stock futures rose Friday, putting the Dow Jones Industrial Average on track for another winning session.
Futures for the 30-stock index jumped 101 points, or 0.3%, to 39,637.
Futures for the S&P 500 regained 17.75 points, or 0.3%, at 5,256.75.
Futures for the NASDAQ Composite resurfaced 77.5 points, or 0.4%, to 18,292.
The Dow enters Friday riding a seven-day winning streak, its longest since a nine-day run seen in December. The S&P 500 also advanced Thursday, closing above 5,200 for the first time since early April.
Investors have been more optimistic lately after the Federal Reserve indicated the next move is unlikely to be a hike, pointing to a cap on interest rates that could be bullish for equities. A strong earnings season, as well as some softer labour data, have also bolstered confidence in the stock outlook.
Stocks are on pace for a winning week as of Thursday's close. The Dow has gained 1.8%. The S&P 500 captured 1.7% and the NASDAQ Composite was higher by 1.2%.
In Japan, the Nikkei 225 progressed 0.4%, while in Hong Kong, the Hang Seng Index popped 2.3%.
Oil prices climbed 41 cents to $79.67 U.S. a barrel.
Gold prices took on $32.80 to $2,373.10 U.S. an ounce.
Futures for Canada's main stock index advanced on Friday, tracking a surge in commodity prices, while investors awaited an employment reading for more clues on the monetary policy path of the country's central bank.
The TSX Composite dumped 31.46 points to conclude Wednesday at 22,290.62.
June futures hiked 0.7% Friday.
The Canadian dollar bowed 0.01 cents to 73.11 cents U.S.
Sun Life Financial on Thursday missed core profit estimates for the first time in 12 quarters, hurt by weakness in the U.S., a region where it has been expanding.
On the economic calendar, Statistics Canada says the economy created 90,000 jobs in April, and the unemployment rate was unchanged at 6.1%.
ON BAYSTREET
The TSX Venture Exchange grabbed 5.93 points, or 1%, Thursday to 595.95.
ON WALLSTREET
U.S. stock futures rose Friday, putting the Dow Jones Industrial Average on track for another winning session.
Futures for the 30-stock index jumped 101 points, or 0.3%, to 39,637.
Futures for the S&P 500 regained 17.75 points, or 0.3%, at 5,256.75.
Futures for the NASDAQ Composite resurfaced 77.5 points, or 0.4%, to 18,292.
The Dow enters Friday riding a seven-day winning streak, its longest since a nine-day run seen in December. The S&P 500 also advanced Thursday, closing above 5,200 for the first time since early April.
Investors have been more optimistic lately after the Federal Reserve indicated the next move is unlikely to be a hike, pointing to a cap on interest rates that could be bullish for equities. A strong earnings season, as well as some softer labour data, have also bolstered confidence in the stock outlook.
Stocks are on pace for a winning week as of Thursday's close. The Dow has gained 1.8%. The S&P 500 captured 1.7% and the NASDAQ Composite was higher by 1.2%.
In Japan, the Nikkei 225 progressed 0.4%, while in Hong Kong, the Hang Seng Index popped 2.3%.
Oil prices climbed 41 cents to $79.67 U.S. a barrel.
Gold prices took on $32.80 to $2,373.10 U.S. an ounce.
- About Us Contact Us Advertise License Our Content Jobs Disclaimer Privacy Policy
Copyright 1998 - 2024 Baystreet Media Corp. All rights reserved. Nasdaq Stocks: Information delayed 15 minutes. Non-Nasdaq Stocks: Information delayed 20 minutes. Bid and Ask quotation information for NYSE and AMEX securities is only available on a real time basis. Market Data is provided by QuoteMedia. Earnings by Zacks. Analyst Ratings by Zacks
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment