Canadian Commentary

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Canadian stocks snapped a four-day gain to end sharply lower Wednesday, on some disappointing data showing an unexpected drop in Canadian retail sales and worries over the health of the global economy prompted investors to trim positions. All major sub-indices ended in the red, led by resource and...

Canadian stocks are lower Wednesday morning, retreating after four successive days of strong gains. Data showing an unexpected drop in Canadian retail sales and worries about the health of the global economy have prompted investors to trim positions. According to a report from Statistics Canada,...

Canadian stocks are likely to take a breather Wednesday morning, having rallied sharply in the past few sessions. Investors are looking ahead to the interest rate decision from Bank of Canada, due at 10 am ET. Lingering concerns about eurozone economy and a lack of positive catalysts could drag...

Canadian stocks surged to end higher for a fourth straight session on Tuesday, led by natural resource stocks on higher commodity prices and fairly impressive economic data from the U.S. and China aiding sentiment. Expectations that the European Central Bank will announce further stimulus to revive...

Canadian stocks are moving higher Tuesday morning, extending gains to a fourth successive session, with higher commodity prices and fairly impressive economic data from the U.S. and China aiding sentiment. Expectations that the European Central Bank will announce further stimulus to revive the eurozone...

Canadian stocks are likely to open higher Tuesday, extending recent gains on positive global cues. A rally in European markets amid expectations that the European Central Bank will announce further stimulus to revive the eurozone economy, is expected to aid sentiment. Speculation that the U.S....

Canadian stocks ended higher for a third straight session on Monday, led mainly by mining stocks with bullion prices forging ahead, although somewhat pegged back a little by the sluggishness in the financial and energy sectors. The uptick was also supported by some upbeat domestic data with wholesale...

Canadian stocks are quite sluggish Monday morning, with investors reluctant to snap up equities amid global economic jitters. The mood is cautious with investors looking ahead to China's industrial production and GDP data, due tomorrow. A disappointing earnings report from U.S. technology major...

Canadian stocks are likely to open lower Monday, weighed by a disappointing earnings report from U.S. technology major IBM. Data from Statistics Canada showing 0.2 percent increase in Canadian wholesales sales in August, against a revised 0.2 percent decline in July, could aid sentiment. Technology...

Canadian stocks surged ahead to end higher for a second day in a row on Friday, tracking rising global equity markets and supported by strong buying in energy, financial, and mining stocks after some upbeat economic data from the U.S. Investors indulged in another round of strong buying after previous...

Canadian stocks are surging higher Friday morning, with investors indulging in another round of strong buying after previous session's rebound from eight-month lows. Worries about the global economy have subsided a bit after the release of some upbeat data out of the U.S. After yesterday's impressive...

Canadian stocks are likely to open higher Friday, extending a rebound from 8-month lows on hopes that recent jitters about the global economy have been overblown. Investors will also be digesting a report from Statistics Canada that said Canadian consumer price inflation edged down to 2 percent in...

Canadian stocks snapped a four-day loss to end sharply higher on Thursday, on some mixed economic data from the U.S. and investors opting for some bargain hunting after recent steep losses that had sent the market crashing down to an eight-month low. In some upbeat economic news from the U.S., initial...

Canadian stocks are bouncing back after a weak start Thursday, with investors indulging in some bargain hunting after recent steep losses that had sent the market crashing down to an eight-month low. U.S. initial jobless claims declined to the lowest level in fourteen years, while industrial production...

Canadian stocks are on course to extend their slide Thursday, with falling crude oil prices and a weakening loonie hurting sentiment. Markets are unlikely to be cheered by a report from the U.S. Labor Department showing jobless claims declined by 23,000 to 264,000 in the week ended October 11, the...