Canadian Commentary

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Canadian stocks are edging higher Thursday mid morning after displaying some weakness early on, amid a mixed batch of earnings reports and U.S. economic data. While a notable drop in U.S. jobless claims and a positive reading on Chinese manufacturing activity in July are aiding sentiment, a preliminary...

Canadian stocks are set to extend recent gains, tracking strong global markets and data showing a notable drop in U.S. jobless claims. A positive reading on Chinese manufacturing activity in July and the results of a survey by Markit showing an improvement in eurozone private sector activity are likely...

Canadian stocks closed at a record high Wednesday, tracking rising global equity markets, led by gains in telecom shares after BCE indicated it would take Bell Aliant private by acquiring rest of the interest in the company it does not already own. The index also got a boost after Talisman Energy...

Canadian stocks are moving up Wednesday afternoon, buoyed by some corporate deals in energy and telecom sectors. Besides a positive report on Canadian retail sales and some buoyant results from U.S. technology majors, news from the merger & acquisition front are also contributing to the market's rise....

Canadian stocks are likely to open higher Wednesday, extending previous session's gains, with investors tracking some upbeat results from U.S. technology majors. A positive report on Canadian retail sales in May and strong European markets will aid sentiment. With no U.S. economic data due for...

Canadian stocks rose to a record high on Tuesday, tracking rising global equity markets, led by gains in mining and industrial stocks, even as investors reacted to some strong earnings reports. Energy stocks ended higher after the recent upswing in crude oil prices. Some upbeat results from U.S. companies...

Canadian stocks are on the rise Tuesday morning, led by gains in mining and industrial stocks, as investors react to some strong earnings reports. Energy stocks are moving up after a recent upswing in crude oil prices. Besides some upbeat results from U.S. companies, an impressive earnings report...

Canadian stocks are likely to open higher Tuesday, with global investors eying some key tech earnings reports and tracking positive European markets. In economic news, U.S. consumer price inflation rose nearly in line with expectations last month, according to the Labor Department. However, much...

Canadian stocks ended lower Monday, tracking declining global equity markets as mounting geopolitical concerns over last week's downing of a Malaysian Airlines passenger jet over Ukraine and the intensified fighting in Gaza kept investors on the edge. In the absence of any major U.S. economic data,...

Canadian stocks are lower Monday mid morning, with mounting geopolitical concerns hitting global markets. Last week's shooting down of a Malaysian Airlines passenger jet over Ukraine and lingering problems in the Middle East have investors on edge. Activity is stock specific with earnings reports...

Canadian stocks look headed for a weak start Monday due to geopolitical concerns and a lack of positive catalysts. Worries about escalating tensions in Ukraine after the shooting down of a Malaysian Airlines passenger jet last Thursday, and the ongoing conflicts in Israel and the Middle East are likely...

Canadian stocks ended higher on Friday, tracking rising global equity markets and led by energy and industrial stocks. Investors shrugged off the brewing geopolitical tensions following the shooting down of a Malaysian Airlines passenger jet killing all 298 people on board. Investors also ignored...

After a slightly shaky start, Canadian stocks are edging higher Friday morning, shrugging off a couple of disappointing U.S. economic reports. Before the start of trading hours, data from Statistics Canada said Canadian consumer price inflation hit a new 2-year high of 2.4 percent in June. The...

Canadian stocks are likely to move in a tight range Friday, as investors may tread cautiously, tracking news from Ukraine and the Middle East. A negative bias is likely at the start following a report from Statistics Canada showing Canadian consumer price inflation to have hit a new 2-year high of...

Canadian stocks ended lower Thursday, on escalating tensions in eastern Ukraine after a Malaysian Airlines jet crashed close to the Russian border amid allegations it may have been shot down either by pro-Russian rebels or the Russian military. Nonetheless, the loss was limited after some upbeat results...