Canadian Commentary

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Canadian stocks ended a shade higher for a sixth straight session Tuesday, amid a slew of strong earnings and some mixed data from the U.S. with a bigger than expected improvement in consumer confidence in July. Investors also kept a close watch over the developments in Ukraine and the Middle East. Nonetheless,...

Canadian stocks are moving higher Tuesday morning, as investors react positively to a slew of strong earnings reports and data showing a bigger than expected improvement in U.S. consumer confidence in July. However, the mood is somewhat cautious ahead of tomorrow's Federal Reserve decision and a slew...

Canadian stocks are likely to open slightly higher, with investors reacting positively to some strong earnings reports. However, weak crude oil prices and lingering geopolitical worries could limit the market's upside. With the U.S. Federal Reserve slated to come out with its monetary policy statement...

Canadian stocks ended a tad higher for a fifth straight session Monday, amid some disappointing pending home sales from the U.S., despite lingering concerns over the situation in Ukraine and the Middle East. The uptick was led mostly by mining, financial and gold stocks, with energy stocks down on...

Canadian stocks are lower Monday mid morning, as falling crude oil prices hit the energy sector ahead of this week's interest rate announcement from the Federal Reserve. The mood is cautious with investors looking ahead to a slew of U.S. economic data this week. The Fed is widely expected to...

Canadian stocks are likely to open on a slightly subdued note Monday, with investors looking ahead to a slew of earnings reports and U.S. economic data. The major event of the week is the U.S. Federal Reserve's monetary policy statement, due on Wednesday. It is widely expected that the Fed will...

Canadian stocks ended higher for a fourth straight session Friday, amid some upbeat durable goods data from the U.S., despite lingering concerns over the situation in Ukraine and the Middle East. The uptick was led mostly by financial, gold, and material stocks, with energy stocks trending down on some...

Canadian stocks have risen to a new high Friday mid morning, after opening on a slightly weak note amid lingering concerns about the situation in Ukraine. Besides some solid earnings reports, data from the U.S. Commerce Department showing a better than expected rise in durable goods orders is aiding...

Canadian stocks are headed for a slightly weaker opening Friday, tracking lower European markets and on lingering concerns about the situation in Ukraine. Data from the U.S. Commerce Department showing a better than expected rise in durable goods orders may aid sentiment. Meanwhile, the unrest...

Canadian stocks ended a shade higher Thursday, settling at a new record high on some mixed global economic data with gold and energy stocks dipping on declining commodity prices. New home sales in the U.S. plunged over 8 percent in June, offsetting the jump seen in the previous month. Nonetheless,...

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...