logo

Canadian Commentary

Share

The Canadian stock market is notably lower Wednesday morning with investors pressing sales at several counters, amid rising fears of protracted U.S.-China trade war and falling crude oil prices.

Canadian shares are likely to open on a slightly negative note on Wednesday, with investors looking for direction amid growing signs the U.S.-China trade war is unlikely to end anytime soon.

After a weak start and a subsequent rebound, the Canadian stock market faltered around noon on Tuesday. It staged a recovery again, and after staying sluggish around the flat line for a long time, eventually managed to end modestly higher.

After drifting lower in early trades, led by losses in mining stocks due to weak gold prices, the Canadian stock market recovered and briefly emerged into positive territory by late morning on Tuesday.

Candian shares look headed for a positive opening on Tuesday, tracking gains in Europe, where stocks are up, riding on a temporary reprieve granted to Huawei by the Trump administration.

Canadian shares look headed for a positive opening on Tuesday, tracking gains in Europe, where stocks are up, riding on a temporary reprieve granted to Huawei by the Trump administration.

The Canadian stock market ended lower on Friday, snapping a three-day winning streak, as trade related worries forced investors to stay cautious and refrain from making significant moves.

The Canadian stock market recovered after a weak start on Friday, with a few prominent shares from energy and industrial sections moving higher amid stock specific activity.

Canadian shares look headed for a negative opening on Friday, tracking lower futures and weakness in European markets amid an escalation in U.S.-China trade tensions after Chinese media talked tough, saying U.S. must hold meaningful trade talks.

The Canadian stock market ended higher on Thursday, extending its gains to a third successive session as higher oil prices, upbeat economic data and slightly fading worries about trade war lifted sentiment.

Canadian stocks are gaining in strength Thursday morning, extending gains from recent sessions, with investors reacting positively to economic data out of Canada and the U.S. and on optimism the U.S. and China will work out a trade agreement sometime soon.

A steady trend in European markets and higher Canadian and U.S. futures point to a positive opening for Canadian shares on Thursday.

The Canadian stock market recovered after a weak start ended modestly higher on Wednesday, as reports that the U.S. government was considering to delay imposing tariffs on the auto industry by six months.

The Canadian stock market recovered after a weak start Wednesday morning, and was up with modest gains a little before noon, with information technology shares seeing some strong buying.

The Canadian stock market is likely to open on a cautious note on Wednesday, with weak industrial output and retail sales growth data raising concerns about the impact of U.S.-China trade war on the global economy.

Follow RTT