Canadian Commentary


Lower U.S. and Canadian futures and choppy European stocks point to a cautious start on Bay Street Friday morning.

Canadian stocks moved sharply lower during trading on Thursday, extending the downward move seen over the two previous sessions.

The Canadian market is on course to end on a weak note on Thursday, extending recent losses, as stocks from across several sectors are reeling under sustained selling pressure amid rising fears about a possible recession.

Sharply lower U.S. and Canadian futures and weak European markets point to a gap down opening for stocks on Bay Street on Thursday.

The Canadian market ended notably lower on Wednesday after languishing in the red almost the entire duration of the trading session, as worries about tighter policy and possibility of a recession rendered the mood quite bearish.

The Canadian market, which slipped after edging up marginally Wednesday morning, continues to languish in negative territory around late afternoon with stocks from several sectors reeling under sustained selling pressure.

Canadian shares are likely to open on a mixed note on Wednesday, with investors tracking weak European stocks and higher crude oil prices.

Despite opening on a firm note and holding in positive territory till a little before noon, the Canadian market slipped into the red and ended on a weak note on Tuesday.

Canadian shares are turning in a mixed performance Tuesday afternoon, having come off early highs amid cautious moves by investors.

Canadian shares look headed for a positive start Tuesday morning, tracking firm European markets and higher crude oil prices amid news China has eased Covid-19 restrictions in the country.

The Canadian market ended on a strong note on Monday, extending gains to a second straight session, after having hit a new 52-week low last Thursday.

The Canadian market is up firmly in positive territory Monday afternoon and looks set to end the session on a strong note.

Modestly higher Canadian and U.S. futures and steady commodity prices point to a positive start for Canadian stocks Monday morning.

The Canadian stock market ended on a buoyant note on Friday, rebounding strongly after suffering its worst setbacks in three months a day earlier.

The Canadian market is high up in positive territory Friday afternoon with stocks across the board scoring impressive gains on sustained buying interest.

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