Fergal Smith

1 day ago | marketscreener.com | Fergal Smith

(Reuters) -Canada's main stock index rose to a near three-week high on Tuesday, helped by gains for the technology and energy sectors, as some optimism took hold of a letup in the global trade war. The Toronto Stock Exchange's S&P/TSX Composite Index ended up 297.12 points, or 1.2%, at 24,305.98, its highest closing level since April 3.

1 day ago | marketscreener.com | Fergal Smith

TORONTO (Reuters) - The commodity-linked Canadian dollar was the top-performing Group of 10 currencies on Tuesday as investors weighed prospects of trade tensions de-escalating between the United States and China. Wall Street rallied and the U.S. dollar jumped against a basket of major currencies after a report that U.S. Treasury Secretary Scott Bessent had said a tariff standoff with China was unsustainable, and that he expects the situation to de-escalate.

6 days ago | marketscreener.com | Fergal Smith

(Reuters) - Canada's commodity-linked main stock index extended its recent winning streak on Thursday as oil prices climbed and recent volatility in financial markets lost some momentum Toronto Stock Exchange's S&P/TSX Composite Index ended up 86.02 points, or 0.4%, at 24,192.81, its fifth straight day of gains and its highest closing level since April 3. For the holiday-shortened week, the index was up 2.6%, which is the biggest weekly gain since September.

6 days ago | theglobeandmail.com | Fergal Smith

1 week ago | marketscreener.com | Fergal Smith

(Reuters) -Canada's resource-linked main stock index rose on Wednesday to a near two-week high as higher commodity prices, including a continuation of gold's record-setting run, offset concerns that the global trade war could trigger a recession. The Toronto Stock Exchange's S&P/TSX Composite Index ended up 38.86 points, or 0.2% at 24,106.79, its fourth straight day of gains and its highest closing level since April 3.