Bay Street Likely To Open On Mixed Note

RTTNews | vor 4 Tagen
Bay Street Likely To Open On Mixed Note

(RTTNews) - Canadian shares are likely to open on a mixed note Wednesday morning with investors tracking global cues and reacting to earnings from major Canadian banks. Investors are also awaiting earnings update from U.S.

Bank of Montreal (BMO.TO) reported second-quarter net income of $1,962 million, compared with $1,866 million a year ago. Adjusted net income for the second-quarter came in at $2,046 million this financial year, compared with $2,033 million in the year-ago quarter.

National Bank of Canada (NA.TO) reported net income of $896 million for the second quarter of 2025, down 1% from $906 million in the second quarter of 2024 and diluted earnings per share stood at $2.17 compared to $2.54 in the second quarter of 2024.

Cheniere Energy, Inc. announced today that its subsidiary, Cheniere Marketing, LLC, has entered into a long-term Integrated Production Marketing gas supply agreement with Canadian Natural Resources Limited (CNQ.TO).

The Canadian market closed on a strong note on Tuesday, lifted by gains in real estate, healthcare, consumer staples, financials and consumer discretionary stocks.

The benchmark S&P/TSX Composite Index closed up 195.87 points or 0.75% at 26,269.00, after hitting a fresh record high at 26,300.70.

The market gained amid easing trade tensions following U.S. President Donald Trump's decision to delay the implementation of 50% tariffs on imports from EU.

Asian stocks ended on a cautious note Wednesday despite a strong rally on Wall Street overnight driven by improved U.S. consumer confidence data and a global bond surge.

As trade tensions ease, investors awaited cues from Nvidia's earnings and the release of minutes from the Federal Reserve's May meeting.

The major European markets are weak in lackluster trade as investors await further progress in trade talks between U.S. and its major trading partners.

In commodities trading, West Texas Intermediate Crude oil futures are up $0.36 or 0.57% at $61.25 a barrel.

Gold futures are gaining $21.60 or 0.65% at $3,322.00 an ounce, while Silver futures are up $0.179 or 0.54% at $33.490 an ounce.

read more
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending to its early losses in mid-market trading on Monday, adding to the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying below the 8,450.00 level, with weakness across most sectors led by in iron ore miners and technology stocks.
RTTNews | vor 1Std 19 Minuten
Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Monday, following the mixed cues from Wall Street on Friday, amid rising concerns about the uncertainty surrounding US President Donald Trump's tariff plans. Trump accused China of violating the trade agreement reached last month. Trump has also announced that import tariffs on steel and aluminum will double to 50 percent starting June 4.
RTTNews | vor 1Std 34 Minuten
Sensex, Nifty Seen Flat To Lower At Open

Sensex, Nifty Seen Flat To Lower At Open

Indian shares may drift lower on Monday as investors once again grapple with capricious headlines around Donald Trump's trade regime.
RTTNews | vor 2Std 13 Minuten
Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Monday, extending the sharp losses in the previous session, following the mixed cues from Wall Street on Friday, with the Nikkei 225 falling below the 37,550 level, with weakness across all sectors led by index heavyweights and technology stocks.
RTTNews | vor 3Std 7 Minuten
Losses May Accelerate For Indonesia Stock Market

Losses May Accelerate For Indonesia Stock Market

Ahead of the long holiday weekend for the Ascension, the Indonesia stock market had moved lower in two of three trading days since the end of the three-day winning streak in which it had climbed more than 120 points or 1.7 percent. The Jakarta Composite Index now rests just above the 7,175-point plateau and it's likely to open to the downside again on Monday.
RTTNews | vor 3Std 10 Minuten
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous session, following the mixed cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying above the 8,400.00 level, with weakness across most sectors led by in iron ore miners and technology stocks. Gold miners are the only bright spot.
RTTNews | vor 3Std 24 Minuten
Hong Kong Bourse May Extend Friday's Losses

Hong Kong Bourse May Extend Friday's Losses

The Hong Kong stock market has alternated between positive and negative finishes through the last seven trading days since the end of the two-day winning streak in which it had rallied almost 500 points or 2.2 percent. The Hang Seng Index now sits just beneath the 23,290-point plateau and it's tipped to open lower again on Monday.
RTTNews | vor 3Std 40 Minuten