Bay Street Likely To Open On Mixed Note

RTTNews | 9日前

(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.

U.S. Dollar Higher After Strong Jobs Data

The U.S. dollar firmed against its major counterparts in the New York session on Friday, following the release of better-than-expected nonfarm payrolls report for May.

RTTNews | 13時44分前

Swiss Market Ends Modestly Higher

After a flat start and a subsequent modest upmove, the Switzerland market turned subdued and fell into negative territory by noon on Friday, but recovered gradually to finally end the day's session on a positive note.

RTTNews | 15時16分前

European Markets Close Higher

The major European markets closed slightly higher on Friday, supported by data showing stronger-than-expected jobs growth in the U.S., and an upward revision in eurozone first-quarter GDP. Weak industrial production data from Germany and France, and persisting concerns about U.S. tariffs limited markets' upside.

RTTNews | 15時42分前

CPSC Recalls: 3.8 Mln Dumbbells, 1.7 Mln Air Conditioners, Golf Cars, CO Detectors, Casters, E-Bikes

The U.S. Consumer Product safety Commission or CPSC has announced various recalls including around 3.8 million units of dumbbells by Johnson Health Tech Trading, 1.7 million air conditioners by Midea America Corp., around 352 thousand units of Yamaha golf cars including previously recalled ones, and around 50 thousand units of Apollo America's Combination Smoke and Carbon Monoxide or CO Detectors.

RTTNews | 16時19分前

TSX Pares Some Gains After Hitting Fresh Record High

Canadian stocks are up in positive territory in late morning trade on Friday, amid slightly easing concerns about tariffs following somewhat encouraging phone calls between the U.S. President Donald Trump and Chinese Premier Xi. Investors are also digesting the nation's jobs data, as well the non-farm payrolls data from the U.S.

RTTNews | 17時20分前

U.S. Job Growth Slightly Exceeds Estimates In May

Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 139,000 jobs in May after jumping by a downwardly revised 147,000 jobs in April.

RTTNews | 19時24分前

U.S. Employment Jumps Slightly More Than Expected In May

Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday.

RTTNews | 20時31分前

Bay Street May Open Slightly Higher; U.S., Canadian Jobs Data In Focus

Higher Canadian and U.S. futures point to a slightly positive start on Bay Street Friday morning. The focus is on the crucial jobs data from Canada as well as the U.S. Lingering concerns about trade tensions may weigh on sentiment and limit market's upside.

RTTNews | 20時46分前

EURUSD	1.13988	GBPUSD	1.35319	AUDUSD	0.64986
USDJPY	144.822	USDCAD	1.36936	USDCHF	0.82199

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Bay Street Likely To Open On Mixed Note