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Bay Street Likely To Open On Mixed Note

RTTNews | 21 dni temu

Bay Street Likely To Open On Mixed Note

(RTTNews) - The Canadian market is likely to open on a mixed note on Monday with investors mostly making cautious moves, as the nation goes to the polls today.

Investors will also be closely following the developments on the tariff front. Markets in Europe are up with investors picking up stocks amid optimism the U.S. and China will strike a trade deal sometime soon.

The Canadian market ended slightly lower on Friday, due largely to profit taking after some sharp gains in recent sessions.

The benchmark S&P/TSX Composite Index cloed down 17.02 points or 0.1% at 24,710.51.

Asian stocks closed broadly higher on Monday amid revived hopes for progress in trade talks and expectations of further stimulus from China.

U.S. Treasury Secretary Scott Bessent said the Trump administration is working on bilateral trade deals with 17 key trading partners, not including China, and that the latter needs a de-escalation.

In commodities trading, West Texas Intermediate Crude oil futures are down $0.07 or 0.12% at $62.95 a barrel.

Gold futures are gaining $9.10 or 0.28% at $3,307.50 an ounce, while Silver futures are down slightly at $32.980 an ounce.

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European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

European Stocks Rise In Late Afternoon Trades, Close On Mixed Note

After languishing in negative territory for much of the day's trading session, European stocks closed mixed on Monday with several markets seeing some brisk buying at several key counters past mid afternoon.

RTTNews | 12 minut temu

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Ryanair FY25 Profit Down, But Stock Climbs On Revenue And Traffic Growth, Positive Outlook

Shares of Ryanair Holdings Plc. were gaining around 6 percent in the early morning trading on the Nasdaq after the Irish low-cost airline reported Monday higher revenues and traffic in fiscal 2025, despite delivery delays from aerospace major Boeing Co. The company marked as the first airline in European Union to carry 200 million guests in one year. Meanwhile, Ryanair recorded weak annual profit.

RTTNews | 2g 34 minut temu

U.S. Leading Economic Index Slumps More Than Expected In April

U.S. Leading Economic Index Slumps More Than Expected In April

The Conference Board released a report on Monday showing its reading on leading U.S. economic indicators slumped by more than expected in the month of April. The report said the leading economic index tumbled by 1.0 percent in April after sliding by a downwardly revised 0.8 percent in March.

RTTNews | 2g 54 minut temu

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone Growth Outlook Downgraded; Disinflation To Proceed More Swiftly: EU

Eurozone economic growth outlook was downgraded substantially for 2025 due to the impact of higher trade tariffs and elevated uncertainty and disinflation would proceed more swiftly than anticipated with headline inflation set to hit the 2 percent target by the middle of this year, the European Commission said Monday.

RTTNews | 4g 1 minut temu

Dollar Index Extends Gains On Trade Deal Optimism

Dollar Index Extends Gains On Trade Deal Optimism

Rising optimism surrounding trade deals between the U.S. and its trading partners, and in particular the significant easing in trade tensions between the U.S. and China bolstered the U.S. dollar during the week ended May 16.

RTTNews | 5g 27 minut temu

FTSE 100 Drifts Lower In Cautious Trade

FTSE 100 Drifts Lower In Cautious Trade

U.K. stocks are down in negative territory, losing ground after making a good upmove in the previous week. Investors, awaiting the outcome of a UK - European Union summit in London, are largely making cautious moves.

RTTNews | 6g 3 minut temu

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

CAC 40 Moderately Lower; BNP Paribas Rises On Buyback Announcement

French stocks are down in negative territory on Monday, retreating from a one-month high recorded in the previous session, as investors make cautious moves amid some concerns about global growth following a downward revision in U.S. credit rating.

RTTNews | 6g 46 minut temu

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

Sensex Drops 271 Points In Muted Session; Nifty Ends Below 24,950

Indian shares fell modestly on Monday, with IT stocks leading losses after Moody's downgraded the U.S. credit rating by one notch to Aa1 from Aaa, citing rising levels of government debt and interest payments.

RTTNews | 6g 52 minut temu

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