Bay Street Likely To Open On Mixed Note

RTTNews | 206 dni temu

(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.

Canadian Dollar Falls Against Most Majors

The Canadian dollar dropped against its most major counterparts in the New York session on Friday.

RTTNews | 1 dni temu

Swiss Market Ends Modestly Higher As Stocks Rise In The Final Hour

After some positive moments till about an hour after the opening bell Friday morning, and a subsequent long spell in negative territory, the Swiss market climbed higher in the final hour to close on a firm note.

RTTNews | 1 dni temu

European Markets Close Higher As Stocks Recover After Cautious Start

European stocks closed higher on Friday, and several markets in the region climbed to fresh highs, with investors reacting to the interest rate decisions by major central banks. Expectations of more monetary easing by the Federal Reserve contributed as well to the positive mood in the markets.

RTTNews | 1 dni temu

TSX Climbs To New Record High As Technology, Materials Stocks Rise

After opening on a firm note, Canadian stocks gained further ground in positive territory Friday morning with several counters in materials, technology and healthcare sectors attracting strong buying interest.

RTTNews | 1 dni temu

U.S. Consumer Sentiment Rebounds Less Than Previously Estimated In December

Consumer sentiment in the U.S. rebounded by less than previously estimates in the month of December, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for December was downwardly revised to 52.9 from a preliminary reading of 53.3. Economists had expected the index to be upwardly revised to 53.4.

RTTNews | 1 dni temu

U.S. Existing Home Sales Rise Less Than Expected In November

Existing home sales in the U.S. saw a modest increase in the month of November, the National Association of Realtors revealed in a report released on Friday. NAR said existing home sales rose by 0.5 percent to an annual rate of 4.13 million in November after jumping by 1.5 percent to an upwardly revised rate of 4.10 million in October.

RTTNews | 1 dni temu

Russia Cuts Key Rate By 50 Bps As Expected

Russia's central bank cut its interest rate by 50 basis points on Friday but reiterated that it will maintain policy tight to bring inflation back to the target. The Board of Directors, led by Governor Elvira Nabiullina, decided to cut the key rate to 16.00 percent from 16.50 percent. The decision matched market expectations. The bank has lowered the interest rate by 400 basis points since Jun

RTTNews | 1 dni temu

Bay Street May Open Slightly Higher

The Canadian market, which snapped a four-day losing streak on Thursday, looks headed for a positive start Friday morning. Canadian retail sales data, and U.S. PCE reading are likely to make an impact.

RTTNews | 1 dni temu

EURUSD	1.17054	GBPUSD	1.3377	AUDUSD	0.661
USDJPY	157.739	USDCAD	1.38	USDCHF	0.7953