Bay Street Likely To Open On Mixed Note

RTTNews | 209 dias atrás

(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.

Swiss Stocks Close On Firm Note; SMI Hits New Record High

Switzerland's benchmark SMI hit a new record high on Tuesday with stocks staying firm after recovering from a slightly cautious start.

RTTNews | 4 h 48 min atrás

European Stocks Close Broadly Higher

European stocks closed higher on Tuesday with some of the markets hitting fresh highs, amid continued optimism the Federal Reserve will consider more rate cuts next year. The volume of business was thin in most the markets as traders remained on the sidelines ahead of upcoming Christmas holidays.

RTTNews | 5 h 5 min atrás

Canadian Stocks Turning In Mixed Performance

Canadian stocks are turning in a mixed performance on Tuesday with investors digesting the nation's GDP data and a slew of economic reports from the U.S. With truncated sessions and holidays ahead, the mood in the market remains a bit subdued and the volume of business is rather thin.

RTTNews | 5 h 48 min atrás

U.S. Consumer Confidence Deteriorates For Fifth Straight Month In December

Consumer confidence in the U.S. deteriorated for the fifth consecutive month in December, according to a report released by the Conference Board on Tuesday. The Conference Board said its consumer confidence index slid to 89.1 in December from an upwardly revised 92.9 in November.

RTTNews | 7 h 44 min atrás

U.S. Industrial Production Rises 0.2% In November, Slightly More Than Expected

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November. The Fed said industrial production rose by 0.2 percent in November after edging down by 0.1 percent in October. Economists had expected industrial production to inch up by 0.1 percent.

RTTNews | 7 h 48 min atrás

U.S. Economy Grows Much More Than Expected In Q3

A report released by the Commerce Department on Tuesday showed the U.S. economy grew by much more than expected in the third quarter of 2025. The Commerce Department said real gross domestic product spiked by 4.3 percent in the third quarter after surging by 3.8 percent in the second quarter. Economists had expected GDP to jump by 3.3 percent.

RTTNews | 8 h 9 min atrás

U.S. Durable Goods Orders Plunge 2.2% In October, More Than Expected

Reflecting a steep drop in orders for transportation equipment, the Commerce Department released a report on Tuesday showing new orders for U.S. manufactured durable goods fell by more than expected in the month of October. The report said durable goods orders tumbled by 2.2 percent in October after climbing by an upwardly revised 0.7 percent in September.

RTTNews | 8 h 23 min atrás

U.S. Industrial Production Rises Slightly More Than Expected In November

A report released by the Federal Reserve on Tuesday showed industrial production in the U.S. increased by slightly more than expected in the month of November.

RTTNews | 8 h 43 min atrás

EURUSD	1.17932	GBPUSD	1.35124	AUDUSD	0.66982
USDJPY	156.209	USDCAD	1.36876	USDCHF	0.78727