Positive Start Likely On Bay Street

RTTNews | 5 dagar sedan
Positive Start Likely On Bay Street

(RTTNews) - Canadian shares look headed for a positive start Thursday morning amid prospects of further easing by the Bank of Canada and the Federal Reserve this year. Weak oil and gold prices may weigh a bit and limit market's upside.

In Canadian economic news, small business sentiment in Canada increased to 50.20 points in September from 47.80 points in August of 2025, according to a report from the Canadian Federation of Independent Business.

The Canadian market ended roughly flat on Wednesday despite the Canadian central bank and the U.S. Federal Reserve lowering their interest rates by 25 basis points, as widely expected. The Fed also signaled two more rate cuts this year.

The benchmark S&P/TSX Composite Index climbed to an intraday high of 29,465.14, but shed gains amid high volatility and eventually settled at 29,321.66, up by just 6.43 points or 0.02%.

Asian stocks ended mostly lower on Thursday following a slightly hawkish leaning policy decision from the Federal Reserve.

Investors reacted to hawkish comments from Fed Chair Powell, who said higher goods prices are feeding through to inflation and that the FOMC expects inflation to continue to build into next year.

Chinese shares fell sharply amid trade tensions after China's internet regulator banned domestic tech companies from purchasing Nvidia's RTX Pro 6000D chips.

The major European markets are up in positive territory, reacting to Fed's rate cut move, and prospects of more monetary easing this year.

In commodities trading, West Texas Intermediate Crude oil futures are down $0.25 or 0.39% at $63.80 an ounce.

Gold futures are down $11.50 or 0.31% at $3,706.30 an ounce, while Silver futures are up $0.063 or 0.15% at $42.215 an ounce.

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Asian Markets Track Wall Street Lower

Asian Markets Track Wall Street Lower

Asian stock markets are mostly lower on Wednesday, following the negative cues from Wall Street overnight, amid rising ambiguity over the outlook for interest rates after US Fed Chair Jerome Powell gave little indication about the future path of interest rates. Renewed trade tensions with the United States and the escalating tensions in Europe and the Middle East are weighing on market sentiment.
RTTNews | 14 minuter sedan
Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in five straight sessions, shedding more than 35 points or 2.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it may take further damage again on Wednesday.
RTTNews | 1h 22minuter sedan
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in post-holiday trading on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,450 level, with a lack of direction leading to a mixed performance across most sectors.
RTTNews | 1h 47minuter sedan
Indonesia Stock Market May Be Stuck In Neutral On Wednesday

Indonesia Stock Market May Be Stuck In Neutral On Wednesday

The Indonesia stock market has alternated between positive and negative finishes through the last four trading days since the end of the seven-day winning streak in which it had surged almost 400 points or 5 percent. Now at a fresh record closing high, the Jakarta Composite Index sits just above the 8,125-point plateau although it's due for profit taking on Wednesday.
RTTNews | 1h 52minuter sedan
Lower Open Expected For Hong Kong Stock Market

Lower Open Expected For Hong Kong Stock Market

The Hong Kong stock market has finished lower in two straight sessions, shedding almost 400 points or 1.7 percent along the way. The Hang Seng Index now sits just beneath the 26,160-point plateau and it's tipped open under pressure again on Wednesday.
RTTNews | 2h 7minuter sedan
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,000 mark, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.
RTTNews | 2h 16minuter sedan
China Shares Tipped To Open Under Water On Wednesday

China Shares Tipped To Open Under Water On Wednesday

The China stock market turned lower again on Tuesday, one day after snapping the two-day slide in which it had dropped more than 55 points or 1.5 percent. The Shanghai Composite Index now rests just above the 3,820-point plateau and the losses may accelerate on Wednesday.
RTTNews | 2h 22minuter sedan