Market Herald logo

Subscribe

Be the first with the news that moves the market

A broad-based rally was led by strength in the financial and technology sectors as Canada’s main stock index gained more than 300 points in Tuesday trading. Shopify was a major gainer on the day, while south of the border, growth stocks such as Tesla, Microsoft, Meta, and Amazon also climbed higher.


Sponsored by
good natured products announces preliminary revenue & gross margin estimates for q2 2022


Wall Street’s main indexes rose as earnings season moves shifts to high gear, with investors keeping a close eye on the impact of higher inflation on demand and what a stronger dollar means for overall profits.

Today in the Markets

TSX 18,937.71 +342.89 TSX
TSXV 606.74 +9.14 TSXV
CSE 279.80 +5.41 TSXV
DJIA 31,827.05 +754.44 DJIA
NASDAQ 11,713.15 +353.10 NASDAQ
S&P 500 3,936.69 +105.84 S&P 500

The Canadian dollar traded for 77.68 cents US compared to 77.09 cents US on Monday.

US crude futures traded 1.34 per cent higher at $104.00 a barrel, while the Brent contract gained 0.97 of a per cent to $107.30 a barrel.

The price of gold was up US$3.34 to US$1,712.12.

In world markets, the Nikkei was up 173.21 to 26,961.68, the Hang Seng was down 185.12 points to 20,661.06, the FTSE was up 73.04 points to 7,296.28, and the DAX was up 348.60 points to 13,308.41.


Get @ the Bell delivered to your email inbox every day!

Sign Up Here





DISCLAIMER: By viewing any material on or distributed by The Market Herald Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.

Any holdings, theories, speculation or trades appearing anywhere on The Market Herald network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. The Market Herald and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by The Market Herald and other Information Providers on an “as is” basis, and The Market Herald and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall The Market Herald and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.


More From The Market Herald

" @ the Bell: Another red day for the markets

Losses in the energy and technology sectors helped push Canada’s main stock index to a steep decline on Tuesday.
The Market Herald Video

" Sirios (TSXV:SOI) announces indicated & inferred gold resources the Cheechoo deposit

Sirios Resources (SOI) reported an updated resource estimate for the Cheechoo project.
The Market Herald Video

" Nextech AR Solutions (CSE:NTAR) (OTCQB:NEXCF) announce record-setting views for a single 3D/AR ad

Nextech AR Solutions Corp.  (NTAR) has announced a record-setting number of views for a single 3D/AR ad. 
The Market Herald Video

" RevoluGROUP Canada’s (TSXV:REVO) RevoluSEND and RevoluTRANSFER extend financial reach to 120 countries

RevoluGROUP Canada (REVO) announced that RevoluSEND and RevoluTRANSFER now include the United Kingdom.