Search This Blog
money saving tips for canadians, best saving tips for canadians of all ages. MoneySavings and Canadian news, financial news
Featured
- Get link
- X
- Other Apps
Market Surge Amid Trump's Remarks and Earnings Reports
The S&P 500 achieved a record closing high on Thursday, rising by 0.5% to 6,118.71, marking its first all-time closing high of 2025. This surge was driven by President Donald Trump's comments at the World Economic Forum in Davos, where he called for lower oil prices and interest rates. Trump's remarks have sparked optimism among investors, who are also closely watching corporate earnings reports.
Meanwhile, the Toronto Stock Exchange's S&P/TSX composite index continued its upward trend, rising for the eighth consecutive session. The index climbed 0.24% to reach 25,371.53, its highest level since December 13, 2024. The energy and consumer staples sectors were the top performers, while metal mining shares saw a decline.
Investors remain focused on upcoming earnings reports from major companies, which could provide further insights into market trends and economic health.
Popular Posts
Your lookahead horoscope for the week: March 31, 2024
- Get link
- X
- Other Apps
Aid Ship Departs Cyprus for Gaza Amid Famine Crisis
- Get link
- X
- Other Apps
Comments
Post a Comment