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Cautious Trading as Investors Await Key Data

  Markets opened cautiously this morning as investors weighed mixed earnings, shifting rate expectations, and another volatile session in commodities. TSX The TSX opened slightly higher, supported by financials and energy, though gains remain modest as traders await fresh economic data later this week. S&P 500 U.S. markets are mixed, with the S&P 500 drifting lower as tech stocks continue to face pressure from rising bond yields and softer forward guidance from several large-cap names. Oil Oil is steady after yesterday’s pullback, with traders watching Middle East supply signals and U.S. inventory data expected tomorrow. Canadian Dollar The CAD is trading slightly weaker against the USD, reflecting cautious sentiment ahead of the Bank of Canada’s next rate communication. What’s Moving Winners: Energy names, select Canadian banks, gold miners Losers: Tech, consumer discretionary, rate‑sensitive sectors
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S&P 500 Soars to Record High Two Days After Trump's Inauguration

In a remarkable turn of events, the S&P 500 index reached a record high just two days after President Donald Trump's inauguration. The market surged by 0.81%, briefly trading above 6,100, driven by renewed optimism around Trump's trade policies. Investors seemed unfazed by Trump's tariff threats, focusing instead on the potential benefits of his administration's economic plans.

The Dow Jones Industrial Average also saw gains, rising by 127 points, while the Nasdaq index climbed 1.5%. Analysts attribute the market's performance to strong earnings reports and Trump's more moderate tone on trade compared to his campaign promises.

As the new administration settles in, market watchers are keenly observing how Trump's policies will shape the economic landscape in the coming months.




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