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Canadian Money Brief: Weekly Market Snapshot — May 26–30, 2026

TSX Composite: Resilient Near Record Highs It was a steady week for the S&P/TSX Composite, with the index trading just above the 34,500 level heading into Friday's close — not far from its 52-week high of 34,846. The market found support from several directions: optimism around a potential US–Iran ceasefire extension, strong performances in technology, mining, and industrial names, and falling bond yields following weaker-than-expected economic data. On the sector level, tech and metal mining led gains, while energy producers were mixed after oil prices pulled back from recent highs. Among the big banks, RBC, TD, and BMO each climbed roughly 1% on the week, helped by lower inflation concerns easing pressure on borrowing costs. Gold miners also had a solid run — Agnico Eagle added over 0.5% and Franco-Nevada advanced close to 1%. Year-to-date, the TSX is up approximately +9.3% , placing it third among major global indexes, behind Japan's Nikkei 225 (+29.1%)...

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Wall Street Opens 2025 with a Dip as Tesla's Delivery Woes Weigh Down Market


Wall Street kicked off 2025 on a somber note as the Dow Jones Industrial Average fell by 248.02 points (-0.58%) to 42,296.20. The S&P 500 and Nasdaq Composite also experienced slight declines, with Tesla's disappointing delivery figures being a significant drag on the market.

Despite the overall market downturn, there were some bright spots. Chipmakers Nvidia and Broadcom saw their shares rise, and crypto-linked stocks like **MicroStrategy** also gained. Analysts remain optimistic about the year ahead, predicting strong growth, albeit at a slower pace compared to previous years.

Investors are now looking ahead to see if the market can recover from this initial stumble and build momentum as the year progresses.




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