Get Even More Visitors To Your Blog, Upgrade To A Business Listing >>

TSX Rebounds; Big Tech Earnings, Bank of Canada Decision Awaited By Investing.com

TSX Rebounds; Big Tech Earnings, Bank Of Canada Decision Awaited By Investing.com

© Reuters.

By Ketki Saxena

Investing.com –Canada’s main stock index, the S&P/TSX Composite index, were in the green by afternoon trading, reversing the morning’s losses.

On Wall Street, the S&P500 and also climbed as Treasury yields retreated, ahead of earnings this week from Big Tech, including Alphabet (NASDAQ:), Amazon (NASDAQ:), Meta and Microsoft (NASDAQ:).

In Canada, investors are also bracing for a monetary policy decision from the on Wednesday. Analysts are expecting a rate-hold from the BoC at 5% after last week’s cooler than expected inflation report.

Canadian Stock Market News

Cormark Securities and CIBC (TSX:). cut their stock price target on Dye & Durham

Enthusiast Gaming Holdings, a US -based gaming media and entertainment firm, announced that it will voluntarily delist from the Nasdaq Stock Market, concentrating its efforts exclusively on the

Aecon Group announced that its subsidiary, Aecon Utilities Group, had received a C$150 million in investment for a 27.5% stake in the unit from funds managed by the Power Opportunities strategy of Oaktree Capital Management

For earnings, view our earnings calendar.

Canadian Stocks Moving Markets Today

Top Gainers on the TSX Today:

  • Brookfield Renewables (NYSE:)
  • Maple Leaf Foods (TSX:)
  • Enghouse Systems (TSX:)

Top Losers on the TSX Today:

  • Dye & Durham
  • Lithium Americas (TSX:)
  • NorthWest Healthcare

For all Canadian Stocks Moving Markets today, view our Canada Markets Page.

In Canadian Economics

The Bloomberg Nanos Canadian Confidence Index showed that consumer confidence was in negative territory about the economy for the first time in more than six months, as Canadians worry about worsening finances.

For all Canadian economic releases, view our economic calendar.

All currencies Canadian Dollar.

The post TSX Rebounds; Big Tech Earnings, Bank of Canada Decision Awaited By Investing.com appeared first on Canadian News Today.



This post first appeared on Canadian News Today, please read the originial post: here

Share the post

TSX Rebounds; Big Tech Earnings, Bank of Canada Decision Awaited By Investing.com

×

Subscribe to Canadian News Today

Get updates delivered right to your inbox!

Thank you for your subscription

×