Market Updates

Our market commentary breaks down the latest business, financial and money news. If you’d like to receive all of our market update emails, send us an email by clicking the subscribe button. If you found this content helpful, share it widely!

Market Update Guest User Market Update Guest User

Banks Add Almost $300B in Cash 

The cash position of Canada's domestic banks, which typically grows at a few percent a year as the carefully tuned balance sheets of banks keep up with economic growth, almost doubled in the first few months of 2020, growing from $310 billion at the end of 2019 to $604 billion at the end of April.

Read More
Market Update Guest User Market Update Guest User

S&P 500 Opens Above 3,000

Today's trading was positive, with the Dow Jones Industrial Average gaining almost 2% from its previous close, and the S&P TSX Composite gaining 0.5%. The big news, however, was the S&P 500 opening above 3000 and closing at 3036.25.

Read More
Market Update Guest User Market Update Guest User

Oil Rallies Above $30/Barrel

Today's trading continued the broadly unspectacular but positive gains we've seen over the past couple weeks. The S&P/TSX Composite Index closed up 0.5%, the Dow Jones Industrial Average closed up 0.6%, and the S&P 500 closed up 0.9%.

Read More