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New records!
9 April 2021Market Brief It was a good session on Monday for the three major US indexes who closed at record highs, propelled by a rebound in US job growth. The Dow ended up 373.98 to 33,527.19 points, a closing record. The S&P 500 was up 1.4% to 4,077.91 points, also hitting a new high while the NASDAQ […]
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March was good for Wall Street
2 April 2021Market Brief Monday’s session ended without direction. After accumulating gains of 160 points, the Dow finally ended the day up 0.30%. The S&P 500 ended the session down 0.09% while the NASDAQ lost 0.6%. Markets were still suffering from the massive sale of investment firm Archegos Capital for more than $20 billion in shares of a handful […]
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A very volatile week
26 March 2021Market Brief Wall Street started the week strong, supported by lower Treasury yields and gains in the tech sector. The Dow ended up 0.32%, the NASDAQ gained 1.23% while the S&P 500 took 0.70%. “Rates fell and tech stocks rebounded. This is also due to the expiration of the options contracts “which took place on Friday” […]
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Inflation is still a concern
19 March 2021Market Brief Markets started the week strong, supported by confidence from investors in the reopening of the economy. The Dow finished 174 points higher, hitting a new high and posting its seventh consecutive session of gains. The S&P 500, for its part, also closed at a new record, adding 0.65% while the NASDAQ gained 1.1%. […]
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A very busy week
12 March 2021Market Brief The week got off to a bad start for tech stocks, which continued to fall on Monday, dragging down the NASDAQ 2.4% lower. Apple closed 4.2% lower while Netflix and Alphabet both fell 4%. After accumulating more than 600 points in the middle of the session, the Dow finally ended up 300 points. […]
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Difficult week for the markets
5 March 2021Market Brief All three major US indexes rose in February, supported by a strong earnings season, positive news on vaccine rollouts and hopes for another stimulus package. The Dow gained 3.2% for its third positive month in four, while the S&P 500 rose 2.6% and the NASDAQ nearly gained 1% […]
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Markets are worried about inflation
26 February 2021Market Brief Difficult session for the markets on Monday, due to the drop in technology stocks, coupled with the rise in rates on the US 10- and 30-year bonds. The NASDAQ closed 2.46% lower, the Dow 0.09%, and 0.78% for the S&P 500. Apple lost 3%, down more than 9.4% in the last month. Several other stocks had […]
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Oil rally
19 February 2021Market Brief US markets were closed Monday to celebrate “President’s Day.” The indexes uptrend continued at the opening Tuesday helped by the energy sector, up 2.2% due to the sudden arctic cold outbreak in the US. The Dow closed the session again at a new high, edging up 0.20% while the NASDAQ fell 0.34% and […]
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Rally is still on !
12 February 2021Market Brief All three major indexes started the week off on the right foot, opening Monday’s session higher, after closing at new highs on Friday, allowing the indexes to post their best week in two months. Investors were optimistic after Treasury Secretary Janet Yellen spoke Sunday urging Congress to pass President Joe Biden’s stimulus package. […]
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Back to records
5 February 2021Market Brief All three major indexes recovered on Monday from their worst week since October. The Dow gained 229.29 points, or 0.8%, to 30,211.91, supported by Microsoft and Visa. The S&P 500 climbed 1.6% to 3,773.86, posting its best day since Nov. 24 as the NASDAQ jumped 2.6% to 13,403.39 points. “Despite the uncertainty surrounding the […]
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RRSP Guide 2020
2 February 2021Hello everyone, Have you contributed to your Registered Retirement Savings Plan (RRSP) for the 2020 tax year? It is not too late to do so. The RRSP is a program governed by the federal government allowing you to raise funds for retirement exempt from tax while saving on your taxes. In general, any income accumulated […]
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A stock market bubble
29 January 2021Market Brief A big week for Wall Street as investors were waiting for the release important earnings as well as a monetary meeting from the Fed. On Monday, at market close, the Dow lost 0.12%, the NASDAQ was up 0.69%, while the S&P 500 narrowly reached a new high of 3855.36 points up 0.36%. GE […]
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