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The S&P/TSX Composite Index added 0.3% to close at 35,801 on Friday, paring earlier losses as easing oil prices halted the surge in global yields. Oil and fuel prices pulled back following news that the US and Iran had moved closer to an agreement to lift naval blockades on tankers in the Persian Gulf and ease economic
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but
US stock indices closed mixed on Tuesday as the rebound in Treasury yields limited gains from chipmakers. The S&P 500 closed flat, and the Nasdaq 100 rose 0.8% to a record 30,732, while the Dow added 185 points. Another strong session for the AI trade lifted AI infrastructure companies, with the latest catalyst being t
Global equity markets closed mixed, with Europe down and Wall Street ending a volatile week with modest gains. US Treasury yields topped 5%, while Brent crude remained above $100. Asian markets showed mixed performance.
Global equity markets experienced a mixed session on Friday, with gains on Wall Street partially offsetting losses in Europe. Bond yields continued to climb, with US 10-year Treasury yields topping 5%, while currency markets saw the dollar strengthen against the yen. Spot gold and Brent crude prices showed modest movem
US stock indices closed mixed on Friday as Treasury yields rebounded, rekindling concerns about a deteriorating macroeconomic backdrop. The S&P 500 inched 0.2% higher and the Dow inched 95 points lower, while the Nasdaq added 0.7%. The 10-year yield rebounded as persistent uncertainty over Middle Eastern oil supplies d
U.S. stock futures advanced on Monday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Thursday’s mixed close. The positive moves followed a long Independence Day weekend, which saw the Nasdaq Composite move down amid a decline in semiconductor stocks, even while the Dow Jones index surged to record h