A late rally pared off earlier losses on the S&P/TSX Composite Index following an eventful July. On the close, the Index ended at 14,468 for the month, down 85 points or -0.6%. The outcome of the Greek debt crisis, increased volatility in the Chinese equity markets and actions taken by the Bank of Canada contributed to the Index’s decline. In addition, strong weakness in commodity and resource prices had many investors moving away from stocks in these sectors towards the safety of the U.S. markets. Continue reading by choosing the link below.
Aviso Weekly Market Pulse: August 24th – 28th
Market developments Equities: Global equities posted broad gains on the week, led by technology and emerging markets. The Nasdaq rose, propelled by Nvidia's blockbuster earnings and outlook that reinvigorated confidence in the AI trade. Early in the week, uncertainty...