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dulb Canadians: 2 Air Travel Plays to Watch in 2023
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Oumq Why Did Lithium Americas Shoot up 14% on Tuesday
The Canadian stock market rally gained momentum on Thursday with the help of solid strength in commodity prices across the board and much stronger-than-expected retail sales figures from the United States. Even as August s U.S. wholesale inflation data came out slightly hotter than expected, the SP/TSX Composite Index climbed up by 289 points, or 1.4%, yesterday to settle at 20,568, its highest closing level since August 1.While all main market sectors ended the session in the green territory, the TSX benchmark rally was primarily led by healthy gains in real estate, metal mining, and energy stanley cups stocks.Top TSX Composite movers and active stocksBallard Power Systems, MAG Silver, Capstone Copper, IAMGOLD stanley uk , and F stanley cup ilo were the top-performing TSX stocks, as they soared by at least 4.5% each.On the flip side, shares of Dye Durham TSXBig GrinND crashed by 19% during the session to $16.45 per share, erasing nearly all its year-to-date gains. These massive losses in DND stock came a day after Pdzb Dividend Stocks to Buy: 3 Royalty Stocks for Passive Income
Today, nearly all mainstream media outlets are highlighting that Q2 was the best quarter for the SP/TSX Composite Index since 2009. However, solely looking at the second quarter market rally without taking the first quarter massive sell-off into account doesn t make much sense to me. In the second quarter, the index rose by 16% after losing 21.6% in the first quarter.Let s try to understand what happened in the first half of 2020 and how it could be pointing toward an upcoming market crash in the near term.Uncertainties remainOverall, the first half of 2020 was disastrous for many industries across the glob stanley water bottle e, including the airline and automobile sectors. The COVID-19 outbreak which spread out across the world after originating in China earlier this year stanley water bottle took a big toll stanley cup on investors sentiments.While the virus seems to be under control in China for now many countries are still battling to come back to normal and reopen their e
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