US EditionS&P/TSX Composite up Close to 200 Points, U.S. Stock Markets Also Climb
- On May 27 and 28, 2025, Canadian and U.S. stock markets experienced notable gains, with the S&P/TSX composite rising sharply in Toronto during late-morning trading.
- This market boost followed strength in utility, financial, and technology sectors, while U.S. Markets were closed earlier for Memorial Day, affecting trading dynamics.
- Meanwhile, Nvidia, a key U.S. Tech company, reported first-quarter earnings of $18.77 billion and 76 cents per share after trading closed, including a $4.5 billion charge linked to U.S. Export restrictions.
- Analysts had expected 73 cents per share excluding charges, and Nvidia’s shares rose nearly four percent in extended trading, underscoring its influence on broader market movements.
- Investors await Statistics Canada’s GDP data amid cautious economic forecasts and easing tariff concerns, while a senior economist noted earnings have driven the market rise since 2022.
20 Articles
20 Articles
Prince George Citizen
S&P/TSX composite edges up, U.S. markets move lower
Canada's main stock index ticked higher and U.S. markets drifted lower on Wednesday, as investors braced for earnings from U.S. tech heavyweight Nvidia after the bell and GDP numbers later in the week. The S&P/TSX composite index rose 14.
Winnipeg Free Press
S&P/TSX composite up more than 100 points, U.S. stock markets also climb
Breaking News, Sports, Manitoba, Canada
@ the Bell: TSX hits record high
Canada’s main stock index reached a new all-time high on Tuesday, driven by strong performance in the real estate sector. The financial sector emerged as the top gainer on the TSX as it reached 26,300.70. This surge followed US President Donald Trump’s decision to postpone proposed tariffs on imports from the European Union. US markets also saw gains after Trump announced over the holiday weekend that he had agreed to delay the implementation of…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources are Center
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
