US EditionS&P/TSX Composite up Close to 200 Points, U.S. Stock Markets Also Climb
- On May 27, 2025, Canada's S&P/TSX composite index rose 142.96 points to 26,216.09, while major U.S. Indexes also gained on the same day.
- The rise followed strength in Canada's utility, financial, and technology sectors amid easing jitters over U.S. Tariff threats and optimism about corporate earnings.
- Investors paid close attention to Nvidia’s results for the first quarter, which showed revenue of $18.77 billion and earnings of 76 cents per share, surpassing analyst predictions despite a $4.5 billion expense related to U.S. Export limitations affecting sales to China.
- Nvidia’s shares rose nearly 4% after hours, with earnings excluding the charge at 96 cents per share compared to the 73-cent forecast, highlighting the company’s impact on markets.
- Markets awaited Statistics Canada’s first-quarter GDP report expected around 1.7% growth, while economist Jules Boudreau noted that earnings have driven market gains since 2022 but such momentum may not last indefinitely.
25 Articles
25 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…
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