MAY 25·baystreet.ca▲
More Upward Progress for TSX
Monday, the TSX Composite rose 359.53 points (1%) to close at 34,830.89, with investors citing hopes for reduced U.S.-Israel-Iran tensions. The Canadian dollar edged up to 72.46 U.S. cents. Gold and gold stocks led gains: Aya Gold & Silver +7% and Hudbay Minerals +8.9%. RBC +$2.18 to $264.15, TD +1.2% to $156.56. Oil fell to $90.87; gold rose to $4,570.30.
MAY 25·baystreet.ca▼
Housing, Employment Numbers Featured in Short Week in U.S.
The article previews a short U.S. and Canada market week after Memorial Day, highlighting housing, confidence, jobs, and earnings. It lists U.S. EPS results for PDD, AutoZone, Elbit, Salesforce, Synopsys, Marvell, Costco, Dell, and Autodesk, plus Canada banks’ and other firms’ EPS. Key data include S&P Case-Shiller (March), jobless claims and durable goods (May 23/April), and Canada payroll employment and GDP.