2022-11-24 13:10:09

Bay Street Likely To Open Higher

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RTTNews
By Rtt News Staff Writer

Canadian shares are likely to open higher on Thursday as firm metal prices and rising optimism about the Federal Reserve slowing its pace of interest rate hikes are expected to lift sentiment.

Trading volumes may be thin as Wall Street is closed for Thanksgiving Day.

A report from the Canadian Federation of Independent Business showed small business sentiment in Canada dropped to a score of 50 in November from 51.4 a month earlier.

Data on average weekly earnings in Canada for the month of September is due at 8:30 AM ET. Average weekly earnings of non-farm payroll employees in Canada rose by 3.2% year-on-year to C$ 1,170.14 in August of 2022, rising for the 15th consecutive month.

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Business / FinanceBy Rtt News2022-11-01 12:00:11
(RTTNews) - Canadian shares are set to open on a positive note on Tuesday, tracking gains in European markets and firm commodity prices. The focus will be on...

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Business / FinanceBy Rtt News2022-11-02 12:39:25
(RTTNews) - Canadian shares are likely to open with a positive bias on Wednesday, tracking higher bullion prices. The mood is likely to remain somewhat...

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Business / FinanceBy Rtt News2022-11-15 12:20:32
(RTTNews) - Canadian shares are likely to open on a cautious note with a slightly positive bias on Tuesday. Activity is likely to be largely stock specific...

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EconomyBy Rtt News Staff Writer2022-11-18 13:16:13
Higher Canadian and U.S. futures and positive European markets are suggesting a higher open for the Canadian market on Friday. However, weak crude oil prices...

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Business / FinanceBy Rtt News2022-11-18 13:16:13
(RTTNews) - Higher Canadian and U.S. futures and positive European markets are suggesting a higher open for the Canadian market on Friday. However, weak...

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EconomyBy Rtt News Staff Writer2022-11-16 12:51:46
Canadian shares are seen opening on a mixed note on Wednesday, with investors digesting inflation data, and tracking geopolitical news. Data on Canadian...

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EconomyBy Rtt News Staff Writer2022-11-14 12:50:34
Canadian shares are likely to open on a negative note on Monday, tracking weak commodity prices. The mood is likely to remain cautious with investors...

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EconomyBy Rtt News Staff Writer2022-11-22 13:25:32
Higher crude oil and bullion prices point to a higher open on Bay Street Tuesday morning. Worries about stringent restrictions on movements in certain cities...

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Business / FinanceBy Rtt News2022-11-03 12:30:21
(RTTNews) - Canadian shares are likely to open with a negative gap on Thursday, tracking weak commodity prices and European markets, amid concerns about...

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EconomyBy Rtt News Staff Writer2022-10-31 12:18:37
Canadian shares are likely to open with a negative bias on Monday, weighed down by lower commodity prices. With the Federal Reserve's interest rate decision...

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EconomyBy Rtt News Staff Writer2022-11-03 12:30:21
Canadian shares are likely to open with a negative gap on Thursday, tracking weak commodity prices and European markets, amid concerns about growth and...

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Business / FinanceBy Rtt News2022-10-31 12:18:37
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EconomyBy Rtt News Staff Writer2022-11-23 13:17:12
Canadian shares look headed for a mixed start on Wednesday, tracking commodity prices and sluggish European markets. The focus will be on the minutes of the...

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EconomyBy Rtt News Staff Writer2022-11-04 12:12:54
Canadian shares are likely to open on a firm note on Friday, tracking higher commodity prices and strong gains in European markets. Investors will also be...

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EconomyBy Rtt News Staff Writer2022-11-07 21:31:50
Canadian stocks fluctuated early in the session on Monday but moved mostly higher over the course of the trading day. After briefly dipping below the...

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Business / FinanceBy Rtt News2022-11-09 13:06:54
(RTTNews) - Canadian shares are likely to open with a negative bias on Wednesday, weighed down by weak commodity prices and European stocks. Investors, in...

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EconomyBy Rtt News Staff Writer2022-11-10 13:07:26
Canadian shares are likely to open on a mixed note on Thursday. The market is likely to see some bargain hunting after the previous session's sharp setback....