Market Rebound: S&P, Dow, and Nasdaq Rally After Recent Decline; TSX Falls

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In this episode, we check out the market settling down following a couple of very rough days. The S&P 500, Dow, and Nasdaq show strong gains, driven by strong profits reports from major companies like Kenvue and Uber. On the other hand, Japan's Nikkei 225 recuperates. The TSX is down after being closed yesterday. Analysts stay cautious in the middle of continuous economic concerns.

Also in this episode:

⚖ An US federal judge guidelines that Google broke antitrust laws, potentially improving the tech landscape.

The Bank of Canada is expected to cut interest rates sooner than anticipated, influenced by U.S. labor market information.

Canadian insolvencies increase greatly in the 2nd quarter, highlighting financial pressures on consumers and organizations.

The federal government introduces 30-year home loans for first-time purchasers, offering pros and cons for brand-new property owners.

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Market Rebound: S&P, Dow, and Nasdaq Rally After Recent Decline; TSX Falls

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About the Author: Richard Money

29 Comments

    1. That’s not how it works. You only lose if you panic sell. Volatility exists, bulls don’t last forever

  1. my tfsa is up $65 today, after dropping about $1500 last week…after going up $2000 before that…

    1. @@MikeyPaper don’t be. After every bull market there is a bear market. After every bear market there is a bull market. It’s not rocket science.

  2. Marc. What happened to your videos examining the market indicators like the VIX, 200 day moving average, etc?
    I really liked those vids.

  3. seems like a deeper drop than what your saying. ill see you in September.
    Thanks for the great video Marc!

  4. I’m looking at CN, CPKC shares coming up to Aug 9 when they go to the bargaining table. Possible strike may occur after that. Potential cheaper shares, but we’ll see.

  5. Just curious about your thoughts on zmi bmo monthly income etf. I have not saw much on the fund as of yet.

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