Skip to main content

Featured

Canadian Money Brief – June 3, 2026: TSX Hits Record, Wall Street Retreats from Highs

  Wednesday, June 3, 2026  |    MoneySavings.ca Daily Markets Desk Markets head into Wednesday on a cautious note. Tuesday's record-setting session on the TSX and another all-time high for Wall Street are giving way to some early-morning hesitation — Dow futures are sliding ahead of the open as investors digest elevated oil prices, fresh warnings from the International Energy Agency, and ongoing uncertainty around the U.S.-Iran situation. Here's where everything stood at Tuesday's close and what to watch today. Canada — TSX Composite The S&P/TSX Composite closed Tuesday, June 2 at 35,169 , up 434 points (+1.25%) — a fresh all-time record. The index has now gained roughly 10% year-to-date , making it one of the stronger-performing major benchmarks globally. Energy and mining stocks led the charge. Canadian Natural Resources rose 2.8%, Imperial Oil gained 3%, and Cenovus advanced 4%. Among miners, Barrick climbed 2% on reports it is exploring a London listing for ...
Post a Comment
Read more

article

Labels

Wall Street Awaits Key Nvidia Earnings and Inflation Data

 

Wall Street remained relatively quiet today as investors eagerly anticipate Nvidia’s upcoming earnings report and the latest inflation data from the government. Futures for the S&P 500 edged up slightly by less than 0.1%, while the Dow Jones Industrial Average remained nearly unchanged after setting an all-time high the previous day.

The focus is on Nvidia, a key player in the artificial intelligence sector, which is expected to report significant earnings growth. Analysts predict Nvidia will announce earnings of 64 cents per share, a remarkable 156% increase from the same period last year, with revenue projected at $28.6 billion, up 110% year-over-year.

In addition to Nvidia’s results, investors are closely watching the latest inflation data, which could influence the Federal Reserve’s future monetary policy decisions. The combination of corporate earnings and economic indicators is likely to set the tone for the markets in the coming days.

Stay tuned for updates as these critical reports are released.


Labels:

Comments

Post a Comment