TSX Keeps Streak Alive in Light Trading

Equities in Canada’s largest market enjoyed their third-straight session of gains on Thursday, helped out by technology and health-care shares, despite low trading volume because of the U.S. Thanksgiving holiday.

The S&P/TSX Composite gained 73.12 points to finish Thursday trading at 21,621.55.

The Canadian dollar regained 0.07 cents at 79.04 cents U.S.

Tech shares led the parade Thursday, with HUT 8 Mining shooting up 96 cents, or 6.1%, to $16.79, while Dye & Durham took on $1.48, or 3.7%, to $42.00.

In the health-care sector, OrganiGram Holdings gained five cents, or 1.8%, to $2.77, while Chartwell Retirement Residences units picked up 16 cents, or 1.4%, to $12.00.

Real-estate concerns also finished in the green, with Real Matters prospering 21 cents, or 2.5%, to $8.55, while CT REIT units gathered 32 cents, or 1.8%, to $17.75.

Gold weighed things down, though, with Iamgold giving back six cents, or 1.5%, to $3.97, … Read more

Britains’s crisps shortage eases, but multipack stocks remain low

Britain’s crisp shortage has begun to ease but supplies on shelves remain low, with a quarter of shops still struggling to find stock.

Multipack crisps were ranked the lowest in availability, with 29 per cent of stores recorded as either having “none” or “low” according to the Office for National Statistics, which monitored supplies between November 19-22. The data was collected by Kantar Public in the course of 270 shop visits.

The 24 per cent total of shops where there were none or few of the products was down on the 33 per cent recorded a week earlier but crisps were still the hardest-to-find product on the shelves.

Paracetamol, ibuprofen, sparkling water and frozen turkeys were the next most affected items. There were also shortages of fresh pork and chicken, with 4 per cent and 2 per cent respectively of shops reporting zero availability. Of all the items monitored, 10 … Read more

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S&P, NASDAQ Eke out Small Gains

U.S. stocks pushed modestly higher on Wednesday as the recent jump in bond yields took a breather, allowing tech stocks to recover.

The Dow Jones Industrials climbed to within 9.42 points of breakeven by the closing bell Wednesday to 35,804.38.

The S&P 500 index struggled to a gain of 10.76 points to 4,701.46

The NASDAQ resurfaced 17.42 points to 15,845.23.

Shares of Facebook-parent Meta rose 1.1% to bolster the NASDAQ, while Roku and Peloton shook off rough starts to the week to rise more than 2% each. Computer hardware company HP’s shares got a 10% lift after reporting earnings that beat on the top and bottom lines and issuing higher first-quarter earnings guidance.

The move in rates earlier this week sent investors fleeing from tech and growth shares, while boosting some bank stocks and energy shares.

The divided market has left the Dow in the green for the week so … Read more