Canada’s tech sector is thriving. Big names like Shopify and Constellation Software often steal the spotlight. Yet, there are plenty of mid-cap tech companies making waves. These firms have the perfect balance of size and growth potential, allowing them to scale rapidly without the volatility of smaller startups. Three companies,
» Read more about: 3 Canadian Tech Stocks Poised for Wondrous Wins in 2025 »
A Fox News anchor confronted a guest about the plunge in the Dow Jones index after President Donald Trump announced 25 percent tariffs on Canada and Mexico will go into effect Tuesday.
On Monday’s edition of The Story, anchor Martha MacCallum quizzed her guest, Shark Tank star Kevin O’Leary,
NEW YORK — U.S. stocks tumbled Monday and wiped out out even more of their gains since President Donald Trump ’s election in November, after he said that tariffs announced earlier on Canada and Mexico would take effect within hours.
The S&P 500 dropped 1.8% after Trump said there was “no room left” for negotiations that could lower the tariffs set to begin Tuesday for imports from Canada and Mexico.
US stocks plummeted on Monday afternoon, with selling accelerating in the last hour of trading after President Trump indicated there was “no room left” for tariff negotiations with Canada and Mexico, indicating that new levies against both countries will go into effect tomorrow.
The S&P 500 (^GSPC) fell 1.7%,
According to the report, 2024 was an exceptional year for stocks, with the S&P 500 returning 23.3% — marking “the first time we saw consecutive years with 20% plus returns since the 1990s.”
Looking ahead, expectations are for more modest returns in 2025.
“Market participants are 8-10% optimistic about the equities market this year — not another 20% optimistic,” it said,
» Read more about: Industry sees weaker S&P 500 returns: SIFMA »
Stock market selling picked up on Monday after President Donald Trump confirmed 25% tariffs on imports from Mexico and Canada will go into effect on Tuesday.
The Dow sank 780 points, or 1.8%. The S&P 500 dropped 2%. The Nasdaq Composite fell 2.7%.
Wall Street was hoping the tariffs would be delayed or dialed back.
» Read more about: Stock Market News: The Dow Sinks More Than 900 Points as Tariffs Loom »
The stock market fell sharply on Monday because President Donald Trump didn’t blink on tariffs.
The Dow Jones Industrial Average dropped 650 points, or 1.5%. The S&P 500 fell 1.8%. The Nasdaq Composite sank 2.6%.
Wall Street has been holding out hope that Trump’s threats of 25% tariffs on goods from Mexico and Canada starting on Tuesday were more bluster than substance.
» Read more about: Trump Tariffs Spark a Stock Rout. Nasdaq Sinks 2.6%. »
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Nvidia shares fell 8% Monday,
» Read more about: The pain isn't over for Nvidia stock, now down 18% in just 7 days »
The US President claimed this ‘critical industry’ suffered ‘years of corrupt attacks’ at the hands of the Biden Administration.
Some cryptocurrencies have seen an increase in prices following President Donald Trump’s social media posts regarding a Crypto Strategic Reserve.
» Read more about: Trump announces cryptocurrency reserve with bitcoin, XRP, ether & more »
