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The Toronto market's technology sector rose 1.8%, clawing back some of the previous day's sharp decline. Gains were led by electronics firm Celestica Inc, which ended 4.6% higher.
Both Canadian and US stocks have rallied this year, but long-term indicators point to better positioning for Canadian shares, David Rosenberg said.
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The Federal Reserve has expanded its balance sheet greatly through three quantitative easing periods since the financial crisis of 2007–2008.In September 2019, a spike in the overnight repo market interest rate caused the Federal Reserve to introduce a fourth round of quantitative easing; the balance sheet would expand parabolically following the stock market crash.
The list of companies listed on the Toronto Stock Exchange is divided by initial: Companies listed on the Toronto Stock Exchange (0-9) ...
The original "Baby Shark" video by Pinkfong is now the most viewed video on the site. On October 29, 2020, Baby Shark surpassed 7 billion views, and on November 2, 2020, it passed Despacito to become the most viewed video on YouTube. On February 23, 2021, Baby Shark surpassed 8 billion views, becoming the first video to do so.
The stock price of the company, which helps businesses manage their customers, jumped 11%. Marvell Technology leaped even more after delivering better results than expected, up 23.2%.
Here's what else happened today: Disney said it will appoint Bob Iger's successor as CEO by early 2026. Goldman Sachs said investors should prepare for a decade of muted returns in the stock market.