The Canadian Vanguard Stock Market Report – Weekend, March 7 – 9, 2025

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Your Data-Driven Stock Market Analysis And Report –  the investor’s readiness guide for the week of March 3 market sessions.

(Updated regularly throughout the weekend)

The Toronto Market, Friday

The TSX composite index declined 174.72 points or 0.71% to close the session at 24,758.76. All the major North American market indexes were up on Friday but the upbeat performance still failed to pull the indexes up from their current moving averages. The TSX index is certainly far from being out of the woods yet.

                                                                                                                  

The Market Breadth:  Eight of the ten major sectors gained at the Toronto market on Friday. Utilities was up 1.70%; Energy was up 1.61% and Telecommunications Services was up 1.38%. Basic Materials was 0.55%; Discretionary Consumer Goods & Services gained 0.53%; and Durable Consumer Goods & Services gained 0.52%. Healthcare declined -0.04% and Technology was the laggard declining -0.39%.

Week’s Review: It was a tough week for stocks. Only five of the ten sectors scored weekly gains this week. Telecommunications Services was up 3.85%. Basic Materials advanced 1.36% and Durable Consumer Goods & Services was up 1.31%. Utilities gained 0.79%; and Discretionary Consumer Goods & Services was up 0.28%. Industrials declined -1.93%; Energy declined -2.44%; Financials declined -3.28%; Healthcare declined -3.93% and Technology was down a hefty -5.82% for the week.

Industry Groups:  The top five industry groups at the US markets today were:  Tires & Rubber Products up 11.41%; Electrical Components & Equipment up 7.19%; Aluminum up 4.17%; Heavy Electrical Equipment up 3.44%; and Utilities – Natural Gas up 3.19%.

Today’s Statistics: The issues that gained (Advancers) outnumbered those that declined (Decliners). There were roughly seven Advancers for every two Decliners or a more exact ratio of 3.63-to-1.0.  In real numbers, there were 1,420 Advancers to 527 Decliners while 141 stocks remained Unchanged.

Today, there were 71 new 52-Week Highs and 38 new 52-Week Lows.

The total volume of shares traded at the TSX today was 441,615,043 or about 6% less compared to the volume of 469,417,900 shares traded on Thursday.

The US Markets, Friday

The Dow Jones Average index advanced 222.64 points or 0.52% to close at 42801.72. The S&P 500 index climbed 31.68 points or 0.55%. The Nasdaq Composite gained 126.96 points or 0.70%, to close at 18,196.22. The indexes were up today but they have been recently damaged and today’s gains did little to correct current market outlook.

The Market Breadth: Seven of the market sectors gained on Friday. Utilities was up 1.58% to lead the sectors; Telecommunications Services gained 1.56%; Energy gained 1.51%; Technology advanced 0.94%; Industrials advanced 0.68%; Durable Consumer Goods & Services was up 0.22%; and Basic Materials was up 0.11%. Financials declined -0.15% and Discretionary Consumer Goods & Services was down -0.42%.

Week’s Review: The market choppiness continued this week. Only four of the major sectors gained this week. It would appear that investors headed for safety during the week as Telecommunications Services, up 2.22%, was the leading sector this week. Basic Materials gained 1.76%; Durable Consumer Goods & Services was up 0.62%; and Healthcare gained 0.44%. Utilities declined -1.70%; Technology was down -2.77%; Financials was down -3.16% and Discretionary Consumer Goods & Services was down -4.83%. It was a tough week for stocks.

Industry Groups:  The top five industry groups at the US markets today were: Tires & Rubber Products up 9.14%; Oil & Gas Drilling up 5.60%; Utilities – Water & Others up 3.80%; Fishing & farming up 3.09%; and Semiconductors up 2.90%.

Today’s Market Statistics:  At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were six Advancers for every five Decliners – close but significant or an exact ratio of 1.29-to-1.0. In actual numbers, there were 1,555 Advancers to 1,201 Decliners with 74 Unchanged.

There were 36 new 52-Week Highs and 70 new 52-Week Lows.

The total volume of stocks traded at the NYSE today was 5,839,754,874 or 11% more, compared to the volume of 5,255,435,582 shares traded yesterday.

On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly six Advancers for every five Decliners or an exact ratio of 1.29-to-1.0. In actual numbers, 2,502 Advancers to 1,933 Decliners with 233 Unchanged.

Today, there were 51 new 52-Week Highs and 214 new 52-Week Lows.

The total volume of shares traded at the NASDAQ was 8,315,752,273, or 5% more, compared to the volume of 7,920,873,770 shares traded yesterday.

Oil Price:    U.S. crude oil price was down 3.9% and was at $67.04 a barrel. Oil price was at $66.73 a barrel as of the time (10:30pm EST, Sunday) of the last post update today.

10 –year Treasury Yield:  The 10-year Treasury yield was up and at 4.315% after weaker than expected Job report on Friday. The 5-year yield was at 4.091%. The 10-year yield was at 4.284% as of the time (10:30pm EST Sunday) of this post update.

After-hours action:   Stock futures were down Sunday evening. The Dow futures was down -0.38% vs. fair value. S&P 500 futures was down -0.44%, and Nasdaq 100 futures was down -0.49% as of the time (10:30pm EST, Sunday) of this post update.

Market Roundup Report:    The North American markets reversed Thursday’s sell-off on Friday. However, NASDAQ gained  but still closed below its 200-day line. The North American markets are best regarded as being  in a correction right now. It is not a time to be making big stock purchases.   The general market outlook is poor.  It is better to avoid buying stocks until the market improves. However, it is time to be very cautious with buying stocks at this time. China’s consumer inflation turns negative for the first time in 13 months. It is time to start to take a look at Chinese stocks if you have been ignoring them in recent past. They tend be volatile but they are at least not in correction at this time.

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Regular Market Day Features

Beginner Investor’s (Canadian stocks) Watchlist

Blended Growth Stocks Watchlist  

 EV, Energy and Resource Stocks Watchlist 

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