The Dow Jones Industrial Average rose 0.86%, closing at 42,297.12, driven by gains in non-tech sectors like Caterpillar, JPMorgan, and UnitedHealth.
On Friday, U.S. stocks experienced significant losses following a stronger-than-expected jobs report that dampened expectations for additional Federal Reserve rate cuts this year.
The insight of 2025 us stock market: how should we invest?
The S&P 500 posted a modest gain of 0.16%, closing at 5,918.25, while the Nasdaq Composite slipped 0.06% to 19,478.88.
Stocks declined on Tuesday, driven by strong economic data that raised concerns about the potential delay in Federal Reserve rate cuts this year.
For TFSA, 2025 annual contribution limit is $7000. For RRSP, the annual contribution limit is up to 18% of your previous year’s earned income or capped at $32,490 for 2025.
U.S. stocks closed higher on Friday as Wall Street recovered from a rocky start to the new year.
In January 2024, a client opened a TFSA with Canada Life and invested $10,000 in a segregated fund. By December 31, the investment earned over $4,000, achieving an impressive annual return of 40%.
On Thursday, major U.S. stock indices extended their losing streak into the new year.
Discover the major financial events from 2023 to 2024 in the US stock market. Ai Financial is here to help you stay informed and make smarter investment decisions.