US-Japan’s “Massive Deal” Gave The Market Rally Wings Today
The Canadian Vanguard Stock Market Report – Wednesday, July 23, 2025 Edition
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The Toronto Market
The TSX composite index gained 51.98 points or 0.19%, to close the session at 27,416.41. The TSX is up three consecutive sessions, but the sessional gains remain relatively small so far this week.
The Market Breadth: Only six of the ten major sectors in the TSX gained today. Discretionary Consumer Goods & Services, usually a good indicator of retail stocks’ performance, led the sectors. Energy gained 0.59%, Financials gained 0.54%, and Telecommunications Services gained 0.50%. Basic Materials and Technology were bringing up the rear with -0.43% and -0.68% decline, respectively.
Industry Groups: The top five industry groups in the TSX today were: Electrical Components & Equipment, up 7.29%; Auto / Truck / Motorcycle Parts, up 3.43%; Coal, up 2.48%; Home Furnishing, up 2.41%; and Oil & Gas Drilling, up 2.36%.
Today’s Market Statistics
Today, the issues that gained (Advancers) outnumbered those that declined (Decliners). There were three Advancers for every two Decliners, or a more exact ratio of 1.62-to-1.0. In real numbers, there were 1,177 Advancers to 727 Decliners while 156 stocks remained Unchanged.
Today, there were 312 new 52-Week Highs and 13 new 52-Week Lows. There were 186 new 52-Week Highs and 6 new 52-Week Lows yesterday.
The total volume of shares traded at the TSX today was 363,754,968, or 2% more than, or roughly the same as, the volume of 356,985,860 shares traded yesterday.
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The US Markets
The market, today, was buoyant. The Dow Jones Average index gained 507.85 points or 1.14%, to close the session at 45,010.29. The S&P 500 index gained 49.29 points or 0.78% to close at 6,358.91. The Nasdaq Composite gained 1127.33 points or 0.61%, to close the session at 21,020.02. In small caps, Russell 2000 gained 34.37 points or 1.53% to close the session at 2283.13. Russel 2000 index has now logged two consecutive sessions of gains, with today’s gain doubling yesterday’s gain.
The Market Breadth: All the market sectors gained today. Healthcare led the sectors with a 2.12% gain, while Durable Consumer Goods & Services was the laggard sector with a 0.50% gain. Energy gained 1.41%, Financials gained 1.12%, Technology gained 0.83% and Basic Materials gained 0.29%.
Industry Groups: The top five industry groups in the US markets today were: Commercial Printing Services, up 5.58%; Oil & Gas Drilling, up 5.27%; Fishing & Farming, up 4.498%; Consumer Electronics, up 4.86%; and Rails & Roads – Passengers, up 3.58%.
Today’s Market Statistics
At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were two Advancers for every Decliner, or a more exact ratio of 2.15-to-1.0. In actual numbers, there were 2,805 Advancers to 1,304 Decliners with 292 Unchanged. Today’s market data is quite bullish.
Today, there were 493 new 52-Week Highs and 37 new 52-Week Lows. There were 256 new 52-Week Highs and 26 new 52-Week Lows yesterday.
The total volume of stocks traded today at the NYSE was 5,745,403,578, roughly about the same as the total volume of 5,730,866,516 shares traded yesterday.
On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly two Advancers for every Decliner, or an exact ratio of 2.20-to-1.0. In actual numbers, there were 3,139 Advancers to 1,422 Decliners with 262 Unchanged.
Today, there were 307 new 52-Week Highs and 44 new 52-Week Lows. There were 141 new 52-Week Highs and 43 new 52-Week Lows yesterday.
The total volume of shares traded at the NASDAQ today was 11,497,661,050, or 4.5%, more than the total volume of 11,001,914,494 shares traded yesterday.
Market Roundup Report
Today, Advancers doubled the Decliners. The major indexes advanced today, with Dow Jones gaining well over half a thousand points and more than one per cent today. NASDAQ was the laggard of the indexes but still gained slightly more than 0.6%. Today was a buoyant market session, and even though the rally has lasted for a long while, the rally appears to have some momentum.
Our readers are advised to watch for and avoid purchasing a stock with a chart indicating the price is extended. It is safer to wait for a pullback before plunging back in. Both the S&P 500 and NASDAQ are in record territory. NASDAQ closed over the 21,000 points level for the first time. The US-Japan trade deal is a positive development for the market, so the current rally is likely to keep going at least in the short term.
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Stocks In The News /Stocks To Watch
The US Markets
GE Vernova Inc. (GEV), a global energy company, was in the news today as it delivered a better-than-expected second-quarter earnings report while also raising its full-year financial guidance. GEV stock gained 14.69% or $80.63 to close at $629.62 with a volume of 7.1M shares changing hands. The company designs, manufactures and services electric power systems, running over 57,000 wind turbines and 7,000 gas turbines. It is a company worth keeping an eye on. The stock price is a bit high at $629.62, but some brokerage companies now allow investors to buy fractional shares.
Hims & Hers Health Inc. (HIMS), a company which connects people with doctors online and offers everything from prescriptions to everyday wellness products, was a standout performer today. The company’s stock price was up today as the company revised upwards its earnings per share next year. The company recently acquired ZAVA, a European company, and the company is also expanding into the Canadian market. Today, the HIMS stock gained 16.10% or $8.05 to close the market session at $58.06 with 81.8M shares traded.
The stock has been quite volatile sometimes, so readers are advised to do further research and be fully convinced about the stock’s worth before adding it to their watchlist.
NOTICE TO READERS
Our readers are strongly advised to conduct their research into individual stocks before making a purchase decision. In addition, investors are advised that past stock performance is no guarantee of future price appreciation. Any recommendation is not a guarantee of any particular stock’s future prices, and The Canadian Vanguard accepts no responsibility or liability for investors’ or readers’ purchases.
The Canadian Vanguard’s Stock Market Reports, https://www.thecanadianvanguard.com/category/stock-markets/ are composed by senior Financial Industry and Information Technology professionals. We deliberately neither engage nor deploy AI tools to produce these reports.
