The Canadian Vanguard Stock Market Report – Weekend, Aug 8 – 10, 2025 Edition

Indexes are back near all-time highs, but volumes not keeping up

.  (The Stock Market Report is updated regularly during the weekend)

The Toronto Market

The TSX composite index declined a mere -2.59 points or -0.01%, to close the session at 27,758.68. The TSX has now declined for two consecutive sessions, although the index stayed positive until the last half hour of the market session on Friday.

                                                                                                                                      

The Market Breadth:  Six of the TSX’s major sectors gained on Friday. Healthcare, up 1.68%, led the sectors. Telecommunications Services gained 1.32%, Durable Consumer Goods & Services declined 0.80%, and Basic Materials gained 0.57%. Utilities gained 0.11% and Industrials gained 0.06%.  Energy declined -0.16%, Financials declined -0.19%, and Technology declined -0.51%. Discretionary Consumer Goods & Services, down -0.88%, was the laggard sector on Friday.  Technology was the laggard sector on Thursday.  Shopify Inc. (TSX:SHOP) dominates the Technology sector and often dominantly influences how the sector performs. Shopify Inc., with a market cap of $267.5B carries a major weight within the TSX’s IT Services and Consulting Companies group with the TSX’s Technology sector. There are at least 40 companies within the Technology group, but most of them have market cap under $50M, really small cap, so rightly, Shopify is heavily weighted within the sector.

Weekly Performance by Sectors: This week, six sectors gained. Three sectors stood out and are worth keeping an eye on in the coming week. The three stocks are: Healthcare gained 11.51%, Technology gained 1.42%, and Basic Materials gained 7.53% for the week. Financials declined -0.12%, Energy declined -0.68% and Industrials declined -1.76%.

Industry Groups:  The top five industry groups in the US markets today were: Paper Packaging, up 5.45%; Food Processing, up 5.45%; Home Furnishing, up 5.41%; Pharmaceuticals – Generic & Specialty, up 5.29%; and Fishing & Farming, up 4.88%.

Today’s Market Statistics 

The issues that gained (Advancers) outnumbered those that declined (Decliners). There were roughly two Advancers for every Decliner, or a more exact ratio of 1.83-to-1.0. In real numbers, there were 1,222 Advancers to 666 Decliners while 145 stocks remained Unchanged.

Today, there were 209 new 52-Week Highs and 22 new 52-Week Lows. There were 203 new 52-Week Highs and 31 new 52-Week Lows on Thursday.

The total volume of shares traded at the TSX today was 376,775,487, or 4% more than the volume of 361,535,848 shares traded on Thursday.

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The US Markets

All major indexes were up today. The Dow Jones Average index gained 206.97 points or 0.47%, to close the session at 44,175.61. The S&P 500 index gained 49.45 points or 0.78% and closed the market session at 6,389.45. The Nasdaq Composite gained 207.32 points or 0.98%, and closed the session at 21,450.02. In small caps, Russell 2000 gained 3.70 points or 0.17%, to close the session at 2218.42.  Small caps had it relatively rough this week, but the index gained this week.

The Market Breadth:  Seven of the major sectors gained. Growth stocks dominated on Friday. Technology, up 0.92%, led the sectors. Basic Materials gained 0.84%, Healthcare gained 0.66%, and Financials gained 0.62%. Telecommunications Services gained 0.50%, the sector was regularly  a laggard some months back, but that changed as tariffs became the dominant issue with the markets. Durable Consumer Goods & Services gained 0.40% and Discretionary Consumer Goods & Services, a good gauge for retail stocks, gained 0.17%. Investors clearly went after growth stocks, as Utilities, down -0.56%, the sector investors run to in times of market turmoil, was the laggard on Friday.

Weekly Performance by Sectors: This week, all the sectors gained except Energy sector, which declined -0.19% for the week. Basic Materials, up 5.73%, led the sectors. Technology gained 4.27%, Telecommunications Services gained 3.42%, Discretionary Consumer Goods & Services gained 3.12%, and Financials gained 2.04%. Industrials gained 1.12%, Healthcare gained 0.42% and Utilities gained 0.33%. We should keep an eye on Technology sector in the coming week, but the sector contains a large number of stocks. It is better to focus on the industry groups within the sector.

Industry Groups: The top five industry groups in the US markets today were: Consumer Electronics, up 4.28%; Communications Equipment, up 3.70%; Managed Health Care, up 2.57%; Auto & Truck Manufacturers, up 2.42%; and Oil & Gas Drilling, up 2.19%.

Today’s Market Statistics  

At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were roughly three Advancers for every two Decliners, or a more exact ratio of 1.37-to-1.0. In actual numbers, there were 2,360 Advancers to 1,720 Decliners with 305 Unchanged.

Today, there were 272 new 52-Week Highs and 88 new 52-Week Lows. There were 232 new 52-Week Highs and 80 new 52-Week Lows on Thursday.

The total volume of stocks traded today at the NYSE was 4,843,100,719, or 10% less than the total volume of 5,409,287,199 shares traded on Thursday.

On the NASDAQ, the Advancers outnumbered the Decliners today. There was one Advancer for every Decliner, or an exact ratio of 1.13-to-1.0. In actual numbers, there were 2,442 Advancers to 2,157 Decliners with 239 Unchanged.

Today, there were 180 new 52-Week Highs and 124 new 52-Week Lows. There were 167 new 52-Week Highs and 140 new 52-Week Lows on Thursday.

The total volume of shares traded at the NASDAQ today was 8,898,668,318, or 3.5% less than the total volume of 9,206,206,804 shares traded on Thursday.

Market Roundup Report

Friday was quite a positive market session. NASDAQ advanced to record territory while the other indexes also gained. The advancing stocks outnumbered the stocks that declined. Volumes were down as the market appears to be back in a market climate where when stocks gain, volume is down, and when stocks decline, volume is up, which is not good for investors. The rally is still very much alive, but investors should be prepared to reverse positions quickly, if the market suddenly spins a surprise, given the current market climate.

Oil Price:  This week, US Crude Oil price fell 5% to $63.88 per barrel. US Oil price was at $63.35 per barrel, as of the time (11:30 pm ET, Sunday) of this post update.

10 –year Treasury Yield:  The 10-year Treasury yield was up six basis points to 4.28%. The 10-year yield was at 4.271%, as of the time (11:30 pm ET, Sunday) of this post update.

Bitcoin (BTC-USD) is at $122,154, up $3,496.61 or 2.97%, as at the time (11:30 pm ET, Sunday) of this post update.

After-hours action: Stock Futures are up Sunday evening. Dow Futures is up 74.00 points or 0.17% vs. fair value. S&P 500 futures is up 10.25 points or 0.16%, and Nasdaq 100 futures is up 33.25 points or 0.14% as of the time (11:30 pm ET, Sunday) of this post update.

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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.