The Canadian Vanguard Stock Market Report – Weekend, Aug 29 – 31, 2025 Edition
Friday’s Inflation report drove market down, NASDAQ slid and NVIDIA dove
. (The Stock Market Report is updated regularly during the weekend)
Labour Day Holiday: Readers are reminded that both the Canadian and US markets are closed on Monday, September 1, 2025, as part of the annual Labour Day holiday weekend. Markets re-open as usual, at 9:30am on Tuesday, September 2, 2025.
The Toronto Market
The TSX composite index was up on Friday. The index gained 129.65 points or 0.46%, to close the session at 28,564.45. The TSX continues to strengthen its hold above the 28,000-point level.
Today’s Market Statistics: The issues that gained (Advancers) outnumbered those that declined (Decliners). There was roughly one Advancer for every Decliner, or a more exact ratio of 1.14-to-1.0. In real numbers, there were 1,064 Advancers to 930 Decliners while 105 stocks remained Unchanged.
Today, there were 197 new 52-Week Highs and 27 new 52-Week Lows. There were 219 new 52-Week Highs and 30 new 52-Week Lows on Thursday.
The total volume of shares traded at the TSX today was 397,100,325, or 12% higher than the volume of 353,441,334 shares traded on Thursday.
Market Roundup Report
Celestica suffered a heavy decline on Friday even though it was the top performer on the TSX on Thursday. Markets will always do what they wish to do. We only analyze the resulting data. It is best to always consider the market actions as truly random. As an informed trader, you are better off reacting to what the market does rather than trying to predict every detail of the market’s action. For example, Friday’s Celestica sell off could simply be that a major holder of the Celestica stock decided to take advantage of the high performance the day before and cash out while at the top.
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The US Market
All three indexes declined today. Dow Industrial Average index declined -92.02 points or -0.20%, to close the session at 45,544.88. The S&P 500 index declined -41.60 points or -0.64% and closed the session at 6,460.26. The Nasdaq Composite declined -249.61 points or -1.15%, and closed the session at 21,455.55. In small caps, Russell 2000 declined -11.99 or -0.50%, and closed the session at 2366.42. NASDAQ was the worst performer of the indexes on Friday. NVIDIA and other AI related stocks contributed to the NASDAQ decline.
Today’s Market Statistics
At the NYSE, the issues that declined (Decliners) outnumbered the issues that gained (Advancers). There was roughly one Decliner for every Advancer, or a more exact ratio of 1.15-to-1.0. In actual numbers, there were 2,248 Decliners to 1,914 Advancers with 292 Unchanged.
Today, there were 282 new 52-Week Highs and 33 new 52-Week Lows. There were 488 new 52-Week Highs and 42 new 52-Week Lows yesterday.
The total volume of stocks traded today at the NYSE was 4,292,374,172, 2% lower than the total volume of 4,371,323,160 shares traded yesterday.
On the NASDAQ, the Decliners outnumbered the Advancers. There were eight Decliners for every five Advancers, or an exact ratio of 1.65-to-1.0. In actual numbers, there were 2,842 Decliners to 1,720 Advancers with 294 Unchanged.
Today, there were 129 new 52-Week Highs and 74 new 52-Week Lows. There were 264 new 52-Week Highs and 69 new 52-Week Lows on Thursday.
The total volume of shares traded at the NASDAQ today was 7,961,099,210, or 1% lower than, roughly about the same as the total volume of 8,047,349,489 shares traded on Thursday.
Market Roundup Report
It was reported that Ali Baba is developing its own AI chips. The report caused NVIDIA Corp (NVDA) stock to dive. NVDA stock declined in the last two market sessions and dropped 3.36% on Friday, with 243.3M shares traded. Typically, when NVIDIA declines NASDAQ is often affected as NVDA stock has heavy weight within S&P 500. Friday was no exception.
NASDAQ was the worst performer of the indexes, closing down 1.3% compared to S&P 500 decline of -0.64%, or six tenths, and Dow Jones -0.20%, or two tenths of a percent decline. It is probably not the time to be in a rush to buy NVDA stock. Patience is often required when dealing with the stock market. Even NVDA stock jumps on Tuesday, it will be smart to pause at least a few sessions, a minimum of a week, to get a good idea of how the stock will stabilize before plunging in and avoid needless risk.
Broadcom Inc. (AVGO) was down -3.65% with 21.6M shares changing hands, Celestica Inc. was down -8.26% with 3.9M shares traded. Super Micro Computer Inc., a company that supplies servers, based on NVIDIA chips, to data center services companies, declined -5.53% on Friday. It is a good time, in the short term, to look outside of “NVIDIA’s circle of stocks”.
Oil Price: U.S. crude oil futures rose 0.55% to $64.01 a barrel on Friday. US Oil price was at $63.748 per barrel, as of the time (11:30 pm ET, Sunday) of this post update.
10 –year Treasury Yield: The 10-year Treasury yield fell three basis points to 4.23% on Friday. The 10-year yield was at 4.232%, as of the time (11:30 pm ET, Sunday) of this post update.
After-hours action: Stock Futures are down slightly on Sunday evening. Dow Futures is down -11.00 points or -0.02% vs. fair value. S&P 500 futures is down -4.75 points or -0.07%, and Nasdaq 100 futures is down -27.50 points or -0.12% as of the time (11:30 am ET, Sunday) of this post update.
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Stocks For Your Watchlist
The market was down on Friday, but there were some big gainers.
| Ticker | Company Name | Last
Price $ |
Gain on Friday
%, $ |
Volume |
| ZEPP | ZEPP Health Corporation ADR |
$44.92 |
18.34%
$6.96 |
755.0K |
|
SATS |
Echostar Corp
|
$61.72 |
8.5%
$4.84 |
12.5M |
|
AFRM
|
Affirm Holdings, Inc.
|
$88.45 |
10.58% $8.46 |
43.2M |
| TSX:TD | Toronto Dominion Bank | C$103.12 | 2.84%
C$2.84 |
9.6M
|
Affirm Holdings on Friday gapped up. The volume was good, but the stock closed in the lower half of the day’s range.
Note: Readers are reminded that any stock listed in the table above or in any Stock Market Report published by The Canadian Vanguard is a recommendation to the reader to add to their watchlist only. You must do your own research before you commit your funds to any stock purchase. To do otherwise is really disguised gambling. We neither support gambling NOR stock trading based on hope. You should always approach the market based on quality research and knowledge. Investing or Trading should be treated as a business with Profit and Loss (P & L) properly accounted.
Similar tables to the above, with deep analysis, will be available regularly to Paid Subscribers only, starting in a few weeks. Enjoy the free version while it lasts.
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Labour Day Monday (Markets Closed)
Readers are reminded that both the Canadian and US markets are closed on Monday, September 1, 2025, as part of the Labour Day holiday weekend. Markets re-open as usual, at 9:30am on Tuesday, September 2, 2025.
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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.
We are adding features to our Stocks To watch / Stocks in the News Section. The new section will go live next week, however, only subscribers will be able to access the section.
(c) This article is published by The Canadian Vanguard on August 30, 2025.
