Indexes gave back some today but in an orderly pullback
The Canadian Vanguard Stock Market Report – Tuesday, September 23, 2025 Edition
Breaking News: Fed Chief Powell says stock prices appear “fairly highly valued”
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The Toronto Market
The TSX Composite Index declined -143.35 points, or -0.48%, closing the session at 29,815.63. The index was down today after four consecutive sessions of gains and pushing into a new High.
Today’s Market Statistics: The issues that declined (Decliners) outnumbered those that gained (Advancers). There was roughly one Decliner for every Advancer, or a more exact ratio of 1.11-to-1.0. In real numbers, there were 1,037 Decliners to 932 Advancers while 1641 stocks remained Unchanged.
Today, there were 446 new 52-Week Highs and 29 new 52-Week Lows. There were 503 new 52-Week Highs and 31 new 52-Week Lows yesterday.
The total volume of shares traded at the TSX today was 489,652,500, or 11% lower than the volume of 551,535,121 shares traded yesterday.
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The US Markets
Dow Industrial Average declined -88.76 points or -0.19%, to close the session at 46,292.78. The S&P 500 index declined -36.83 points or -0.55% and closed the session at 6,656.92. The Nasdaq Composite declined -215.50 points or -0.95%, and closed the session at 22,576.47. Small caps had a better session today than on Friday. Russell 2000 declined -5.82 points or -0.24%, and closed the session at 2457.51. Small caps did better than S&P 500 today, despite a day of declines for all.
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 1.12-to-1.0. In actual numbers, there were 2,227 Decliners to 1,987 Advancers with 372 Unchanged.
Today, there were 561 new 52-Week Highs and 86 new 52-Week Lows. There were 559 new 52-Week Highs and 99 new 52-Week Lows yesterday.
The total volume of stocks traded today at the NYSE was 5,779,395,248, or 0.4% lower, practically about the same as the total volume of 5,802,064,895 shares traded yesterday.
On the NASDAQ, the Decliners outnumbered the Advancers. There were roughly three Decliners for every two Advancers, or an exact ratio of 1.60-to-1.0. In actual numbers, there were 2,871 Decliners to 1,786 Advancers with 265 Unchanged.
Today, there were 385 new 52-Week Highs and 70 new 52-Week Lows. There were 415 new 52-Week Highs and 84 new 52-Week Lows yesterday.
The total volume of shares traded at the NASDAQ today was 10,168,998,640, or 1% higher than, just about the same as the total volume of 10,052,849,362 shares traded yesterday.
Market Roundup Report
The indexes gave back some today. All indexes ended the session in the red. Russel 2000 was at a point as high as 2,488 but ended the session at 2,457.51. There was no support today for indexes climbing higher. Gold hit a record high again today, further defying the rules and ideas about extended price. Gold price is now more about uncertain economic policies than the usual stock price moving market forces. The price of gold will probably not decline by much during President Trump’s tenure in office.
Technology stocks led the decline today. Nvidia Corp (NVDA) was down about 2.8%. Apple Inc. (AAPL), META Platforms (META) and Intel (INTC) were all down today.
While technology stocks go into consolidation, you can shift gears to healthcare services. McKesson Corp (MCK) is a good stock to add to your watchlist. This stock has been a steady performer during the last four years. McKesson Corp is engaged in diversified healthcare services. MCK stock gained 6.36% or $44.31 today and closed at $741.31 with 1.14M shares traded.
Oil Price: U.S. crude oil futures increased today to $63.70 a barrel. US Oil price is at $63.49 per barrel, as of the time (12:30 am ET, Wednesday) of this post update.
10–year Treasury Yield: The 10-year Treasury yield fell to 4.11% today. The 10-year yield is at 4.102%, as of the time (12:30 am ET, Wednesday) of this post update.
Gold is down, $9.10 at $3,807.20 per troy ounce, while Silver is also down -0.20 or -0.41% at $44.41 per ounce as of the time of this post update.
Bitcoin (BTC-USD) is at $112,642.00, up $933.63 or 0.84% as of the time (12:30 am ET, Wednesday) of this post update.
After-hours action: Stock Futures are little changed Tuesday evening. Dow Futures is up 72.00 points or 0.16% vs. fair value. S&P 500 futures is up 9.00 points or 0.13% at 6724.00, and Nasdaq 100 futures is up 43.50 points or 0.18% as of the time (12:30 am ET, Wednesday) of this post update.
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(c) This article is published by The Canadian Vanguard on September 23, 2025.
