The Canadian Vanguard Stock Market Report – Tuesday, May 27, 2025 Edition
The markets roared back, but NVIDIA earnings report due tomorrow morning looms large
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The Toronto Market
The TSX composite index advanced 195.87 points or 0.75%, to close the session at 26,269.00. The TSX is up three consecutive sessions. Interestingly, the TSX was up about the same amount today as at the last market session. The total volume of shares traded today was about the same as yesterday, but a mere 3% higher.
The Market Breadth: Nine of the ten major sectors gained today. Technology, up 1.67%, was the top sector. Durable Consumer Goods & Services gained 1.40%; Utilities was up 0.98%; Discretionary Consumer Goods & Services was up 0.98%; Financials was up 0.97%; Telecommunications Services was up 0.76%; Energy gained 0.63%; and Basic Materials, down -0.09%, was the laggard sector today.
Industry Groups: The top five industry groups in the TSX today were: Computer Hardware, up 14.27%; Highway & Railtracks, up 5.35%; Casinos & Gaming, up 3.95%; Leisure & Recreation, up 3.77%; and REIT – Residential & Commercial, up 3.04%.
Today’s Statistics
Today, the issues that gained (Advancers) outnumbered those that declined (Decliners). There were roughly five Advancers for every two Decliners, or a more exact ratio of 2.66-to-1.0, quite bullish. In real numbers, there were 1,426 Advancers to 535 Decliners while 127 stocks remained Unchanged.
Today, there were 188 new 52-Week Highs and 11 new 52-Week Lows. There were 129 new 52-Week Highs and 8 new 52-Week Lows yesterday.
The total volume of shares traded at the TSX today was 195,844,218, or 3%, slightly more than the volume of 190,208,764 shares traded yesterday.
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The US Markets
The Dow Jones Average index advanced 740.58 points or 1.78% to close at 42,343.65. The S&P 500 index gained 118.72 points or 2.05% to close at 5,921.54. The Nasdaq Composite vaulted 461.96 points or 2.47%, to close at 19,199.16. In small caps, Russell 2000 advanced by 50.55 points or 2.48% to close at 2090.40.
The Market Breadth
We have a Rising Tide day. Today, the market was bullish, that qualifies for our “Rising Tide Day” label since all the major sectors gained in Tuesday’s market session and at least two sectors gained higher than 2%. Durable Consumer Goods & Services gained 2.72% to be the top sector in Tuesday’s market session. Technology gained 2.35%, Industrials gained 1.85%, and Financials gained 1.75%. Basic Materials was up 1.09%; Utilities gained 0.93%; Energy was up 0.91%; Discretionary Consumer Goods & Services was up 0.89%; and Telecommunications services, up 0.42%, was the day’s laggard.
Industry Groups: The top five industry groups in the TSX today were: Auto & Truck Manufacturers, up 5.02%; Retail – Computers & Electronics, up 4.57%; Commercial Printing Services, up 4.39%; Footwear, up 4.34%; and Diversified Trading & Distributing, up 4.26%.
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Today’s Market Statistics
At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were roughly five Advancers for every Decliner, or an exact ratio of 5.42-to-1.0. In actual numbers, there were 3,515 Advancers to 648 Decliners with 228 Unchanged. The session was bullish indeed.
Today, there were 222 new 52-Week Highs and 27 new 52-Week Lows. There were 92 new 52-Week Highs and 64 new 52-Week Lows on Friday. US markets were closed on Monday for the Memorial Day holiday.
The total volume of stocks traded today at the NYSE was 5,480,958,428, or 10% less than the total volume of 4,729,412,355 shares traded on Friday.
On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly five Advancers for every two Decliners, or an exact ratio of 2.58-to-1.0. In actual numbers, there were 3,271 Advancers to 1,264 Decliners with 210 Unchanged.
Today, there were 168 new 52-Week Highs and 66 new 52-Week Lows. There were 70 new 52-Week Highs and 111 new 52-Week Lows on Friday.
The total volume of shares traded at the NASDAQ today was 9,124,290,073, or 6% more than the total volume of 9,121,087,681 shares traded on Friday.
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Market Roundup Report
Gold mining and Retail stocks took a break today. Nvidia is set to report its fiscal first-quarter results after the closing bell on Wednesday. The report has the potential to affect the market, especially technology-heavy NASDAQ, on Thursday. The earnings report will provide an opportunity for a glimpse into how restrictions relating to China are affecting the company’s worldwide operations.
BYD Company (BYDDF), Tesla’s major competitor in the EV manufacturer industry, tumbled on Tuesday as a result of the price war he company started in China. BYDDF stock collapsed -9.75% or $5.80 to close at $53.70 with 556K shares traded in the US market. BYD Company is Tesla’s major competitor. Tesla was up as the stock broke upward from several sessions of consolidation. Tesla’s (TSLA) stock was up today. TSLA stock gained 6.94% or $23.55, closing at $362.89 with 120M shares changing hands. In a post on X, Elon Musk said he’s “back to spending 24/7 at work and sleeping in conference/server/factory rooms.” Investors are happy to see him pivoting away from Washington, D.C., and back to his companies.
Oil Price: US Oil price was up at $61.15 a barrel earlier in the day. US Oil price was $61.36 as of the time (9:30pm ET, Tuesday) of this post update.
10 –year Treasury Yield: The US Treasury 10-year yield was down to 4.47% earlier today. The 10-year yield was at 4.467% as of the time (9:30pm ET, Tuesday) of this post update.
After-hours action: Futures were up in Tuesday evening. Dow Futures was up 18.00 points or 0.04% vs. fair value. S&P 500 futures was up 0.04%, and Nasdaq 100 futures was up 0.06% as of the time (9:30 pm ET, Tuesday) of this post update.
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Regular Market Day Features
The Canadian Vanguard Beginner Investor’s Watchlist
The Blended Growth Stock Watchlist
EV Manufacturers and Resource Stocks
NOTICE TO READERS
