Trump Vows 100% Tariff On Chips, but Markets indifferent
The Canadian Vanguard Stock Market Report – Wednesday, August 6, 2025 Edition
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The Toronto Market
The TSX composite index gained 350.79 points or 1.27%, to close the session at 27,920.87. The TSX looks set to cross the 28,000 level. That should happen sooner rather than later. Given the TSX’s current momentum, the 28000 barrier will likely fall within the next few market sessions.
Today’s Market Statistics: The issues that gained (Advancers) outnumbered those that declined (Decliners). There were three Advancers for every two Decliners, or a more exact ratio of 1.54-to-1.0. In real numbers, there were 1,152 Advancers to 744 Decliners while 148 stocks remained Unchanged.
Today, there were 163 new 52-Week Highs and 16 new 52-Week Lows. There were 176 new 52-Week Highs and 16 new 52-Week Lows yesterday.
The total volume of shares traded at the TSX today was 422,468,539, practically the same as the volume of 421,725,530 shares traded yesterday.
Market Roundup Report
The Toronto market continued the buoyant mode from yesterday. More stocks are making new highs than are making new lows and the market breadth was broad. The index is firing on all cylinders.
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The US Markets
The Dow Jones Average index gained 81.38 points or 0.18%, to close the session at 44,193.12. The S&P 500 index gained 45.87 points or 0.73% to close at 6,345.06. The Nasdaq Composite declined 252.87 points or 1.21%, to close the session at 21,169.42. In small caps, Russell 2000 gave back some today, declining -4.38 points or -0.20% to close the session at 2221.29.
Today’s Market Statistics
At the NYSE, the issues that gained (Advancers) prevailed over the issues that declined (Decliners). There was one Advancer for every Decliner, pretty close, or a more exact ratio of 1.12-to-1.0. In actual numbers, there were 2,149 Advancers to 1,922 Decliners with 366 Unchanged.
Today, there were 166 new 52-Week Highs and 76 new 52-Week Lows. There were 158 new 52-Week Highs and 67 new 52-Week Lows yesterday.
The total volume of stocks traded today at the NYSE was 5,502,223,041, or 3% less than the total volume of 5,661,699,365 shares traded yesterday.
On the NASDAQ, the Decliners barely edged out the Advancers today. There was one Decliner for every Advancer, or an exact ratio of 1.08-to-1.0. In actual numbers, there were 2,377 Decliners to 2,195 Advancers with 265 Unchanged.
Today, there were 116 new 52-Week Highs and 126 new 52-Week Lows. There were 116 new 52-Week Highs and 98 new 52-Week Lows yesterday.
The total volume of shares traded at the NASDAQ today was 8,845,366,313, or 6% more than the total volume of 8,320,088,816 shares traded yesterday.
Market Roundup Report
The subtle volatility, the series of up today, down tomorrow sessions, in the US markets continues. Today, thanks very much to technology stocks, the rally remains very much alive. Investors, however, should still be cautious and be ready to react to any abrupt surprises from the market. NASDAQ’s performance today was driven by Technology companies’ earnings. The extra gift, from NASDAQ, is the volume of shares traded. NASDAQ was up, and the volume of shares traded was up a good 6%. That tells us that the upswing today was supported by institutional investors – institutional investors, the big guys, are buying, not selling – good news indeed. The rally is not collapsing soon. A problem to watch out for is that a good number of the tech stocks are extended.
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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.
