The Canadian Vanguard Stock Market Report – Wednesday, July 2, 2025 Edition
Rally Broadens as Small Caps surged again; NASDAQ climbs, Dow drags
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The Toronto Market
The TSX composite index gained 12.55 points or 0.05%, to close the session at 26,869.66. There was some volatility throughout the session, but the TSX closed well off the lows of the day. The Toronto Stock Market was closed yesterday for the Canada Day holiday.
The Market Breadth: Telecommunications Services, up a healthy 2.64%, was the top sector today. Retail sector did not do well, but Consumer staples did better. Durable Consumer Goods & Services gained 1.51%; Healthcare gained 0.93%; and Basic Materials gained 0.82%. Energy gained 0.51%. Financials declined -0.37% and Technology declined -0.44%. Utilities, down -0.54%, and Discretionary Consumer Goods & Services, down -1.92%, were the bottom performers today. Six of the ten major sectors gained.
Industry Groups: The top five industry groups in the TSX today were: Aerospace & Defence, up 8.36%; Wireless Telecommunications Services, up 7.18%; Auto/ Truck/ Motorcycle Parts, up 6.65%; Insurance – Multiline, up 6.09%; and Leisure Products, up 5.96%. Bombardier Inc. (BBD.B) stock was the main contributor to the gain today by the Aerospace & Defence industry group.
Today’s Market Statistics
Today, the issues that gained (Advancers) totally outnumbered those that declined (Decliners). There were roughly five Advancers for every four Decliners, or a more exact ratio of 1.26-to-1.0. In real numbers, there were 1,096 Advancers to 867 Decliners while 121 stocks remained Unchanged.
Today, there were 236 new 52-Week Highs and 15 new 52-Week Lows. There were 229 new 52-Week Highs and 15 new 52-Week Lows yesterday.
The total volume of shares traded at the TSX today was 441,252,644, or 12% higher than the volume of 393,685,322 shares traded yesterday.
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The US Markets
The Dow Jones Average index declined a mere -10.52 points or -0.02%, to close the session at 44,484.42. The S&P 500 index gained 29.41 points or 0.47% to close at 6,227.42. The Nasdaq Composite advanced 190.24 points or 0.94%, to close the session at 20,393.13. In small caps, Russell 2000 gained 28.84 points or 1.31% to close at 2226.38. The small caps, today, continued the upward tempo from yesterday, even increasing the size of the percentage gain.
The Market Breadth: Basic Materials, up 2.09%, led the sectors today, repeating yesterday’s performance. Energy gained 1.72%; Technology gained 0.96%; Durable Consumer Goods & Services gained 0.75%; and Financials gained 0.34%. Telecommunications Services, down -0.80%, and Utilities, down -0.99%, were the bottom performers.
Industry Groups: The top five industry groups in the US markets today were: Coal, up 7.16%; Appliances, Tools & Housewares, up 6.10%; Chemicals – Diversified, up 4.80%; Marine Port Services, up 4.75%; and Oil & Gas Drilling, up 4.33%.
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 two Decliners, or an exact ratio of 2.33-to-1.0. In actual numbers, there were 3,070 Advancers to 1,107 Decliners with 251 Unchanged.
Today, there were 358 new 52-Week Highs and 41 new 52-Week Lows. There were 344 new 52-Week Highs and 50 new 52-Week Lows yesterday.
The total volume of stocks traded today at the NYSE was 5,738,130,845, or about 9.7%, roughly one-tenth, less than the total volume of 6,354,962,852 shares traded yesterday.
On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly five Advancers for every four Decliners, or an exact ratio of 1.29-to-1.0. In actual numbers, there were 3,082 Advancers to 1,443 Decliners with 269 Unchanged.
Today, there were 195 new 52-Week Highs and 68 new 52-Week Lows. There were 198 new 52-Week Highs and 78 new 52-Week Lows yesterday.
The total volume of shares traded at the NASDAQ today was 8,597,180,304, or 3.1% less than the total volume of 8,871,560,545 shares traded yesterday.
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Stock In The News /Stock To Watch
The Toronto Market
Monday evening, Bombardier announced a significant firm order for 50 of its performance-leading Challenger and Global aircraft, combined with a first-of-a-kind service agreement. The customer was a first-time customer according to the company. Together, the firm aircraft and service agreements are valued at US$1.7 billion, with deliveries set to begin in 2027. The first-time Bombardier customer will also hold 70 new aircraft purchase options. If all purchase options are exercised, the combined aircraft and service agreements’ value would reach more than US$4 billion. The customer has selected Bombardier’s top-ranked maintenance offerings to create an innovative partnership that will deliver an unmatched level of care and convenience for customers. The customer has elected to remain anonymous prior to unveiling their offering in the marketplace.
“This significant order underscores the competitive advantage Bombardier’s full scope of products and services brings to customers throughout the entire aircraft lifecycle, from design to delivery, then throughout the in-service journey,” said Éric Martel, President and CEO, Bombardier. “We build trust each day with each customer thanks to dedicated team members around the world who ensure their consistent satisfaction. Our more than 18,000 Bombardier employees are proud to welcome this new, important customer to our family.”
Delivering impeccable aircraft and services to elevate its customers’ experience on all fronts, Bombardier’s offerings set the standard in business aviation. The company’s Global and Challenger families of aircraft are renowned for their exceptional performance, proven reliability and passenger-centric cabin. Leveraging Bombardier’s impeccable engineering, these jets are designed to deliver a seamless travel experience, boasting industry-leading landing capabilities and the company’s signature smooth ride. Additionally, Bombardier’s worldwide service network delivers the company’s unmatched expertise to operators around the world, ensuring they benefit from a seamless experience at every point in their journey.
The Canadian Vanguard wrote on June 19, “The aviation sector stocks are doing well, also. Bombardier Inc. (TSX:BBD.B) and CAE Inc. (TSX:CAE) are stocks that we should possibly add to our watchlist.” Well, Bombardier stock made the big move today. Bombardier stock price was up more than 20% and accompanied by a significant increase in the volume of shares. In the jargon of the industry, the stock did “breakout” today. If you did not add (TSX:BBD.B) stock to your watchlist on June 19th, there is now a more compelling reason to add the stock to your watchlist. The stock should be worth following in the short and long term. It is not often we see an 11 billion dollar cap company jump 20% in one day. In addition to the above, Bombardier Inc. is Canadian.
Magna International Inc. (TSX:MG) is another stock you might want to consider for your watchlist. MG stock’s current Quarterly Dividend/Yield is $0.49 /4.78% which may possibly be comparable to or better than your bank’s current one-year GIC offer. The chart supplied below for the MG stock is one-year daily chart instead of our usual 3-month, daily chart.
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Regular Market Day Features
The Canadian Vanguard Beginner Investor’s Watchlist
The Blended Growth Stock Watchlist
Celestica Inc. was down today, but the stock has been an outstanding performer in the last twelve months. Moderate occasional pullbacks are considered positive and should be expected and managed for even more profit. Bombardier Inc. was up 21.37% today. Apple’s 3-month, daily chart is looking quite interesting. It is not deep enough to qualify as a double bottom, but it is worth keeping an eye on.
EV Manufacturers and Resource Stocks
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.
