The Canadian Vanguard Stock Market Report – Weekend, Aug 22 – 24, 2025 Edition

Jackson Hole Speech sends indexes rallying to new Highs 

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The Toronto Market

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The TSX composite index gained 277.70 points or 0.99%, to close the session at 28,333.13. The index firmed up its stay above the 28,000 level after crossing over it for the first time yesterday.

The Market Breadth:  Seven of the ten sectors gained. Technology led with a 2.84% gain. Basic Materials sector gained 1.75%, continuing to place among the top two sectors in the past three sessions. Energy gained 1.05%, Industrials gained 0.99% and Financials gained 0.80%. Discretionary Consumer Goods & Services gained 0.77% and Healthcare gained 0.42%. Utilities declined -0.55%, Telecommunications Services declined -0.69% and Durable Consumer Goods & Services declined a deep -2.54%.

Industry Groups:  The top five industry groups in the US markets today were: Chemicals – Commodity, up 4.37%; Coal, up 4.31%; Leisure Products, up 3.92%; Textiles & Leather Goods, up 3.85%; and Construction – Supplies & Fixtures, up 3.79%.

Week’s Review: This was a very good week for stocks in the TSX. All ten major sectors gained this week. Healthcare, up 6.04%, was the top gainer among the sectors. Basic Materials sector followed with a 3.03% gain. Energy gained 2.72%, Technology gained 1.88% and Industrials gained 1.80%. Discretionary Consumer Goods & Services was up 1.11% for the week, Financials was up 0.90% and Telecommunications Services was up 0.62%.  Durable Consumer Goods & Services gained 0.41% and Utilities brought up the rear for the week with a 0.03% gain.

Today’s Market Statistics 

The issues that gained (Advancers) outnumbered those that declined (Decliners). There were roughly five Advancers for every Decliner, or a more exact ratio of 5.2-to-1.0. In real numbers, there were 1,673 Advancers to 323 Decliners while 109 stocks remained Unchanged.

Today, there were 451 new 52-Week Highs and 29 new 52-Week Lows. There were 165 new 52-Week Highs and 21 new 52-Week Lows yesterday.

The total volume of shares traded at the TSX today was 467,700,825, or 40% higher than the volume of 331,468,583 shares traded yesterday.

Market Roundup Report

The Toronto market was more bullish today, vaulting further into record territory. The daily volume of shares traded at the TSX index jumped 40% on Friday compared to Thursday after five sessions of almost steady daily volumes. The TSX has been outperforming the other indexes, although today, TSX closed up almost 1% while the US major indexes were up hugging 2%. Celestica Inc. (TSX:CLS) interrupted seven consecutive days of decline to post a gain on Friday. The stock declined 15% during the period.

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The US Markets

All three indexes rallied strongly today. Dow Industrial Average index, the top performer among the indexes, gained 846.24 points or 1.89%, to close the session at 45,631.74. The S&P 500 index gained 96.74 points or 1.52% and closed the session at 6,466.91. The Nasdaq Composite gained 396.22 points or 1.88%, and closed the session at 21,496.53. In small caps, Russell 2000 gained a hefty 87.85 points or 3.86%, and closed the session at 2361.95. Fed Chairman Jerome Powell’s speech at the Jackson Hole summit sent indexes rallying strongly to new highs. Small caps rallied almost 4% while each of the three major indexes rallied close to 2%.

The Market Breadth: Unlike the bearish atmosphere on Thursday, the market breadth was broad on Friday as eight of the major sectors gained. Discretionary Consumer Goods & Services gained 2.98% to lead the sectors. Basic Materials gained 2.26%. Financials gained 1.99% as Bank of America reached 52-Week High. Technology gained 1.82%, Energy gained 1.80%, Industrials gained 1.77%, and Utilities gained 0.69%. Durable Consumer Goods & Services and Telecommunications Services declined -0.10% and -0.92% respectively, and were the only two sectors that declined today.

Industry Groups: The top five industry groups in the TSX today were: Textiles & Leather Goods, up 8.60%, Retail – Departmental Stores, up 7.28%, Oil & Gas Drilling, up 6.89%; Marine Port Services, up 6.89%; and Paper Products, up 6.16%.

Week’s Review: Eight of the major sectors gained weekly this week. Healthcare, up 4.68% was the top sector. Energy followed with a 2.49% gain. Basic Materials gained 2.15% and Financials gained 2.01%. Discretionary Consumer Goods & Services gained 1.76%, Industrials gained 1.51% and Durable Consumer Goods & Services gained 1.38%. Telecommunications Services and Technology declined -0.37% and -0.86% respectively.

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Today’s Market Statistics 

At the NYSE, the issues that gained (Advancers) outnumbered the issues that declined (Decliners). There were nine Advancers for every Decliner, or a more exact ratio of 9.35-to-1.0. In actual numbers, there were 3,835 Advancers to 410 Decliners with 197 Unchanged.

Today, there were 609 new 52-Week Highs and 44 new 52-Week Lows. There were 127 new 52-Week Highs and 46 new 52-Week Lows yesterday.

The total volume of stocks traded today at the NYSE was 5,123,510,038, 24% higher than the total volume of 4,110,801,203 shares traded on Thursday.

On the NASDAQ, the Advancers outnumbered the Decliners. There were roughly five Advancers for every Decliner, or an exact ratio of 5.23-to-1.0. In actual numbers, there were 3,933 Decliners to 752 Advancers with 116 Unchanged.  The markets on Friday were bullish indeed. The bears simply failed to show up.

Today, there were 193 new 52-Week Highs and 1 new 52-Week Lows. There were 85 new 52-Week Highs and 117 new 52-Week Lows on Thursday.

The total volume of shares traded at the NASDAQ today was 9,649,244,325, or 40% higher than the total volume of 6,749,697,770 shares traded on Thursday.

Market Roundup Report

The S&P 500 index terminated five consecutive sessions of decline to end Friday’s session with almost 2% gain. The Fed Chairman’s speech at Jackson Hole sent the indexes rallying strongly.

After-hours action: Stock Futures are closed Friday and Saturday evenings but will reopen at 6pm on Sunday. We shall update this report on Sunday evening to reflect the futures data as of that time.

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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.

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