Globe Advisor
 

July 15, 2020

 
 
Latest market wrap
 
The close: Markets rise on vaccine hopes, travel stocks surge
 

ALY SONG/Reuters

The close: Markets rise on vaccine hopes, travel stocks surge
Canadian and U.S. stocks ended higher on Wednesday, following promising early data for a potential COVID-19 vaccine and a strong quarterly report from Goldman Sachs. It was the highest close for the TSX since March.

 
Moderna Inc rallied after a small-scale study showed its experimental COVID-19 vaccine produced high levels of virus-killing antibodies.

 
Travel-related stocks Carnival Corp, Royal Caribbean Cruises Ltd, Marriott International and Wynn Resorts surged, as did the S&P 1500 airlines index. On the TSX, Air Canada gained 13.82% and Chorus Aviation 13.37%.

 
 
Full Story
 
 
 
More stories below advertisement
 
 
 
latest stories from globe advisor
 
Is the MFDA taking enforcement of pre-signed forms too far?
 

nortonrsx/iStockPhoto / Getty Images

Globe Advisor content  Is the MFDA taking enforcement of pre-signed forms too far?
 

Joel Schlesinger

 
Full Story
 
Why more advisors are looking to go independent
 

FG Trade/iStockPhoto / Getty Images

Globe Advisor content  Why more advisors are looking to go independent
 

Brenda Bouw

 
Full Story
 
 
Editor's picks
 
Bank of Canada sees economy shrinking 7.8% this year; holds rates steady
 

BLAIR GABLE/Reuters

Bank of Canada sees economy shrinking 7.8% this year; holds rates steady
 

David Parkinson

 
Economics Reporter
 
Full Story
 
A smarter strategy for young, app-focused investors treating the stock market like a game
 

JIM WATSON/AFP/Getty Images

A smarter strategy for young, app-focused investors treating the stock market like a game
 

Rob Carrick

 
Personal Finance Columnist
 
Full Story
 
 
Latest stories from Globe Investor
 
  What you should include in your gold mini-portfolio
 

Gordon Pape

 
Full Story
 
  The market rally is grounded. Just look at banks
 

David Berman

 
Full Story
 
  Wednesday’s TSX breakouts: Wait for a pullback before buying this dividend stock benefiting from spiking hand sanitizer sales
 

Jennifer Dowty

 
Full Story
 
 
 
More stories below advertisement
 
 
 
Latest stories from Report on Business
 
  Streetwise newsletter: Ottawa deepens ties to Shopify with new small retailer support program during pandemic
 
Full Story
 
  U.K.-based real estate brokerage firm Purplebricks pulls out of Canada, sells operations to Desjardins
 

James Bradshaw

 
Full Story
 
Investment in electricity sector could be just what we need to jump-start economic activity
 

Jim Burpee

 
Full Story
 



Did you know? - We also have an Advisor Weekly newsletter to help you stay on top of your industry. Sign up today.

 
ProStation
 
A powerful tool for advisors, designed to help you attract, retain and manage clients. Create watchlists, model portfolios and investment proposals.
 
View More
 
 
About This Newsletter
The Globe Advisor: Midday Market Update newsletter provides a breakdown on the markets and stocks on the move for financial advisors. Visit the Globe Advisor section.

To unbusubscribe, use the link at the bottom of every email communication. Or log in to manage your Communication Settings.

Register for Globe Advisor for free.

Tips on how to stay logged in.

For feedback email Pablo Fuchs.