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TSX edges higher as tech stocks rally amid U.S.-Canada trade uncertainty
TSX edges higher as tech stocks rally amid U.S.-Canada trade uncertainty

Business Recorder

time5 days ago

  • Business
  • Business Recorder

TSX edges higher as tech stocks rally amid U.S.-Canada trade uncertainty

Canada's main stock index edged higher on Friday, led by technology shares, even as U.S. President Donald Trump suggested the United States may not reach a negotiated trade deal with Canada. The benchmark S&P/TSX Composite Index rose 0.2% to 27,427.78 points, remaining on track for a modest weekly gain. Trump said on Friday that the United States may not reach a trade agreement with Canada, hinting his administration could set a tariff rate unilaterally. 'It's just a negotiating tactic by the U.S.', said Michael Constantino, CEO of online investment platform Webull Canada, adding that 'a tariff agreement with Canada is imminent'. Meanwhile, global equities fell as investors booked profits ahead of a critical week that includes the August 1 tariff deadline. Sentiment this week was buoyed by U.S. trade agreements with Japan, Indonesia, and the Philippines, while negotiations continue with the European Union and South Korea, raising hopes for additional deals. Investors also assessed the strength of Canadian corporate earnings in the second quarter. According to Constantino, there has been a noticeable influx of capital into the market, with growing interest in Canadian AI-focused stocks, which he says are 'taking the market by storm.' On the TSX, information and technology stocks climbed 1%, boosted by a 2.5% gain in Celestica after Cormark Securities raised its target price for the electronics firm. However, blockchain farm operator Bitfarms dropped 4.1% as bitcoin prices fell nearly 3%. Attention is shifting to key events next week, including policy decisions from the Bank of Canada and the U.S. Federal Reserve, as well as earnings reports from several 'Magnificent Seven' tech companies. A Reuters poll of economists expects the Bank of Canada to hold its overnight interest rate steady at 2.75% on July 30 for the third consecutive meeting.

Webull Canada Launches Options Level 1 and 2 from Cash Accounts, Advanced Order Types, and Over-the-Counter Securities Trading Français
Webull Canada Launches Options Level 1 and 2 from Cash Accounts, Advanced Order Types, and Over-the-Counter Securities Trading Français

Cision Canada

time28-04-2025

  • Business
  • Cision Canada

Webull Canada Launches Options Level 1 and 2 from Cash Accounts, Advanced Order Types, and Over-the-Counter Securities Trading Français

TORONTO, April 28, 2025 /CNW/ -- Webull Canada, an online investment platform and subsidiary of Webull Corporation (NASDAQ: BULL), today announced its launch of options level 1 and 2 trading from cash accounts, Advanced Order Types, and Over-the-Counter (OTC) Securities Trading. The Advanced Order Types are Take Profit (TP), Stop Loss (SL), and Good Til Canceled (GTC). Access to options level 1 and 2 from cash accounts offers expanded opportunities for trading and investing, enabling Webull users to fully utilize their existing portfolios to generate income and manage risk. Advanced Orders provide users with seamless trade management tools, empowering them to secure profits and manage risk more effectively and at the time of trade entry with less manual dependencies. Access to the OTC market gives users 400 more stocks to choose from daily. US listed stocks and options, in addition to Canadian listed stocks, are part of these offerings. "Our goal is to deliver a seamless investing experience while broadening access to products and services that unlock greater opportunities," said Michael Constantino, CEO of Webull Canada. "With these new functionalities, we're empowering users to take more control of their capital and focus on achieving their long-term financial goals." All new features are now available on the Webull Canada platform. For more information on Webull Canada and its products, visit About Webull Canada Webull Canada is a leading online investment platform built on next generation global infrastructure. Users of the Webull platform are empowered to pursue their financial goals with advanced charting tools, cutting-edge technology, and real-time market data. Through Webull's online brokerage, self-directed investors can access low-cost trading across a wide range of assets, including US and CA stocks, options, cash management, margins, and TFSAs & RRSPs. Webull Securities (Canada) Limited is regulated by CIRO and a member of CIPF. Explanatory brochures are available upon request or available at and For more information about Webull Canada, visit About Webull Corporation Webull Corporation (NASDAQ: BULL) owns and operates Webull, a leading digital investment platform built on next-generation global infrastructure. Through its global network of licensed brokerages, Webull offers investment services in 14 markets across North America, Asia Pacific, Europe, and Latin America. Webull serves more than 23 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares through Webull's trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at

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