Portfolio managers are recommending growth stocks like Canadian Pacific Railway and Nvidia, while the Bank of Canada's rate path remains influenced by market factors.

The entities involved

• Bank of Canada →

  central bank of Canada

  • Statistics Canada released new data detailing trends in self-employment, gig work, and long-term unemployment.Mon 11:01
  • The Middle East conflict is driving higher fuel costs.Mon 05:46
• Canadian Pacific Railway →

  Class I railroad in Canada and U.S.

  • The NTSB investigated a Canadian Pacific Railway train derailment that occurred in Foster County, ND.Mon 14:41
• Nvidia →

  American multinational technology company

  • Apple is utilizing TSMC for advanced chip manufacturing, a trend observed alongside market pricing pressures affecting sales volume.Mon 17:45
  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34

Related events

• Market performance linked to financial centers as Nvidia CEO discusses company strategy and guidance raises affect market sentiment.Aug 27