Shares of TELUS Corp. T, +0.47% inched 0.47% higher to C$29.62 Tuesday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.96% rising 0.96% to 21,274.81.

Dow, S&P 500 end less than 2% away from closing records

Shares of Illumina Inc. ILMN, -2.18% shed 2.18% to $362.28 Monday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.14% falling 0.14% to 4,670.29 and Dow Jones Industrial Average DJIA, -0.45% falling 0.45% to 36,068.87. This was the stock’s second consecutive day of losses. Illumina Inc. closed $193.49 below its 52-week high ($555.77), which the company achieved on February 12th.

‘Higher bond yields should not be disruptive for equities, but rather support our call for a growth to value rotation,’ say JPMorgan analysts

Shares of Rogers Communications Inc. Cl B RCI.B, +0.29% inched 0.29% higher to C$61.78 Monday, in what proved to be an otherwise all-around down trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, -0.06% falling 0.06% to 21,072.32.

The tech-heavy Nasdaq Composite Index eked out a slight gain in the final minutes of trading on Monday, after bearing the brunt of a broader stock selloff earlier in the day, while the S&P 500 and Dow industrials extended their losing streaks, with worries about Federal Reserve policy reverberating in financial markets.

Three Wall Street firms — Goldman Sachs Group Inc., JPMorgan Chase & Co., and Deutsche Bank AG — said they see the Fed delivering more than the three rate hikes that policy makers have penciled in for this year.

Shares of Modern Land (China) Co. fell as much as 38% after the Chinese property developer resumed trading amid creditor demands for the early repayment of debt.

Shares of Power Corp. of Canada POW, +0.86% rallied 1.06% to C$42.02 Thursday, in what proved to be an all-around favorable trading session for the Canadian market, with the S&P/TSX Composite Index GSPTSE, +0.06% rising 0.15% to 21,072.20.

Shimao Group Holdings Ltd. shares rose after local media reported that the Chinese developer is seeking to sell its real-estate projects and speed up sales of its assets.

U.K. manufacturers are positive on the outlook for the market in 2022, though the optimism is tempered by difficulties in accessing labor and increasing input costs, according to a new survey.