Daily News

U.S. stocks suffered its worst monthly rout since March 2020 after markets were repeatedly pummeled by the Federal Reserve’s resolve to keep raising interest rates until inflation is under control.  The S&P 500 closed a volatile session lower. The index su...

Spiraling losses on Wall Street are now snowballing into forced asset liquidation, according to Bank of America Corp. strategists.  The NYSE Composite Index, which includes US stocks, depositary receipts and real estate investment trusts, has broken multip...

A volatile trading day capped the quarter as an early rally evaporated to leave the S&P/TSX Composite Index with the barest of gains while U.S. markets swung deep into the red. The S&P/TSX Composite Index closed up 2.38 points, or 0.01 per cent, Friday at...

The pound rallied for a fourth day as traders speculated the UK government will water down fiscal policies that pummeled the currency to a record low at the start of the week. Sterling soared over 1 per cent on Friday to US$1.1234, surpassing levels seen b...

Brianne Gardner, wealth manager and investment advisor, Velocity Investment Partners, Raymond James FOCUS: North American large-cap stocks  MARKET OUTLOOK:  We have some historically unique challenges right now, but we’re also heading into a season...

U.S. stocks plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone, and turmoil in Europe continued to fray investor nerves. The S&P 500 fell as much as 2.9 per cent during Thursday’s session but trimm...

Canada's main stock index ended down more than 1.1 per cent in broad-based declines on continued economic growth concerns, while U.S. stock markets also fell. The S&P/TSX Composite Index closed down 207.08 points at 18,441.84. In New York, the Dow Jones...

Darren Sissons, vice-president and partner, Campbell, Lee & Ross FOCUS: Global and technology stocks MARKET OUTLOOK: Given current market conditions, a regime change is clearly in effect, which drives four investment considerations moving forward....

U.S. stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted U.K. bonds and tentatively calmed markets. The S&P 500 snapped a six-day rout, rising the most since early last month, and for the f...

The Bank of Canada will begin publishing a minutes-like summary of deliberations by officials after each policy decision in an effort to enhance transparency as it faces one of the most severe tests of its credibility. The move comes in response to a revie...