Daily News

The S&P/TSX Composite Index dipped on Friday following the latest Canadian jobs report that showed the labour market tightened in June, providing more support for Bank of Canada interest rate hikes. Canada’s main stock index closed down 40.31 points at 19,...

John Hood, president and portfolio manager, J.C. Hood Investment Counsel FOCUS: Options and ETFs  MARKET OUTLOOK: One Bonfire of the Vanities-the bond traders; part two Tom Wolfe's novel became a best seller as Tom Hanks portrayed a hapless bond...

Energy stocks gave the S&P/TSX Composite Index a lift on Thursday as the price of oil closed back above the US$100-per-barrel mark. The TSX closed 333.51 points or almost two per cent higher at 19,063.17. Crescent Point Energy Corp. was one of the best...

Richard Stuchberry, senior portfolio manager, Wellington-Altus Private Wealth FOCUS: North American large caps and global ADRs MARKET OUTLOOK: The biggest question investors are asking right now is: “Is it over yet?” While the answer is no, we beli...

US stocks rallied for the fourth straight day on optimism that the Federal Reserve will be able to curb inflation without tipping the economy into a recession.  The S&P 500 and the tech-heavy Nasdaq 100 rose the most in two weeks. Commodities from oil to c...

Bitcoin rode a wave of risk-on momentum Thursday to hit its highest level in more than a week as recent economic data eased trader concerns that inflation will be too hot to tame. The world’s largest cryptocurrency by market capitalization jumped more than...

Kevin Carmichael: It feels like Canada is entering a new phase of persistently strong demand for workers Canada’s red-hot labour market cooled a little in June. It’s now only historically hot. Here’s what you need to know:...

Betting against tech has become a winning trade, with short sellers sitting on billions in paper profits as growth stocks slump. A historic rout in the so-called FAANG cohort -- Facebook owner Meta Platforms Inc., Apple Inc., Amazon.com Inc., Netflix Inc....

Canada’s main stock index climbed off its intraday low and U.S. markets ended in positive territory as investors brushed off the latest U.S. Federal Reserve minutes that showed officials advocated for a further rise in interest rates. The S&P/TSX Composite...

US stocks rose for the third straight day as investors parsed economic data that hinted at slightly slower growth, prompting some to brush off the hawkish stance that the Federal Reserve reiterated in its June meeting minutes as outdated.  The S&P 500 ende...