Daily News

Bitcoin rebounded after slumping along with stocks on Thursday, meeting resistance at the US$30,000 level around which it’s been trading for the past month.  The largest cryptocurrency rose as much as 2.5 per cent to US$30,372 during New York trading, whil...

As some investors sit on the sidelines while they await more clarity on interest rate hikes and the path of inflation, strategists at CIBC Capital Markets say exchange-traded funds that are tied to high interest savings accounts are becoming a popular portfol...

US equities started the month lower after a strong set of data suggested the Federal Reserve has not yet slowed growth enough to tamp down inflation, while JPMorgan Chase & Co.’s Jamie Dimon warned restrictive policies threaten to tip the economy into recessi...

  After a difficult first five months of 2022, the pain may not be over yet for global equity markets, according to Citigroup Inc. strategists. The prospect of downward revisions to earnings estimates is the latest headwind to face stock investors, alre...

Bruce Campbell, president and portfolio manager, StoneCastle Investment Management FOCUS: Canadian stocks MARKET OUTLOOK: May was another volatile month for markets with the completion of a seven-week selloff and a sharp snapback rally off the bott...

On June 1, the Bank of Canada decided to increase its policy interest rate by half a percentage point. Speaking the next day, Deputy Governor Paul Beaudry explains w...

A tumultuous May for markets ended almost exactly where it started in equities, with a late-session drop Tuesday depositing the S&P 500 less than a point higher than its level a month ago. It was a final twist in a month that saw volatility surge and debates...

The relief rally in US equities has limited scope to go much further as risks to growth remain prevalent, according to Morgan Stanley’s Michael Wilson. “Last week’s strength will prove to be another bear market rally in the end,” the strategist wrote in a...

Tesla Inc.’s grip on its retail trading fans is hard to shake. Retail buyers have remained steadfast even as the company’s troubles have mounted since April, sparking a dizzying drop in the electric-vehicle maker’s share price. And after last week’s 14 per...

Paul Gardner, partner and portfolio manager, Avenue Investment Management FOCUS: REITs, bonds and dividend stocks MARKET OUTLOOK: 2022 has been a tough year for most asset managers. It is rare for both stocks and bonds to be down significantly at t...