Daily News

Bank of America is striking a bullish tone on the prospects for the S&P/TSX Composite Index, staking an argument Toronto’s benchmark will outperform the S&P 500 over the course of the next decade. In a note to clients, Bank of America outlined seven reasons i...

Gordon Reid, president and chief executive officer, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Good riddance to September 2022, the worst September performance in U.S. equity markets since 2008. The quarter was a wild ride, re...

Canada's main stock index ended down along with U.S. markets as central bank leaders emphasize the need to raise rates, while oil prices and energy stocks rose in reaction to news of production cuts by OPEC plus. The S&P/TSX Composite Index closed down 256...

Amid volatility in oil markets, Eric Nuttall, a partner and senior portfolio manager at Ninepoint Partners, said his fund is not holding any cash and is fully invested.  Despite the recent drawdown in energy stocks, Nuttall said in a television interview T...

Jamie Golombek: The cases involved an overcontribution and the constitutionality of the TFSA's 100-per-cent advantage tax Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commissio...

Employment was little changed, but wages rose 5.2 per cent from last year Canadian employment was little changed in September from the previous month, and the unemployment rate dropped to 5.2 per cent, albeit because fewer people told Statistic...

Gold declined -- after surging past US$1,700 an ounce on Tuesday -- as traders weighed whether the US central bank may moderate its hawkish stance after the release of weak U.S. data. The metal ticked lower Wednesday as the dollar and Treasury yields rose,...

Private capital strategies are set to nearly double assets under management over the next five years, according to data provider Preqin, even as the fast-growing industry adjusts to a tougher macro environment. Private markets, encompassing private equity...

Markets in Canada and the U.S. were slightly down Wednesday after two days of optimism at the beginning of the fourth quarter, as virtually everything other than oil reversed its early-week rally. The S&P/TSX Composite Index was down 135.90 points, or 0.7%...

For many stock traders, it felt just about right that the market would take a breather after the dramatic rally of the past couple of days. After a bounce that started around noon in New York and was attributed to a big options trade, the S&P 500 came back...