Daily News

Monday brought a stark warning for Wall Street daredevils: Stocks are still in free fall and bearish sentiment is far from getting exhausted -- especially with hawkish central bankers rattling recession-obsessed markets like this. The S&P 500 just sank to...

A selloff in the riskier corners of the market deepened as the U.K.’s plan to lift its economy fuelled concerns about heightened inflation that could lead to higher rates, adding to fears of a global recession. It was a sea of red across equity trading des...

Nations are being forced to go it alone in erecting defenses against the relentless strength of the almighty greenback, with no sign that governments are willing to act in concert. Fueled by hawkish Federal Reserve policy, US economic strength and investor...

Rising fears around future economic growth weighed heavily on markets Friday, pushing Canada's main stock index sharply down along with the commodities that underpin so much of it, while U.S. markets also dropped. The S&P/TSX composite index ended down 521...

Investors are flocking to cash and shunning almost every other asset class as they turn the most pessimistic since the global financial crisis, according to Bank of America Corp. strategists. Cash had inflows of US$30.3 billion, while global equity funds s...

Goldman Sachs Group Inc. slashed its year-end target for the S&P 500 Index to 3,600 from 4,300, arguing that a dramatic shift in the outlook for interest rates moving higher will weigh on valuations for US equities. The higher interest-rate scenario in Gol...

A group of unions representing more than 3 million employees said it’s “deeply concerned” that the Bank of Canada is encouraging companies to push down wages amid historic inflation that’s hurting workers. The Canadian Labour Congress, in a toughly worded...

Treasury yields hit multiyear highs and stocks fell as a parade of central banks joined the Federal Reserve in boosting rates to curb scorching levels of inflation at the expense of economic growth. Ten-year US yields hovered near 3.7 per cent, the highest...

Canada's main stock index was again under pressure after the latest Federal Reserve rate decision also pushed down U.S. stocks in a volatile trading session. The S&P/TSX Composite Index closed down 181.86 points, or 0.95 per cent, at 19,002.68.  In New...

Paul Gardner, partner and portfolio manager, Avenue Investment Management FOCUS: REITS, fixed income and dividend stocks MARKET OUTLOOK: 2022 will continue to be challenging. The economic environment is difficult, pivoting between out-of-control in...