Daily News

Canada’s benchmark stock index got a lift Monday as strength in energy and financial stocks offset weakness in the resource-heavy materials and technology sectors. The S&P/TSX Composite Index closed 121.56 points higher, or 0.64 per cent, to 19,104.48, wit...

Stocks wavered in a choppy session as traders braced for earnings from technology bellwethers amid the threats of a hawkish Federal Reserve, scorching inflation and a looming economic recession. Traders turned more cautious after last week’s rally, with th...

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global stocks MARKET OUTLOOK: The bear market so far has all been mostly multiple contractions. The S&P 500 P/E has gone from 24 to16 but EPS and...

The Bank of Canada today published its 2023 schedule for the release of its policy interest rate decisions and quarterly Monetary Policy Report. The dates are as f...

Even for Alphabet Inc., financial gimmickry is no match for the power of the bear market. The Google parent’s shares sank 2.5 per cent on Monday, the first day of trading after a 20-for-1 split that brought its stock price down to the US$100 range from mor...

The S&P/TSX Composite Index’s winning streak was halted Friday as losses in the technology subgroup led a broadly lower day for Canadian stocks. At 4:00 p.m. ET, the Canadian benchmark index closed down 79.93 points to 18,982.92. The TSX had closed higher...

US stocks fell as disappointing results from social-media firms and weak economic data added to recession fears. Treasuries rallied as traders dialed back bets on Federal Reserve hikes, while the dollar retreated. The S&P 500 dropped for the first time in...

Shane Obata, portfolio manager, Middlefield Capital FOCUS: Global large-cap stocks MARKET OUTLOOK: June was an extremely volatile month for equities with the S&P 500, TSX Composite and MSCI World, all declining by more than eight per cent. The S&P...

The 10 per cent surge in Tesla Inc. shares Thursday after the electric-vehicle maker reported strong earnings is creating one notable group of losers: The pile of traders betting against the stock.  Tesla is the most shorted stock in the world, with almost...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities MARKET OUTLOOK: Overweight cash, golds, staples, utilities, health care and other recession-resilient businesses. Avoid last cycle‘s leaders - FA...