Daily News

Federal Reserve Chair Jerome Powell outlined his most aggressive approach to taming inflation to date, potentially endorsing two or more half percentage-point interest-rate increases while describing the labor market as overheated. “I would say that 50 bas...

Friday is proving a washout for investors as increasingly bigger bets on Federal Reserve tightening prompted traders to offload risk and haven alike before the weekend. The technology-heavy Nasdaq 100 is on track for its worst month since 2008, short-dated...

U.S. stocks slid as the selloff in Treasuries resumed, with traders bracing for the possibility of more aggressive policy tightening by the Federal Reserve. The dollar gained. The S&P 500 dropped 1.5 per cent in a dramatic reversal of a more than 1 per cen...

Paul Harris, partner and portfolio manager at Harris Douglas Asset Management FOCUS: North American and global stocks MARKET OUTLOOK: I think we are in a period of extended volatility with the Ukraine-Russian crisis and the U.S. Federal Reserve rat...

Canada's main stock index slipped from early gains to post its largest daily slump in three months on fears of slowing economic growth as members of the U.S. Federal Reserve signalled that an aggressive rate hike is coming next month to tame inflation. Cra...

Kevin Carmichael: Concession will fuel speculation of steeper hikes, but half a point still best bet Bank of Canada governor Tiff Macklem acknowledged inflation ended the first quarter hotter than he expected, a concession that will feed speculatio...

Most U.S. stocks rose with earnings in focus, while Treasuries rallied as a growing chorus of money managers said inflation is nearing a peak and rate-hike bets are overdone. After a roller-coaster session, the S&P 500 ended little changed with nine of 11...

Josef Schachter, president of Schachter Energy Research Services Inc FOCUS: Energy and energy service stocks MARKET OUTLOOK: We believe that a new commodity super cycle started in 2020 for energy, metals and grains due to underinvestment and the su...

The Bank of Canada will likely deliver a repeat of last week’s jumbo rate hike at its next policy decision, according to market pricing.   Trading in overnight swaps show investors are now fully pricing in a second 50-basis-point increase at the central ba...

U.S. stocks gained in a broad-based rally as investors weighed the resilience of the economy against prospects for aggressive policy action to curb inflation. Treasury yields climbed across the curve, while oil fell on demand concerns. The S&P 500 bounced...