Daily News

Market Call Source: BNN Bloomberg November 18, 2023

Jason Del Vicario's Top Picks: November 17, 2023

Jason Del Vicario, portfolio manager, Hillside Wealth Management, iA Private Wealth FOCUS: North American and global growth stocks  MARKET OUTLOOK: Our thoughts never waver regardless of the macro backdrop; if anything, we favour challenging econom...

Source: BNN Bloomberg November 18, 2023

Markets today: S&P 500 stuck in tight range after ‘epic’ rally

Stocks saw small moves after a US$2.7 trillion rally in November that was fueled by speculation the Federal Reserve will end its hiking cycle to prevent an economic recession. The dollar erased its 2023 advance. The S&P 500 traded above 4,500, on pace for...

Source: BNN Bloomberg November 18, 2023

The Week Ahead: fall economic statement; CPI data due

Monday, Nov. 20 Notable data: Construction Investment, Bloomberg Nanos Confidence, U.S. Leading Indicators Notable earnings: Agilent Technologies, Keysight Technologies, Zoom Video Communications Tuesday, Nov. 21 Notable data: Consumer Pric...

Source: BNN Bloomberg November 18, 2023

Markets today: 'epic' stock rally fades amid signs of overheating

U.S. stocks saw small moves after a $2.7 trillion rally in November that was fueled by bets the Federal Reserve will end its hiking cycle to prevent a recession. The dollar erased its 2023 advance. The S&P 500 traded above 4,500, notching its third straigh...

Source: BNN Bloomberg November 18, 2023

These energy stocks have very disciplined capital spending: expert

The energy sector is experiencing volatile commodity prices but well-managed companies with disciplined spending should navigate the uncertainty well, according to at least one expert.  Waqar Syed, managing director of energy technology and services and he...

Source: BNN Bloomberg November 18, 2023

TSX recap: Index climbs 0.61% on strength in energy

Strength in energy stocks helped lead the way higher for Canada's main stock index Friday, while markets in the U.S. were muted.  The S&P/TSX Composite Index closed up 122.70 points, or 0.61 per cent, at 20,175.77. In New York, the Dow Jones Industrial...

Source: Financialpost November 18, 2023

'Long overdue': Frustrated tech leaders call for progress on open banking to increase competition

Allows consumers to take control of their financial dataTORONTO — Members of Canada’s increasingly frustrated fintech sector are calling on the federal government to move ahead with promised plans to give consumers more control over their financial data....

Source: Financialpost November 18, 2023

Posthaste: The wait to see how Canada's economy lands is almost over

Jobs market key to severity of downturn to come, says economist We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: The wait to see how Canada's economy lands is almo...

Source: Financialpost November 18, 2023

White House adds voice to growing backlash over Elon Musk’s endorsement of anti-Semitic post

Lions Gate latest to cut advertising on XFallout from an Elon Musk post endorsing Anti-semitic views continues to spread, prompting a rebuke from the White House and criticism from Tesla Inc. investors as advertisers flee his social media platform, X....

Source: Financialpost November 18, 2023

Ontario First Nations win $10-billion windfall — but it comes with a dilemma

What to do with the biggest treaty settlement in Canada's history remains a thorny issueBy Peter Kuitenbrouwer We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Ontario First...