Daily News

Michael Sprung, president, Sprung Investment Management FOCUS: North American large-cap stocks MARKET OUTLOOK: Volatile markets are likely to persist for some time. The pandemic highlighted the fragility of global supply chains and put a new focus...

Canada's main stock index ended down almost one per cent and U.S. stock indexes closed even lower following whipsaw trading after the U.S. Federal Reserve raised its key interest rate by three-quarters of a percentage point and signalled more sharp hikes to c...

Stocks came under pressure as Treasury yields hit multiyear highs, with traders bracing for a hawkish Federal Reserve that’s expected to boost rates to levels not seen since before the 2008 financial crisis. A slide in equities pushed the S&P 500 more than...

For stock traders grappling with a hawkish Federal Reserve and a looming recession, the next shoe to drop will be on corporate earnings, according to a BlackRock Inc. co-chief investment officer.  “What we’re concerned about increasingly is earnings downgr...

Canada's main stock index closed down almost one per cent in broad-based declines, similar to losses in U.S. stock markets a day ahead of the U.S. Federal Reserve's latest rate decision. The S&P/TSX Composite Index ended down 193.69 points, or 0.99 per cen...

Jamie Dimon took aim at higher capital requirements ahead of a pair of congressional hearings this week, calling an upcoming increase for JPMorgan Chase & Co. “bad for America.” Dimon, the longtime chief executive officer of the biggest US bank, is set to...

Christine Poole, chief executive officer and managing director at GlobeInvest Capital Management FOCUS: North American large-cap stocks MARKET OUTLOOK: Inflation, a lagging indicator, is moving in the right direction but remains too hot and well ab...

'The central bankers actually want a recession' It will be nearly impossible for the North American economy to avoid a recession because interest rates will have to rise much higher to quell inflation, according to the head of fixed income at B...

Stocks pushed higher in the final hour of New York trading, with a rally in megacaps like Apple Inc. and Tesla Inc. driving a rebound that followed the worst weekly rout for the market since mid-June. Major equity benchmarks had a tough time finding direct...

Canada's main stock index closed up, boosted in part by strength in the mining sector, while U.S. stock markets closed higher after falling earlier in the day. The S&P/TSX Composite Index ended up 176.50 points, or 0.91 per cent, at 19,562.38. In New Yo...