Daily News

Stocks retreated after weak economic data, with traders awaiting more clarity on the Federal Reserve’s monetary policy path from the annual central bankers’ symposium later this week. The S&P 500 saw its third straight drop after swinging between gains and...

IG Wealth Management, one of Canada’s biggest asset managers, is cooling on the US stock market while boosting its position on its home country as valuations sink to some of their lowest levels on record. The Toronto-based asset manager, which oversees $11...

Gains in the energy and mining sectors helped lift Canada's main stock index into slightly positive territory Tuesday, outweighing the negative impact of Scotiabank's worse-than-expected third-quarter financial results. The S&P/TSX composite index closed u...

US institutional investors became more optimistic about stocks during the summer rally, but retail traders under 40 are becoming more gloomy over where markets are headed.  “I don’t think the storm will be over in this year or next year,” said Errol Colema...

Global banks stuck with US$80 billion in unappealing M&A financing debt are trying new tactics to find buyers.  In the case of the private-equity buyout of Citrix Systems Inc., they’re cutting the debt into smaller pieces to attract a wider pool of investo...

Christine Poole, chief executive officer and managing director at GlobeInvest Capital Management FOCUS: North American large-cap stocks  MARKET OUTLOOK: Drivers behind the rebound in stock markets from mid-June include encouraging inflation data, r...

Guaranteed Investment Certificates (GICs) are back on investors’ radars as their return rates jump -- but factor in sky-high inflation and it means money invested in GICs is still ultimately losing purchasing power. However, finance experts say these inves...

The unraveling of the latest meme stock frenzy is accelerating as bad news for one of the most popular retail-trader favorites piles up and investors dump riskier assets.  Bed Bath & Beyond Inc. tumbled 16 per cent, marking a now three-day drop that’s eras...

A sobering tone took over Wall Street after a rally that added US$7 trillion to the stock market, with traders bracing for hawkish rhetoric from Federal Reserve officials at the Jackson Hole retreat later this week. Equities saw their worst rout in two mon...

Canada’s largest stock index saw another day of triple-digit losses Monday, as U.S. markets also suffered a significant pullback against the backdrop of ongoing inflation fears. The S&P/TSX composite index was down 136.46 points at 19,974.92. Riskier secto...