Daily News

Canada’s benchmark stock index pared its gains throughout the trading day but still managed to end in positive territory on Monday as mining stocks rose. The S&P/TSX Composite Index closed 49.04 points higher, or 0.25 per cent, at 19,669.17. One market...

A dimming earnings outlook is at odds with the recent rebound in stock markets, according to strategists at Morgan Stanley and Goldman Sachs Group Inc. Both Morgan Stanley’s Michael J. Wilson and Goldman’s David J. Kostin expect corporate profit margins to...

Electric vehicle and renewable energy stocks rallied after the US Senate passed a key tax, climate and health-care bill, which Democrats called the largest investment in fighting climate change ever made in the country. Tesla Inc. shares charged ahead, ris...

Andrew Pyle, senior investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities MARKET OUTLOOK: The main theme for markets this year is how much we have been able to compress cycles through fear rhetoric and aggressive...

History shows that a rise in the cost of living follows excessive growth in the money supply Former Bank of Canada Governor John Crow was once asked whether the money supply had been used in the Bank’s economic model and forecasts he had just prese...

US stocks notched a weekly gain after a surprisingly strong jobs report alleviated recession fears but cleared the path for the Federal Reserve to raise rates sharply at its next meeting.  The S&P 500 suffered a decline on Friday after falling as much as 1...

Canadian stock investors who embraced a unique kind of depositary receipt that hedges against currency fluctuations ended up losing out because of the greenback’s gains. The securities from Canadian Imperial Bank of Commerce debuted about a year ago with a...

Brendan Caldwell, president and CEO, Caldwell Investment Management FOCUS: North American equities  MARKET OUTLOOK: In a recent commentary to the markets, the U.S. Federal Reserve signalled a willingness to tolerate a recession – hopefully mild – r...

The S&P/TSX Composite Index managed to end with a gain on Friday after spending most of the day in negative territory as investors digested another barrage of corporate earnings and a jobs report that fueled concerns about a slowing economy. The index clos...

Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day -- and sometimes more than that. While reporting second quarter results Thursday, ConocoPhillips informed investors that it wil...