Daily News

Whether it’s commendable courage or a refusal to face reality, a receding stock market tide has left Wall Street analysts sitting with price predictions that will take more than a little luck to come true. Bear-market casualties from Peloton Interactive In...

Shopify Inc. shares fell after the Canadian e-commerce giant completed a 10-for-1 split of its common stock on Wednesday. It’s the latest in a parade of tech-stock splits this year as companies in the beleaguered sector attempt to drum up interest among re...

Energy and technology helped push Canada's main stock index lower as a shrunken U.S. economy last quarter and aggressive comments from Fed officials had investors worrying about weaker demand and a potential recession. The government reported Wednesday tha...

Real estate and rental sector saw the largest monthly decline outside of pandemic plunge OTTAWA — The Canadian economy grew 0.3 per cent in April, matching analyst expectations, driven largely by the oil and gas sector, but most likely contracted i...

Warns against deeper spending cuts as economy poised to slow sharply One of Canada’s biggest credit unions is warning against deeper spending cuts from Prime Minister Justin Trudeau’s government to wrestle down inflation, saying the economy is pois...

Emerging market equities are on track for their worst first-half performance in 24 years, as investors fret over high inflation and a potential hit to the global economy from monetary tightening. The MSCI Emerging Markets Index has fallen about 17 per cent...

Recession fears are dimming chances that the Canadian market can continue this year’s outperformance. While the S&P/TSX Composite Index’s drop is less steep than other global indices, a looming economic downturn could test its resilience. Surging oil and g...

Bruce Murray, CEO and chief investment officer, The Murray Wealth Group FOCUS: North American growth stocks MARKET OUTLOOK: Markets have collapsed to levels which I believe are attractive with the S&P 500 now selling at P/E of 15.4x with an ROE of...

The recent underperformance in the energy sector has led one analyst to make a bullish call on the industry.    "We see this pullback as an attractive opportunity," Manav Gupta, an analyst at Credit Suisse, wrote to clients in a note on Tuesday.    Over th...

A rout in big tech weighed heavily on stocks, with gains in the broader market sputtering as a report showed Americans grew more downbeat about prospects for the economy. Traders got another reality check Tuesday after a worrisome reading on consumer confi...