Daily News

Stocks closed higher at the start of a week that’s likely to be marked by unnerving market gyrations, with the Federal Reserve expected to deliver its biggest rate hike in two decades. Dip buyers emerged after the worst month for the S&P 500 since the onse...

The negativity in the U.S. stock market has become so overwhelming that a rebound may not be far off, JPMorgan Chase & Co.’s strategists say. In a note to clients, analysts led by Marko Kolanovic pointed to the closely watched American Association of Indiv...

In her first speech with the Bank of Canada, Senior Deputy Governor Carolyn Rogers talks about how independence and accountability help the Bank build and maintain t...

Technology stocks extended losses Friday as shares of what were once market darlings at the height of the pandemic headed for their worst monthly drop since the global financial crisis. Amazon.com Inc. led the decline with a 14 per cent drop, the worst sin...

There are early signs that interest rate hikes from the Bank of Canada are starting to feed through to the return rates of certain savings accounts. But the question remains on whether these higher returns will encourage Canadians to save more – especially co...

Greg Newman, senior wealth advisor and portfolio manager, Scotia Wealth Management FOCUS: North American stocks MARKET OUTLOOK: Central banks will likely continue to attack inflation by raising rates and shrinking their balance sheets. The multiple...

Amazon.com Inc. shares collapsed on Friday, with a loss in market value that ranks as one of the worst in Wall Street history after it gave an outlook that was seen as disappointing. The stock sank 14 per cent in its biggest one-day drop since July 2006, w...

Monday, May 2 Notable data: US ISM Manufacturing PMI, US Construction Spending Notable earnings: Cargojet, Nutrien, TMX Group, MEG Energy Tuesday, May 3 Notable data: US Factor Orders Notable earnings: Restaurant Brands, Calfrac Well Serv...

Shopify Inc. faces a wall of worry heading into its earnings release next week. Once a pandemic-era darling, shares in the e-commerce company have plunged nearly 70 per cent this year, the worst performance on Canada’s benchmark index, as a broader tech ro...

Andrew Moffs, senior vice president and portfolio manager, Vision Capital FOCUS: Real estate stocks MARKET OUTLOOK: Investor sentiment has been adversely impacted by the war in Ukraine, escalating geopolitical tensions and resulting in the weaponiz...