Daily News

U.S. equities advanced in the final minutes of trading and Treasury yields surged Friday as a solid U.S. jobs report buttressed the Federal Reserve’s case to use aggressive interest-rate hikes to tackle inflation. The S&P 500 ended higher after earlier flu...

GameStop Corp. shares rose 15 per cent in premarket trading and were on course to open at the highest level this year after the video-game retailer announced plans for a stock split, fueling a rally in fellow so-called meme stocks.  GameStop became the lat...

The surge in oil prices has fueled a rally in Canadian stocks this year which strategists say still has room to run.  The S&P/TSX Composite Index has gained 3.1 per cent, outperforming the S&P 500 by more than 8 percentage points. That’s the widest outperf...

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs MARKET OUTLOOK: After falling nearly 15 per cent to start the year, market volatility has eased somewhat, and the S&P 500 Index has bounced nine per ce...

Hedge funds distrust it, a clutch of strategists say it’s doomed, and the Federal Reserve probably wishes it would stop. But a fearsome stock market rally that has been giving prognosticators fits is refusing to go away.   A final-hour surge Friday salvage...

Investors in Russia’s sovereign bonds are looking further down the horizon as Vladimir Putin’s government navigates the fallout of international sanctions in order to stave off default. A carve-out in U.S. measures against Russia has allowed overseas bondh...

Financial markets began the week with modest moves across assets as investors assessed the latest central bank commentary and developments in Ukraine. Tech shares drove gains in American stocks, powered by Twitter Inc. The social media company surged as mu...

The Financial Conduct Authority and Bank of England will undertake reviews into the governance, market oversight and risk management of the London Metal Exchange after a massive short squeeze led to weeks of turmoil that paralyzed the nickel market. The LM...

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon called for ratcheting up sanctions against Russia in response to its invasion of Ukraine and said the Federal Reserve may ultimately raise interest rates more than the market expects. The U.S. should...

Elon Musk took a 9.2 per cent stake in Twitter Inc. to become the platform’s biggest shareholder, a week after hinting he might shake up the social media industry. Twitter shares surged as much as 26 per cent after Musk’s purchase was revealed Monday in a ...