Daily News

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Watch: Desjardins...

The New York Stock Exchange is probing what caused wild price swings and trading halts when the market opened on Tuesday as shares for dozens of the biggest U.S. companies suddenly plunged or spiked. A “technical issue” that the exchange didn’t immediately...

U.S. stocks slumped after Microsoft Corp. warned about a slowdown in sales, fueling concern that even stalwart of the technology industry is getting hit as the economy cools. Shares of the software giant tumbled more than 4 per cent, putting the Nasdaq 100...

Canada's main stock index was down more than 100 points in late-morning trading led lower by losses in the energy and industrial sectors, while U.S. stock markets also fell.  The S&P/TSX Composite Index was down 136.25 points, or 0.66 per cent, at 20,493.3...

Jamie Murray, portfolio manager and head of research, Murray Wealth Group FOCUS: Global equities  MARKET OUTLOOK: The S&P 500 has bounced 15 per cent from its lows in October as inflation has rolled over and economies remain strong. Despite resound...

Boeing Co. reported a surprise loss to end 2022 — its sixth straight money-losing quarter — as higher costs slowed the planemaker’s recovery even though a late flurry of jet deliveries drove a surge in cash. Adjusted earnings were negative US$1.75 a share...

Tesla Inc. reported better-than expected profits in the latest quarter, signaling strength as it faces growing questions about carbuyer demand for its all-electric vehicle lineup.   The Austin, Texas-based company reported adjusted earnings of US$1.19 a sh...

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Here's what econo...

Legislative tweak will allow bank to get rid of its first red ink in history Finance Minister Chrystia Freeland will amend the Bank of Canada Act to give the central bank the ability to retain earnings, a legislative tweak that should allow gov...

Hike prime rates by 25 basis points to 6.7% The Royal Bank of Canada, Toronto-Dominion Bank, the Bank of Montreal, the Canadian Imperial Bank of Commerce, Bank of Nova Scotia and the National Bank of Canada have hiked their prime rates by 25 ba...