Daily News

Canada’s main stock index was up more than 400 points after a tumble right out of the gate, while U.S. stock markets also recovered significantly from the dip.  The S&P/TSX Composite Index was up 407.35 points, or 2.24 per cent, at 18,613.63. In New Yor...

U.S. stocks roared back from losses sparked by a hot inflation reading on speculation the yearlong selloff had potentially reached a bottom.  The S&P 500 closed up 2.6 per cent after swinging more than 5 per cent during a wild trading day. The benchmark cl...

Kim Bolton, president and portfolio manager of Black Swan Dexteritas FOCUS: Technology stocks MARKET OUTLOOK: The equity markets are exiting what has historically been the weakest three-month period of the year and entering what has historically be...

Insider says he has never seen the market so soft Nervous investors looking to offload their pre-construction condos in the secondary market may find themselves out of luck, industry watchers say, as a softening real estate market and rising in...

'The curse of oil is real, and so is the dependence of many of the world’s democracies on the world’s petro-tyrants' Canada will have to fast-track energy and mining projects if it is to help its democratic allies and achieve its own net-zero a...

James Bullard’s inflation epiphany came when he tried to buy a bicycle.  It was March 2021, and the Federal Reserve Bank of St. Louis president couldn’t find the model he wanted in the local store, which was 90 per cent empty. So he ordered online -- only...

U.S. stocks fell with investors bracing for Thursday’s reading on consumer prices. Treasuries gained, while U.K. markets were roiled once again by confusion over the country’s policies. The S&P 500 slipped into the red in the final minutes of trading, capp...

Stock indexes in Canada and the U.S. ended the day slightly down as markets adopted a holding pattern ahead of U.S. inflation data expected Thursday.  The S&P/TSX Composite Index was down 10.40 points, or 0.06 per cent, at 18,206.28. In New York, the Do...

Bitcoin ownership significantly increased among Canadians last year, according to a survey released by the Bank of Canada. In the central bank’s 2021 Bitcoin Omnibus Survey, it found ownership levels increased to 13 per cent in 2021. The number of Canad...

BMO Capital Markets Chief Investment Strategist Brian Belski is still calling for the S&P/TSX Composite Index to hit 24,000 points by year-end, “for now.” “We're sticking with that for now, you know, if you take a look at where multiples are at 13 times an...