Daily News

Stocks finished the week on solid footing, with traders assessing whether an inflation slowdown could soon make the Federal Reserve reduce the pace of its most-aggressive tightening campaign in decades and prevent a hard landing. Defying the crowd of skept...

Canada’s benchmark stock index closed 2.85 per cent higher for the week as a risk-on sentiment returned among investors. The S&P/TSX Composite Index closed 187.93 points higher, or 0.94 per cent, to 20,179.81 on Friday. It’s the first time the index has cl...

Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks MARKET OUTLOOK: While the market frets of potential regional recessions and the impact that would have on short-term demand, the real story for oil remains...

Bank of America Corp. says investors are rushing back into stocks and bonds, with signs that inflation has peaked spurring bets the Federal Reserve will dial back its interest-rate hikes soon enough to keep the US economy out of a recession. Global equity...

Name all the economic rationales you want for the rebound, there’s something to be said for just having a high threshold for pain. That may be the simplest explanation for the recent path of US stocks, which just strung together the longest streak of weekl...

Rising interest rates might be bad news for Canadians with mortgages, but it also means higher rates on savings vehicles such as guaranteed investment certificates (GICs), prompting renewed interest in the investments. Mahima Poddar, senior vice-president...

The S&P/TSX Composite Index rose for a second day as investors analyzed corporate earnings and received more evidence that inflation in North America might have peaked. The Canadian benchmark index closed with a 105.94 point gain, or 0.53 per cent, to 19,9...

Stocks wiped out gains on speculation the rally that followed softer inflation data went too far, with the Federal Reserve still set to keep its monetary policy tight. Bond yields climbed. The S&P 500 edged lower after an advance that topped 1 per cent ear...

David Burrows, president and chief investment strategist, Barometer Capital Management FOCUS: North American large caps MARKET OUTLOOK: The investment team at Barometer believes that North American equity markets hit an important low in June and th...

Stocks surged as softer-than-expected inflation data fueled bets the Federal Reserve could pivot to a smaller pace of hikes -- a view taken with a grain of salt by market watchers saying officials may still be a long ways from achieving their goal. Traders...