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Breaking News: Latest Information That Impacts the Stock Market
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July 16 – At midday: TSX hits record high after cooler-than-expected inflation data
Canada’s main stock index hit a record high on Tuesday after domestic annual inflation eased more than expected in June,…
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Gold futures jump to record above $2,460 an ounce on hopes Fed will soon cut rates
Gold futures prices jumped to a record high Tuesday as rising expectations of a September interest rate cut bolstered demand…
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Bank of America shares jump 4% after saying net interest income rebound is coming
Here’s what they reported: Earnings of 83 cents a share vs. 80 cents a share estimate. Revenue of $25.54 billion…
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Dow jumps 500 points to record, Russell 2000 gains nearly 2%: Live updates (July 16, 2024)
The Dow Jones Industrial Average advanced to new highs on Tuesday, as the market rally continued broadening out beyond big technology names…
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Canadian wholesale trade falls in May as manufacturing sales tick up
Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.8 per…
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Refiners in Japan, South Korea join China in buying cargoes from Canada’s Trans Mountain pipeline: sources
Asia’s crude oil imports from Canada’s newly expanded Trans Mountain pipeline will rise in September as major refiners in Japan…
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Cleveland-Cliffs to buy Canadian steelmaker Stelco for $2.8 billion
Cleveland-Cliffs said on Monday it will buy Canadian peer Stelco Holdings for C$3.85 billion ($2.8 billion), marking its first acquisition since…
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China reports second-quarter GDP growth of 4.7%, missing expectations
China’s National Bureau of Statistics on Monday said the country’s second-quarter GDP rose by 4.7%. That’s slower than the 5.3%…
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Calendar: July 15 – July 19
Monday July 15 China’s Third Plenum policy meeting runs through Thursday China real GDP for the second quarter, plus June…