Latest News
Canadian Stocks Extending Losses As Bond Yields Rise To 16-year High
Published: 10/3/2023 12:13 PM ETIt’s turning out to be another weak outing for stocks on Bay Street, with investors pressing sales at several counters across the board on Tuesday, as U.S. […] This post is only…
Oct 2 @ The close: TSX dives to lowest in a year as U.S. bond yields reach new peak, dividend stocks skid
Canada’s benchmark stock index closed down 1.8% on Monday to its lowest in almost a year in a selloff that far outpaced Wall Street and inflicted damage on dividend-rich sectors […] This post is only…
Oct 2 @ midday: TSX plummets to near seven-month low as commodity-linked stocks drop
Canada’s main stock index fell to a near seven-month low as a decline in gold and oil prices dragged commodity-linked shares down, with a sharp rise in benchmark U.S. Treasury […] This post is only…
Senate passes stopgap measure in 88-9 vote, averting shutdown with three hours to spare
The U.S. Senate approved a stopgap spending measure to avert a government shutdown with just three hours to spare in a Saturday night vote. The final vote was 88-9.The House passed the short-term […] This post is only…
Oil settles lower but ends quarter up 28% on tight global supply
Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts squeezed global crude supply.Front-month Brent […] This post is only…
Economic Calendar: Oct 2 – Oct 5
Monday October 2Canada’s National Day of Truth and Reconciliation (stock markets open, bond markets closed)China, China and Euro zone manufacturing PMI(9:30 a.m. ET) Canada’s S&P Global Manufacturing PMI for September.(9:45 […] This post is only…
Can China’s economy reverse a sluggish 2023 in the last quarter? Here’s what to watch
The months ahead are set to bring more clarity on China’s economic outlook and any government support — especially for real estate. “Probably in half a year, we are going […] This post is only…
Canadian Stocks Rebound From Recent Losses; TSX Ends 0.8% Up
Published: 9/28/2023 5:24 PM ETAfter declining sharply in the previous two sessions, the Canadian market turned in a positive performance on Thursday with several stocks moving higher on bargain hunting.Consumer discretionary, […] This post is only…
TSX Ends Weak For 2nd Straight Day
Published: 9/27/2023 5:58 PM ETThe Canadian market ended notably lower for a second successive session, as stocks tumbled on Wednesday amid rising concerns about interest rates and the outlook for global […] This post is only…