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 […]
Category: Uncategorized
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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 […]
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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 […]
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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 […]
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Economic Calendar: Oct 2 – Oct 5
Monday October 2 Canada’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 […]
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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 […]
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Canadian Stocks Rebound From Recent Losses; TSX Ends 0.8% Up
Published: 9/28/2023 5:24 PM ET After 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. […]
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TSX Ends Weak For 2nd Straight Day
Published: 9/27/2023 5:58 PM ET The 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 […]
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Enbridge’s $4.6-billion equity sale raises hopes for revival in Canadian ECM issuance
A recent $4.6-billion capital raise by Enbridge ENB-T -1.23%decrease and a raft of new U.S. deals have spurred optimism for a revival in Canadian equity capital markets (ECM) issuance, bankers and lawyers said. […]