Category: Uncategorized
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 on hopes of forthcoming interest rate cuts.The Dow surged by […] This post is only available to members. If you are already a member then cleck here to Login log in
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 cent to $82.2-billion in May.The overall decrease came as sales […] This post is only available to members. If you are already a member then cleck here to Login log in
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 and South Korea and a refinery in Brunei have bought […] This post is only available to members. If you are already a member then cleck here to Login log in
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 a failed bid for rival U.S. Steel last year.Cliffs’ CEO […] This post is only available to members. If you are already a member then cleck here to Login log in
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% year on year GDP increase in the first quarter. Retail […] This post is only available to members. If you are already a member then cleck here to Login log in
Calendar: July 15 – July 19
Monday July 15China’s Third Plenum policy meeting runs through ThursdayChina real GDP for the second quarter, plus June industrial production, retail sales and fixed asset investmentEuro area industrial production830 am […] This post is only available to members. If you are already a member then cleck here to Login log in
U.S. bank earnings and interest rates: What world markets will be watching next week
Federal Reserve Chair Jerome Powell’s testimony and U.S. inflation data top the agenda in the week to come, with U.S. banks reporting earnings and rate decisions due in New Zealand […] This post is only available to members. If you are already a member then cleck here to Login log in
Calendar: July 8 – July 12
Monday July 83 pm ET: U.S. consumer creditTuesday July 96 am ET: U.S. NFIB small business economic trends survey10 am ET: U.S. Fed Chair Powell testifies to the Senate Banking […] This post is only available to members. If you are already a member then cleck here to Login log in
TSX Ends 0.8% Down As Energy, Financials Shares Decline
Published: 7/5/2024 5:42 PM ET | The Canadian market snapped a three-day winning streak and ended weak on Friday, weighed down by losses in energy sector after oil prices drifted lower. Investors digested […] This post is only available to members. If you are already a member then cleck here to Login log in