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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 […]

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 […]

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 […]

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’ […]

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 […]

Monday July 15 China’s Third Plenum policy meeting runs through Thursday China real GDP for the second quarter, plus June industrial production, retail sales and fixed asset investment Euro area […]

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 […]

Monday July 8 3 pm ET: U.S. consumer credit Tuesday July 9 6 am ET: U.S. NFIB small business economic trends survey 10 am ET: U.S. Fed Chair Powell testifies […]

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 […]