Daily News

U.S. equities rebounded from the worst rout since March, though ended well off session highs as a glut of earnings reports whipsawed sentiment. Dip buyers powered the S&P 500 as much as 1.6 per cent higher before a late-session rally left it higher by just...

Michael Sprung, president, Sprung Investment Management FOCUS: Canadian large cap stocks MARKET OUTLOOK: The war in Ukraine has further highlighted the fragility of the global economy. Supply chain disruptions over the past two years were already c...

One American fund manager said he’s “shocked” more international investment firms aren’t putting their money to work in Canadian stocks, considering their value relative to U.S. equities. “I'm shocked that hedge funds aren’t crawling across the border and,...

The world of commodity traders has long been a secretive one. The merchants who buy and sell the world’s resources have a massive global reach but are mostly privately owned and tend to operate away from public and regulatory view. Suddenly, it seems that...

Food and energy price surges worsened by the Ukraine war could last through the end of 2024 due to disruptions in trade and production, the World Bank Group said Tuesday.  Increase in energy prices, which has reached the largest since the 1973 oil crisis,...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large cap stocks MARKET OUTLOOK: No shortage of worries for investors right now with stocks still trading near record valuations, particularly in the high-growth sector...

COVID in China, war in Europe and changing perceptions about the invincibility of Big Tech companies are behind a plunge in the Nasdaq 100 Index that reached as much as 3.2 per cent on Tuesday. Only 10 of the index’s components are trading higher for the d...

U.S. stocks sank to the lowest in six weeks as doubts emerged that corporate profits can withstand the Federal Reserve stepping up its battle to tame runaway inflation. The rout persisted after the cash market closed, as results from Alphabet Inc., Texas I...

Tesla Inc. wiped roughly US$126 billion off its valuation Tuesday as the stock fell 12 per cent on investors’ concern that Elon Musk may sell shares to complete his US$44 billion takeover of Twitter Inc. The electric-vehicle maker’s market capitalization i...

Canada's main stock index lost more than 300 points as a big drop in the technology sector drove it to its lowest level in three months on ongoing concerns about slowing global economic growth. Giles Marshall, portfolio manager at Fiduciary Trust Canada, s...