Daily News

But prices are still expected to be above the pre-pandemic level at the end of 2023 The average home price in Canada is expected to fall 23 per cent by the end of next year, predicts Desjardins Economics, in a significant downgrade to its earlier f...

Relying on an artificial boost of government-led hiring to prop up the economy is unsustainable News that the U.S. economy has contracted over two consecutive quarters has led to growing questions about the state of Canada’s economy. Statistics Can...

Tech stocks led the way lower for the S&P/TSX Composite Index on Tuesday. The index closed 90.87 points lower, or 0.46 per cent, to 19,578.30. Shopify took the most points off the tape, ending with a 7.45 per cent loss at $47.30 per share. On the positi...

David Baskin, chairman and president, Baskin Wealth Management FOCUS: North American large caps MARKET OUTLOOK: The three major forces that have battered the market in the first half of the year, COVID-19, inflation and the war in Ukraine, continue...

Stocks retreated as a downbeat outlook from another giant chipmaker added to recession fears, with many traders unwilling to make any risky bets before Wednesday’s pivotal inflation reading. A rally in the S&P 500 from its June lows hit a wall amid a fourt...

Vanguard Group has ushered in a new world order in the fixed-income exchange-traded fund arena. The Vanguard Total Bond Market ETF (ticker BND), with assets of roughly US$83.8 billion, has surpassed the US$83.2 billion iShares Core US Aggregate Bond ETF (A...

Stocks retreated after a three-week rally, with a gloomy forecast from Nvidia Corp. weighing on tech shares and traders awaiting inflation data for clues on the pace of Federal Reserve rate hikes. The S&P 500 erased gains that reached 1 per cent earlier in...

For foreign-exchange traders leery of taking a firm position on the mercurial US dollar right now, Canada’s currency is providing fertile ground for potential wagers. The greenback has climbed against all of its Group-of-10 counterparts this year, but the...

Canada’s benchmark stock index pared its gains throughout the trading day but still managed to end in positive territory on Monday as mining stocks rose. The S&P/TSX Composite Index closed 49.04 points higher, or 0.25 per cent, at 19,669.17. One market...

A dimming earnings outlook is at odds with the recent rebound in stock markets, according to strategists at Morgan Stanley and Goldman Sachs Group Inc. Both Morgan Stanley’s Michael J. Wilson and Goldman’s David J. Kostin expect corporate profit margins to...