Daily News

The S&P/TSX Composite Index capped off the front half of the year in negative territory, falling 11.13 per cent to rank 58th out of 92 of its global peers. The drop has the Toronto benchmark sandwiched between Latvia’s Riga Stock Exchange and the Slovenian bl...

The S&P 500 suffered its worst first half since 1970. But its dismal performance is not an indication of what’s to come. That’s according to analysis by S&P Dow Jones Indices that says historically, there has been little to no correlation between the index...

The selloff in stocks deepened after weak consumer-spending data fueled worries about a recession, with the S&P 500 suffering its cruelest first-half since Richard Nixon’s presidency. It was a rout for the history books, with the benchmark gauge down 21 pe...

This was supposed to be a blowout year for Canadian equities, benefiting from soaring commodity prices and a forceful post-pandemic rebound in consumer spending. Instead, the country’s benchmark index is slumping amid the global stock selloff, though not as b...

The stock market had a hard time finding direction on Wednesday, with traders assessing comments from central bank chiefs about the outlook for the economy and interest rates. The S&P 500 closed almost flat and above the Fibonacci 38.2 per cent retracement...

A dirty little secret in a US$1.2 trillion world of credit is getting exposed as the Wall Street rout deepens: Private debt is now the cheaper financing option for big-ticket leveraged borrowers than the ailing public market -- upending industry norms. As...

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global stocks MARKET OUTLOOK: I think we are in a recession and therefore we should see a decline in company profits. The bear market so far has b...

Whether it’s commendable courage or a refusal to face reality, a receding stock market tide has left Wall Street analysts sitting with price predictions that will take more than a little luck to come true. Bear-market casualties from Peloton Interactive In...

Shopify Inc. shares fell after the Canadian e-commerce giant completed a 10-for-1 split of its common stock on Wednesday. It’s the latest in a parade of tech-stock splits this year as companies in the beleaguered sector attempt to drum up interest among re...

Energy and technology helped push Canada's main stock index lower as a shrunken U.S. economy last quarter and aggressive comments from Fed officials had investors worrying about weaker demand and a potential recession. The government reported Wednesday tha...