Daily News

Source: BNN Bloomberg April 19, 2022

TSX reverses early losses to edge higher ahead of budget release

Canada's main stock index reversed early losses to edge higher Thursday as the materials and energy sectors strengthened ahead of the afternoon release of the federal budget. The S&P/TSX composite index closed up 46.29 points to 21,834.89. The day start...

Market Call Source: BNN Bloomberg April 19, 2022

Gordon Reid's Top Picks: April 7, 2022

Gordon Reid, president and CEO, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: The whole world is on edge and in a state of disbelief as the horrific accounts and images come out of Ukraine. Inflation continues to be a headline it...

Source: BNN Bloomberg April 19, 2022

U.S. stocks, bonds fall as tough week comes to end

Markets ended the week on a negative note as U.S. equities faded in the final minutes of trading and Treasuries fell on Friday following declines sparked by the Federal Reserve’s plan for aggressive monetary-policy tightening. The S&P 500 slid, bringing it...

Market Call Source: BNN Bloomberg April 19, 2022

Mike Archibald's Top Picks: April 8, 2022

Mike Archibald, vice president and portfolio manager, AGF Investments FOCUS: Canadian equities MARKET OUTLOOK: There is a lot of market uncertainty right now – central bank tightening, global turmoil, worldwide, inflation and supply chain disruptio...

Source: BNN Bloomberg April 19, 2022

Too much market info is jamming up real-time trading models

Trying to use stock and bond signals to forecast the economy is never easy. With all the wild swings in markets these days, it risks becoming an exercise in the absurd. Sometimes up, sometimes down, share prices and yield curves are bouncing around so much...

Source: BNN Bloomberg April 19, 2022

U.S. stocks fall as Treasury 10-year yield tops 2.75%

Stocks and bonds retreated Monday as investors focused on inflation and the impact of policy tightening by central banks. All major groups in the S&P 500 fell, while the tech-heavy Nasdaq 100 lost more than 2 per cent. Ten-year Treasury yields climbed thro...

Source: BNN Bloomberg April 19, 2022

Lower oil prices pull down energy sector and TSX to start week

Crude oil prices fell to their lowest level since before the Russian invasion of Ukraine as a spike of COVID-19 cases in China pulled down the energy sector and Canada's main stock index to start the trading week. China's zero-tolerance policy toward COVID...

Market Call Source: BNN Bloomberg April 19, 2022

John O'Connell's Top Picks: April 11, 2022

John O'Connell, CEO and CIO, Davis Rea FOCUS: North American large cap stocks MARKET OUTLOOK: Investors continue to reassess the prospects for economic growth as central banks begin the process of allowing interest rates to reflect economic reality...

Source: BNN Bloomberg April 19, 2022

Big tech swept into selloff erasing US$1T from Nasdaq 100

Traders are shunning technology stocks amid mounting risks from soaring Treasury yields and hawkish commentary from the Federal Reserve.  The Nasdaq 100 Stock Index sank more than 2 per cent Monday, adding to losses sustained last week that have erased ove...

Source: BNN Bloomberg April 19, 2022

Stocks finish lower in run-up to bank earnings

Stocks closed down as a surge in oil above US$100 a barrel reignited inflation worries, while big banks dropped ahead of the start of the financial earnings season on Wednesday. The S&P 500 erased gains that were earlier driven by speculation that price pr...