Daily News

Stocks rallied the most since May 2020 and Treasury yields fell after Federal Reserve Chair Jerome Powell eased concern the central bank will embark on a more aggressive pace of tightening after delivering its steepest rate increase in two decades. Traders...

The brutal selloff in COVID-19 lockdown winners may not be over yet. After losing more than US$218 billion in combined market value since their pandemic-driven boom, shares of Peloton Interactive Inc., Zoom Video Communications Inc. and DocuSign Inc. are a...

The stock surge that followed the Federal Reserve decision proved short lived ahead of Friday’s jobs report, with traders worried that officials could struggle to fight inflation amid the threat of a recession. Just a day after notching the biggest rally i...

Stan Wong, portfolio manager at Scotia Wealth Management FOCUS: North American large caps and ETFs MARKET OUTLOOK: Market volatility has increased considerably in recent weeks with the CBOE Volatility Index (VIX) spiking above critical levels. Geop...

The violent stock selloff on Thursday means every single bet in Cathie Wood’s flagship strategy has lost money this year, with the sole exception of a money-market cash holding.  Exposure to BNY Mellon’s Dreyfus Government Cash Management Fund has contribu...

Shane Obata, portfolio manager, Middlefield Capital FOCUS: Global large cap equities MARKET OUTLOOK: April was the worst month for equity markets since 2020, with MSCI World, the S&P 500 and the Nasdaq Composite returning -8.3 per cent, -8.7 per ce...

Brian Madden, chief investment officer, First Avenue Investment Counsel FOCUS: North American equities MARKET OUTLOOK: Many of today’s investors have likely long forgotten the 1999-2010 era, a period in which Canadian stocks outperformed U.S. stock...

Volatility continued to dominate financial markets, with stocks pushing lower as the latest U.S. jobs data cemented expectations the Federal Reserve will remain on its rate-hike path to combat stubbornly high inflation. At the end of a week marked by fickl...

Monday, May 9 Notable data: Building Permits, US Wholesale Trade Notable earnings: Coty, Tyson Foods, Zynga, Duke Energy, Ovintiv, Boardwalk REIT, Ritchie Bros Auctioneers, RioCan REIT, Element Fleet Management, Finning International, Hudbay Minerals,...

In his final speech before retiring from the Bank of Canada, Deputy Governor Lawrence Schembri talks about the Bank’s contribution to advancing economic inclusion an...