Daily News

Source: BNN Bloomberg April 19, 2022

Canaccord downgrades several REITs on rising rates impact

Canaccord Genuity Corp. analysts lowered their recommendations and price targets on several real estate investment trusts (REITs) as they assess the impact of rising interest rates on their expected future returns. The TSX Capped REIT Index posted a return...

Source: BNN Bloomberg April 19, 2022

Stocks rebound, curve steepens on policy outlook

Markets stabilized on Thursday as traders weighed comments from Federal Reserve officials following minutes from the central bank’s latest meeting, which provided more clarity on the bank’s campaign to quell rampant inflation.  U.S. equities rebounded from...

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...