Daily News

Rising interest rates might be bad news for Canadians with mortgages, but it also means higher rates on savings vehicles such as guaranteed investment certificates (GICs), prompting renewed interest in the investments. Mahima Poddar, senior vice-president...

The S&P/TSX Composite Index rose for a second day as investors analyzed corporate earnings and received more evidence that inflation in North America might have peaked. The Canadian benchmark index closed with a 105.94 point gain, or 0.53 per cent, to 19,9...

Stocks wiped out gains on speculation the rally that followed softer inflation data went too far, with the Federal Reserve still set to keep its monetary policy tight. Bond yields climbed. The S&P 500 edged lower after an advance that topped 1 per cent ear...

David Burrows, president and chief investment strategist, Barometer Capital Management FOCUS: North American large caps MARKET OUTLOOK: The investment team at Barometer believes that North American equity markets hit an important low in June and th...

Stocks surged as softer-than-expected inflation data fueled bets the Federal Reserve could pivot to a smaller pace of hikes -- a view taken with a grain of salt by market watchers saying officials may still be a long ways from achieving their goal. Traders...

North American markets jumped on Wednesday as the latest U.S. inflation data led investors to scale back their interest rate hike wagers on both sides of the border. The S&P/TSX Composite Index closed 307.64 points higher, or 1.57 per cent, to 19,885.94 in...

Jamie Murray, portfolio manager, Murray Wealth Group FOCUS: Global equities MARKET OUTLOOK: We see many data points that indicate markets will return to balance and provide a more constructive investment climate such as falling commodity prices, to...

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...