Daily News

Another stormy week has left investors groping when it comes to the direction of stocks and bonds. Expecting to be led out of the darkness by Wall Street’s best and brightest may be asking too much, given their performance so far this year. As usually happ...

Stocks rebounded sharply in the final hour of trading, with the S&P 500 almost erasing a selloff that pushed it to the brink of a bear market earlier Thursday. The turnaround came as Federal Reserve Bank of San Francisco President Mary Daly told Bloomberg...

Apple Inc. shares fell on Thursday, with the stock now about 22 per cent below its January peak as a selloff in technology stocks spreads from more speculative shares to the world’s biggest companies. The stock fell 2.7 per cent to US$142.56 and is trading...

MONTREAL -- WSP Global Inc. secured key project wins across three continents this year, boosting profits and revenue and beating expectations in its first quarter. The Montreal-based engineering firm locked down contracts tied to Ontario's GO Transit rail...

Growth stocks, including the battered tech sector, will likely remain under pressure as central banks tighten monetary policy, driving yields higher, according to Citigroup Inc. strategists. “Now that central banks are unwinding monetary support, growth st...

Paul MacDonald, chief investment officer and portfolio manager at Harvest Portfolios Group FOCUS: U.S. large cap health care stocks MARKET OUTLOOK: Macro uncertainty remains high driven by persistent inflation, supply chain congestion, heightened g...

Stocks slid after data showed that US inflation will remain high for quite some time, adding to concern the Federal Reserve may be forced to unleash further tightening measures that could tip the economy into a recession. Remarks from Fed Bank of Atlanta P...

Rising interest rates, plummeting stocks and the surging dollar have tightened reins on the economy to a point where the Federal Reserve has previously cried uncle. No such capitulation should be expected this time. Financial conditions, a multi-input meas...

Lorne Steinberg, president, Lorne Steinberg Wealth Management FOCUS: Global value stocks and high yield bonds MARKET OUTLOOK: The war in Ukraine and shutdowns in China are adding to inflationary pressures and supply chain disruption. Both are negat...

Less than two months ago, the S&P/TSX Composite reached an all-time closing high of 22,087.22 points on March 29. Back then, resource heavyweights like Canadian Natural Resources Ltd., Enbridge Inc., and Nutrien Ltd. were driving year-to-date gains as they ro...