Daily News

Second month in a row inflation has slowed Canada’s headline inflation rate cooled for the second month in a row in August, running at an annualized pace of 7.0 per cent that was lower than economists’ expectations of 7.3 per cent and down from...

Core prices are still bubbling up and will likely not peak until later this year Economists at Canada’s biggest banks believe the country’s inflation rate cooled for the second month in a row in August, with consensus expectations from Bloomber...

North American markets ended the trading week in the red, with Canada's main stock index down more than 170 points and U.S. stock markets falling amid inflation worries and a stark warning from FedEx about worsening trends in the economy. The S&P/TSX Compo...

Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners FOCUS: Energy stocks MARKET OUTLOOK: Despite the recent selloff in oil driven by rising fears of a global recession and the potential impact on demand, we remain in a multi-year...

Stocks fell, capping the worst week since the market hit its low for the year in June, as FedEx Corp.’s warning added to growing concern over outsized Federal Reserve interest-rate hikes. The S&P 500 fell for a third day this week, down close to 5 per cent...

Investors betting that the worst is over for battered technology stocks got a painful reminder this week that there’s more gloom in store. The Nasdaq 100 Stock Index sank 5.8 per cent in its worst week since January, after an inflation report on Tuesday su...

US stocks fell and Treasury yields climbed after the latest batch of economic data did little to dial back expectations for the Federal Reserve’s next move. The S&P 500 extended declines to close at the lowest level since July 18. It ended just above 3,900...

Rick Stuchberry, senior portfolio manager, Wellington-Altus Private Wealth FOCUS: North American large caps and global ADRs MARKET OUTLOOK: In July, we said that the markets wanted to know when this would be over and we think more evidence is emerg...

North American markets ended the trading day in the red, with Canada's main stock index down more than 150 points and U.S. stock markets also lower. The S&P/TSX composite index was down 165.98 points, or 0.84 per cent, at 19,560.16. In New York, the Dow...

Scotiabank is doubling down on its bullish call for shares of Cineplex as movie-going demand recovers from the depths of the pandemic, calling for a near-60 per cent surge in shares of the company over the coming year. In a note to clients Wednesday, Scotia a...