Daily News

Source: BNN Bloomberg March 04, 2023

TSX recap: Index finishes 1.2% higher amid broad-based gains

Canada's main stock index rose almost 250 points in a broad-based rally Friday, ending the week on an upswing as Wall Street stocks also posted strong gains. The S&P/TSX Composite Index was up 244.37 points, or 1.2 per cent, at 20,581.58. In New York, t...

Source: BNN Bloomberg March 04, 2023

Investing in sustainable infrastructure: Three hot picks from Rob Lauzon

As industry titans call for more support in the green transition, one financial expert says investors should capitalize on this trend by looking for opportunities in the sustainable infrastructure space.   Speaking with BNN Bloomberg's Amber Kanwar on Frid...

Source: BNN Bloomberg March 04, 2023

S&P 500 notches best week since late January

U.S. stocks ended the week on a high note driven by speculation that the Federal Reserve won’t raise interest rates beyond peak levels already priced in. A rally in the S&P 500 Friday helped snap a three-week losing streak. The Nasdaq 100 scored its best d...

Market Call Source: BNN Bloomberg March 04, 2023

Greg Newman's Top Picks: March 3, 2023

Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaMcLeod FOCUS: North American stocks and protection strategies MARKET OUTLOOK: A Bear would argue that inflation is sticky. Interest rates may very well need to tick highe...

Source: Financialpost March 04, 2023

This couple wants to retire early, but are their government pensions enough?

A $100,000 pension today won't be worth the same a decade from now, experts warn Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on th...

Source: Financialpost March 04, 2023

‘We are very clearly in an energy supply crisis’ — Eric Nuttall sees return of triple-digit oil prices

Watch energy analyst Eric Nuttall defend his bullish view on oil prices for 2023 Watch: Financial Post’s Larysa Harapyn talks with Ninepoint Partners senior portfolio manager Eric Nuttall as he explains why he believes oil prices — currently st...

Source: Financialpost March 04, 2023

Death of the balcony: Why an outdoor space of one's own may soon be a luxury in condoland

Some condo developers in Canada are contemplating what was once unthinkable: eliminating balconies Soaring construction costs and a new emphasis on the carbon footprints of buildings are pushing some condo developers in Canada to contemplate wh...

Source: BNN Bloomberg March 03, 2023

S&P 500 climbs most in more than two weeks

U.S. stocks snapped two days of losses after Federal Reserve Bank of Atlanta President Raphael Bostic said the central bank could be in a position to pause rate hikes sometime this summer. Treasury yields stayed elevated.  Traders ditched their low-convict...

Source: BNN Bloomberg March 03, 2023

Markets broadly 'misinterpreted' Baytex's Ranger Oil acquisition: Eric Nuttall

Following a recent announcement that Baytex Energy Corp. signed an agreement to acquire Ranger Oil Corp., one prominent energy investor said he thinks there is widespread confusion among market participants regarding the deal. Baytex announced that it sign...

Source: BNN Bloomberg March 03, 2023

TSX recap: TSX closes higher despite losses in financial stocks

Canada's main stock index got a lift from rising U.S. markets Thursday, closing higher in spite of weakness in the financials sector. The S&P/TSX Composite Index was up 77.43 points, or 0.38 per cent, at 20,337.21. In New York, the Dow Jones Industrial...