Daily News

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Wall Street got a reality check, with data showing a hot labor market that will likely keep the Federal Reserve on its aggressive hiking trail. Those bets sent stocks tumbling, driving benchmark Treasury yields to their longest weekly up streak since 1984....

Canada's main stock index ended down almost 400 points in the third straight day of downward movement amid better-than-expected employment numbers and expectations of further rate hikes on both sides of the border.  The S&P/TSX Composite Index ended down 3...

Investors poured the most money into cash since April 2020 on fears of a looming recession, but stocks could see further declines as they don’t fully reflect that risk, say Bank of America Corp. strategists. Even as major benchmarks bounced off last month’...

JoAnne Feeney, partner and portfolio manager, Advisors Capital Management FOCUS: U.S. equities MARKET OUTLOOK: Economies are facing significant, coordinated, global risks (war, China’s zero-COVID policy, shortages, inflation, rates, energy) so vola...

The stock market found little encouragement to sustain any rebound attempt on the eve of the all-important U.S. jobs report, with major benchmarks finishing solidly lower on Thursday. Aside from the anxiety that usually precedes those numbers, traders had...

Vanguard Group Inc. expects the U.S. corporate-bond market to come under increased pressure this year as rising interest rates rattle investors and threaten businesses’ profits.  Arvind Narayanan, a senior portfolio manager and co-head of investment-grade...

Bank of America is striking a bullish tone on the prospects for the S&P/TSX Composite Index, staking an argument Toronto’s benchmark will outperform the S&P 500 over the course of the next decade. In a note to clients, Bank of America outlined seven reasons i...

Gordon Reid, president and chief executive officer, Goodreid Investment Counsel FOCUS: U.S. equities MARKET OUTLOOK: Good riddance to September 2022, the worst September performance in U.S. equity markets since 2008. The quarter was a wild ride, re...

Canada's main stock index ended down along with U.S. markets as central bank leaders emphasize the need to raise rates, while oil prices and energy stocks rose in reaction to news of production cuts by OPEC plus. The S&P/TSX Composite Index closed down 256...