Daily News

US stocks notched a weekly gain after a surprisingly strong jobs report alleviated recession fears but cleared the path for the Federal Reserve to raise rates sharply at its next meeting.  The S&P 500 suffered a decline on Friday after falling as much as 1...

Canadian stock investors who embraced a unique kind of depositary receipt that hedges against currency fluctuations ended up losing out because of the greenback’s gains. The securities from Canadian Imperial Bank of Commerce debuted about a year ago with a...

Brendan Caldwell, president and CEO, Caldwell Investment Management FOCUS: North American equities  MARKET OUTLOOK: In a recent commentary to the markets, the U.S. Federal Reserve signalled a willingness to tolerate a recession – hopefully mild – r...

The S&P/TSX Composite Index managed to end with a gain on Friday after spending most of the day in negative territory as investors digested another barrage of corporate earnings and a jobs report that fueled concerns about a slowing economy. The index clos...

Some oil and gas companies are flush with so much cash that they are paying out a full year’s worth of dividends in a single day -- and sometimes more than that. While reporting second quarter results Thursday, ConocoPhillips informed investors that it wil...

US stocks wavered on Thursday as traders parsed various corporate earnings against a backdrop of aggressive interest-rate hikes by global central banks. The US yield curve remained inverted as recession fears persisted. The S&P 500 ended the session little...

(Bloomberg) -- The Bank of England unleashed its biggest interest-rate hike in 27 years as it warned the U.K. is heading for more than a year of recession under the weight of soaring inflation. The half-point increase to 1.75 per cent was backed by eight o...

Canada’s benchmark stock index finished the trading day higher on Thursday as investors digested a slew of earnings releases. The S&P/TSX Composite Index closed up 31.10 points, or 0.16 per cent, to 19,577.04. Shares of Restaurant Brands International I...

The recent brisk rebound in equity markets won’t last as the macroeconomic data continue to deteriorate and earnings forecasts are being slashed, strategists at Goldman Sachs Group Inc. and Sanford C. Bernstein warn. “Without clear signs of a positive shif...

John Zechner, chairman and founder, J. Zechner Associates FOCUS: North American large-cap stocks MARKET OUTLOOK: In July, growth stocks pushed the Nasdaq up 12 per cent, cyclical stocks lagged, gold bounced up nearly $100 and 10-yr bond yields fell...