Daily News

Among the many superlatives attaching to markets in July, one that could come back to haunt the Federal Open Market Committee is Wednesday and Thursday’s, when the stocks posted their biggest post-meeting rally on record. Believing they heard a dovish tilt...

The stock rally gained traction, defying calls from skeptics in the aftermath of the Federal Reserve decision, with traders paring bets on rate hikes as the drumbeat of recession grew louder amid an ugly economic print. Equities climbed to a seven-week hig...

Even as Apple Inc. contends with rising inflation, cooling consumer demand, the strengthening dollar and lockdowns in China, its share price has surged in recent weeks and is heading for its biggest monthly gain in almost two years, up 15 per cent in July....

Bausch Health Companies Inc. said it plans to vigorously defend its intellectual property after a U.S. judge ruled some patents for one of its drugs were invalid. Shares of the Laval, Que.-based health care firm were decimated Thursday, falling as much as...

Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaWealth FOCUS: North American dividend stocks and protection strategies  MARKET OUTLOOK: The bulls argue that a U.S. Federal Reserve pivot is starting to appear in sight a...

The S&P/TSX Composite Index reversed early-morning losses to close higher on Thursday as investors continued to analyze corporate earnings and the state of the North American economy. The index closed up 202.15 points, or 1.05 per cent, at 19,456.71 in a b...

The rapidly-changing dynamics of the mortgage market have pressured alternative lending stocks this year, leading one analyst to warn there could be more room for their share prices to continue falling in the coming months. “While these depressed levels ma...

Growth in services-producing industries was offset by a decline in goods-producing industries Canada’s economic expansion showed signs of moderation in May and June, pulling back from a strong start to the year in the face of high inflation and ris...

Shopify Inc.’s stock decline weighed heavily on the S&P/TSX Composite Index on Tuesday as a round of layoffs at the Canadian tech giant added to investor worries about the economy. The Canadian benchmark index closed 131.80 points lower, or 0.69 per cent,...

Stocks rallied and Treasury yields fell with the dollar as Jerome Powell said the Federal Reserve will slow the pace of rate increases at one point, while adding that officials would refrain from offering “clear guidance” on the magnitude of their next move....