Daily News

The S&P 500 suffered its worst first half since 1970. But its dismal performance is not an indication of what’s to come. That’s according to analysis by S&P Dow Jones Indices that says historically, there has been little to no correlation between the index...

The selloff in stocks deepened after weak consumer-spending data fueled worries about a recession, with the S&P 500 suffering its cruelest first-half since Richard Nixon’s presidency. It was a rout for the history books, with the benchmark gauge down 21 pe...

This was supposed to be a blowout year for Canadian equities, benefiting from soaring commodity prices and a forceful post-pandemic rebound in consumer spending. Instead, the country’s benchmark index is slumping amid the global stock selloff, though not as b...

The stock market had a hard time finding direction on Wednesday, with traders assessing comments from central bank chiefs about the outlook for the economy and interest rates. The S&P 500 closed almost flat and above the Fibonacci 38.2 per cent retracement...

A dirty little secret in a US$1.2 trillion world of credit is getting exposed as the Wall Street rout deepens: Private debt is now the cheaper financing option for big-ticket leveraged borrowers than the ailing public market -- upending industry norms. As...

Paul Harris, partner and portfolio manager, Harris Douglas Asset Management FOCUS: North American and global stocks MARKET OUTLOOK: I think we are in a recession and therefore we should see a decline in company profits. The bear market so far has b...

Whether it’s commendable courage or a refusal to face reality, a receding stock market tide has left Wall Street analysts sitting with price predictions that will take more than a little luck to come true. Bear-market casualties from Peloton Interactive In...

Shopify Inc. shares fell after the Canadian e-commerce giant completed a 10-for-1 split of its common stock on Wednesday. It’s the latest in a parade of tech-stock splits this year as companies in the beleaguered sector attempt to drum up interest among re...

Energy and technology helped push Canada's main stock index lower as a shrunken U.S. economy last quarter and aggressive comments from Fed officials had investors worrying about weaker demand and a potential recession. The government reported Wednesday tha...

Real estate and rental sector saw the largest monthly decline outside of pandemic plunge OTTAWA — The Canadian economy grew 0.3 per cent in April, matching analyst expectations, driven largely by the oil and gas sector, but most likely contracted i...