Daily News

U.S. stocks rose for a second day, climbing to session highs in the last hour of trading amid a broad-based rally. Treasuries pared gains and the dollar slipped. Back-to-back gains in the S&P 500 clawed back all of last week’s losses. The tech-heavy Nasdaq...

Target Corp. cut its profit outlook for the second time in three weeks as it rushes to ease an inventory surge by marking down items and canceling orders. Soaring merchandise stockpiles and “unusually high transportation and fuel costs” prompted Target to...

Jamie Murray, portfolio manager and head of research, Murray Wealth Group FOCUS: Global equities MARKET OUTLOOK: The market has never been more confused in terms of news flow as both bad news and good news seem to drive the market lower. May’s stro...

With ESG being increasingly maligned these days from both the inside and the outside, some of the industry’s early devotees say it’s time for a course correction. Jerome Dodson, the retired founder of one of the world’s largest ESG-focused investing firms,...

Canadian uranium stocks jumped on Tuesday after Bloomberg News reported the White House is looking to reduce its dependence on Russian uranium imports in favour of sourcing more uranium domestically. Bloomberg reported the Biden administration is pushing l...

Aggressive interest rate hikes to tackle inflation could 'tip the economy into recession,' RBC says Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made thro...

The push and pull between bond yields and equities continued Monday, with stock gains kept in check by a drop in Treasuries that pushed a swath of rates above three per cent.  The S&P 500 held onto a gain in a choppy session that saw the index climb as muc...

The ESG investment industry may be headed for a reckoning and many companies won’t survive this period of higher interest rates.  That’s according to James Penny, who’s been running ethically focused funds for about a decade and is currently the London-bas...

Stephen Takacsy, president, CEO and chief investment officer, Lester Asset Management  FOCUS: Canadian stocks   MARKET OUTLOOK: Volatility has increased significantly in 2022 due to a confluence of factors. The investment environment remains very u...

Energy exports came off record highs in April, as crude oil production dropped on maintenance shutdowns OTTAWA — Canada’s exports rose 0.6 per cent in April, driven by strong exports of frozen seafood and motor vehicles, but offset by lower crude o...