S&P/TSX down over 100 pts, oil heads higher
Canada's main stock index dropped more than 100 points on Tuesday, while oil prices climbed. The decline was led by losses in the energy and mining sectors.
Canada's main stock index dropped more than 100 points on Tuesday, while oil prices climbed. The decline was led by losses in the energy and mining sectors.
Canada's GDP report was skewed by metals market quirks, but April growth looks stronger. Markets still price in a Bank of Canada rate hike by year-end.
Jack Mintz warns that rising government debt, driven by defence needs and demographics, poses a sovereign debt crisis risk for Canada despite current lower leverage than the US.
Stock markets in Japan and South Korea reached new highs amid optimism that the Iran war may be winding down, boosting investor sentiment across Asia.
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Canada's main stock index fell on Wednesday as oil prices declined, while U.S. markets showed mixed results. The TSX dropped amid energy sector losses.
A Chinese man was executed for poisoning a gaming tycoon whose story inspired Netflix's '3 Body Problem'. The case involved a deadly plot that shocked the tech industry.
World stock markets mostly advanced on Wednesday, following Wall Street to fresh record highs, while oil prices declined amid demand concerns.
World stocks and oil prices showed mixed results after the US launched strikes in southern Iran, raising geopolitical tensions and market uncertainty.
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Global stock markets rose and oil prices declined after Trump indicated progress in talks to end the war, boosting investor sentiment.
President Trump says he wants Kevin Warsh to independently lead the Federal Reserve, aiming to ease investor worries about political pressure on monetary policy.
Despite ongoing market gains, U.S. household confidence continues to decline. The Associated Press reports on the disconnect between rising stocks and consumer sentiment.
Gold declined as Fed Governor Waller signaled the next rate move is likely a hike due to Iran war energy shock fueling inflation, boosting dollar and yields.
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RecommendedWall Street saw gains as easing bond market pressures boosted investor sentiment. The Dow hit a record high, reflecting optimism in the financial sector.
The Dow Jones Industrial Average reached a new intraday record high, marking its first since February, amid market optimism.
Despite oil driving inflation and bond yields, two factors tilt in borrowers' favor: core inflation dropped near 2%, and fixed rates are only 15-30 bps above pre-war levels.
U.S. stocks slipped Wednesday after oil prices topped $100 a barrel and Nvidia's latest profit report failed to excite investors, with the S&P 500 and Dow both declining.
U.S. stocks fell on Thursday as rising oil prices and higher Treasury yields weighed on investor sentiment, with major indices posting losses.
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World stock markets followed Wall Street lower on Wednesday as rising bond yields and economic uncertainty weighed on investor sentiment. The retreat came amid concerns over global growth.
Canada's main stock index fell in late-morning trading, with U.S. markets also declining as investor sentiment weakens amid economic uncertainties.
U.S. stocks fell further from records as bond markets increased pressure, with rising yields sparking investor concerns about economic growth and corporate profits.
Bank of America strategists warn of profit-taking in early June due to crowded equities and rising inflation risks, with CPI expected to exceed 5% by midterms.
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RecommendedFinancial markets anticipate a Federal Reserve interest rate hike near the turn of the year, driven by robust economic indicators and inflation concerns.
Stock markets worldwide declined from record highs amid rising oil prices and bond market volatility, impacting investor sentiment globally.
Global markets drop as AI stocks decline and inflation worries mount. Wall Street retreats from record highs amid economic uncertainty.
U.S. stocks fell from record highs as oil prices surged and bond yields jumped amid escalating fears of war with Iran, sparking market volatility.
Jerome Powell's tenure as Fed chair, ending in 2026, is marked by inflation misjudgments and confrontations with Trump, shaping a complex legacy.
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