Daily News

Investors betting that the worst is over for battered technology stocks got a painful reminder this week that there’s more gloom in store. The Nasdaq 100 Stock Index sank 5.8 per cent in its worst week since January, after an inflation report on Tuesday su...

US stocks fell and Treasury yields climbed after the latest batch of economic data did little to dial back expectations for the Federal Reserve’s next move. The S&P 500 extended declines to close at the lowest level since July 18. It ended just above 3,900...

Rick Stuchberry, senior portfolio manager, Wellington-Altus Private Wealth FOCUS: North American large caps and global ADRs MARKET OUTLOOK: In July, we said that the markets wanted to know when this would be over and we think more evidence is emerg...

North American markets ended the trading day in the red, with Canada's main stock index down more than 150 points and U.S. stock markets also lower. The S&P/TSX composite index was down 165.98 points, or 0.84 per cent, at 19,560.16. In New York, the Dow...

Scotiabank is doubling down on its bullish call for shares of Cineplex as movie-going demand recovers from the depths of the pandemic, calling for a near-60 per cent surge in shares of the company over the coming year. In a note to clients Wednesday, Scotia a...

Ray Dalio came out with a gloomy prediction for stocks and the economy after a hotter-than-expected inflation print rattled financial markets around the globe this week. “It looks like interest rates will have to rise a lot (toward the higher end of the 4....

Financial well-being index drops to lowest reading since it started Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on this page....

US stocks rebounded in late trading a day after hot inflation sparked the biggest rout in more than two years. The dollar fell, while short-end Treasury yields edged higher. After swinging between gains and losses throughout the day, dip buyers emerged to...

Gains in the energy sector helped Canada's main stock index end the trading day in the green, while U.S. stock markets also closed higher, a day after posting their worse session since June 2020. The S&P/TSX composite index was up 80.74 points, or 0.41 per...

Greg Newman, senior wealth advisor and portfolio manager, ScotiaMcLeod, Scotia Wealth Management FOCUS: North American dividend stocks and protection strategies MARKET OUTLOOK: The main culprit of the downturn this year has been inflation. Yesterda...