Daily News

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...

Warns against deeper spending cuts as economy poised to slow sharply One of Canada’s biggest credit unions is warning against deeper spending cuts from Prime Minister Justin Trudeau’s government to wrestle down inflation, saying the economy is pois...

Emerging market equities are on track for their worst first-half performance in 24 years, as investors fret over high inflation and a potential hit to the global economy from monetary tightening. The MSCI Emerging Markets Index has fallen about 17 per cent...

Recession fears are dimming chances that the Canadian market can continue this year’s outperformance. While the S&P/TSX Composite Index’s drop is less steep than other global indices, a looming economic downturn could test its resilience. Surging oil and g...

Bruce Murray, CEO and chief investment officer, The Murray Wealth Group FOCUS: North American growth stocks MARKET OUTLOOK: Markets have collapsed to levels which I believe are attractive with the S&P 500 now selling at P/E of 15.4x with an ROE of...

The recent underperformance in the energy sector has led one analyst to make a bullish call on the industry.    "We see this pullback as an attractive opportunity," Manav Gupta, an analyst at Credit Suisse, wrote to clients in a note on Tuesday.    Over th...

A rout in big tech weighed heavily on stocks, with gains in the broader market sputtering as a report showed Americans grew more downbeat about prospects for the economy. Traders got another reality check Tuesday after a worrisome reading on consumer confi...

A tentative victory for a Federal Reserve under constant attack: Inflation bets on Wall Street are cooling from historic highs at long last.  Bond-derived expectations for price growth over the next decade are falling, the value stock boom is reversing and...

Analysts at Scotiabank cut their 12-month price target for Air Canada amid a delayed economic restart after historic COVID-19 restrictions that could protect Canadian airlines.  Scotiabank Analysts Konark Gupta and Amina Djirdeh reduced the airline's stock...