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Source: BNN Bloomberg August 22, 2023

Nasdaq 100 climbs 1% as tech powers U.S. stock rebound

A rally in big tech spurred a rebound in stocks, outweighing concerns over higher Treasury yields just a few days ahead of a speech by Federal Reserve Chair Jerome Powell. The S&P 500 climbed, following its longest streak of weekly losses since February. T...

Source: BNN Bloomberg August 22, 2023

​Opportunities in Lithium stocks: Analyst

Lithium producers have begun to overcrowd the market as companies look to be a part of the electric vehicle (EV) transition — but one expert says the opportunity for growth remains.    Speaking with BNN Bloomberg’s Amber Kanwar on Monday, Cole McGill, vice p...

Source: BNN Bloomberg August 22, 2023

TSX: Index finishes 0.17% lower amid broad-based losses

Canada's main stock index posted a small loss Monday amid broad-based weakness, while U.S. markets were mixed as the tech-focused Nasdaq gained almost 1.6 per cent.  The S&P/TSX Composite Index closed down 33.52 points, or 0.17 per cent, at 19,784.87. I...

Source: Financialpost August 22, 2023

David Rosenberg: The Great China slowdown has wider implications than meet the eye

Key takeaways to help investors navigate the headwinds By David Rosenberg and Bhawana Chhabra We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team....

Source: Financialpost August 22, 2023

Trudeau to meet with cabinet as more Canadians blame government for inflation

3 in 10 Canadians blame government spending over other factors for rise in consumer prices Prime Minister Justin Trudeau is set to huddle with his new cabinet on how to address the soaring cost of living, a growing vulnerability for his governm...

Source: Financialpost August 22, 2023

Hotter-than-expected inflation turns up heat on Bank of Canada

Consumer price index rises to 3.3% Consumer prices bounced up in July after decelerating almost every month since peaking in June last year, possibly signalling that the Bank of Canada could be entering one of the most difficult phases of its i...

Source: Financialpost August 22, 2023

Posthaste: Sellers return to Canada's housing market just as buyers go missing

Toronto is the closest it's been to a buyer's market since the correction We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Sellers r...

Source: Financialpost August 21, 2023

Jack Mintz: Carbon taxes make the Bank of Canada’s job harder

Research suggests rising energy prices fuel inflationary expectations, leading to higher interest rates With July inflation ramping up again on Tuesday, it’s obvious the battle ain’t over yet. The headline inflation rate jumped to 3.3 per cent...

Source: Financialpost August 20, 2023

Mounting union wage demands risk impeding Bank of Canada's inflation fight

Unionized workers pushed average yearly wage settlement up to 2.9% Wages negotiated by union workers in Canada are creeping higher, complicating the central bank’s bid to restore price stability. We apologize, but this vide...

Source: BNN Bloomberg August 19, 2023

S&P 500 drops below key level in late-day slide

The drop in U.S. stocks deepened in the final hour of Tuesday trading amid signs the Federal Reserve’s fight with inflation was not yet done. Shorter-dated U.S. bonds gained as investors bought the dip. The S&P 500 Index’s 1.2 per cent drop sent the equiti...