Daily News

Vanguard Group has ushered in a new world order in the fixed-income exchange-traded fund arena. The Vanguard Total Bond Market ETF (ticker BND), with assets of roughly US$83.8 billion, has surpassed the US$83.2 billion iShares Core US Aggregate Bond ETF (A...

Stocks retreated after a three-week rally, with a gloomy forecast from Nvidia Corp. weighing on tech shares and traders awaiting inflation data for clues on the pace of Federal Reserve rate hikes. The S&P 500 erased gains that reached 1 per cent earlier in...

For foreign-exchange traders leery of taking a firm position on the mercurial US dollar right now, Canada’s currency is providing fertile ground for potential wagers. The greenback has climbed against all of its Group-of-10 counterparts this year, but the...

Canada’s benchmark stock index pared its gains throughout the trading day but still managed to end in positive territory on Monday as mining stocks rose. The S&P/TSX Composite Index closed 49.04 points higher, or 0.25 per cent, at 19,669.17. One market...

A dimming earnings outlook is at odds with the recent rebound in stock markets, according to strategists at Morgan Stanley and Goldman Sachs Group Inc. Both Morgan Stanley’s Michael J. Wilson and Goldman’s David J. Kostin expect corporate profit margins to...

Electric vehicle and renewable energy stocks rallied after the US Senate passed a key tax, climate and health-care bill, which Democrats called the largest investment in fighting climate change ever made in the country. Tesla Inc. shares charged ahead, ris...

Andrew Pyle, senior investment advisor and portfolio manager, CIBC Wood Gundy FOCUS: North American equities MARKET OUTLOOK: The main theme for markets this year is how much we have been able to compress cycles through fear rhetoric and aggressive...

History shows that a rise in the cost of living follows excessive growth in the money supply Former Bank of Canada Governor John Crow was once asked whether the money supply had been used in the Bank’s economic model and forecasts he had just prese...

US stocks notched a weekly gain after a surprisingly strong jobs report alleviated recession fears but cleared the path for the Federal Reserve to raise rates sharply at its next meeting.  The S&P 500 suffered a decline on Friday after falling as much as 1...

Canadian stock investors who embraced a unique kind of depositary receipt that hedges against currency fluctuations ended up losing out because of the greenback’s gains. The securities from Canadian Imperial Bank of Commerce debuted about a year ago with a...