Daily News

Market Call Source: BNN Bloomberg October 01, 2022

Brianne Gardner's Top Picks: September 30, 2022

Brianne Gardner, wealth manager and investment advisor, Velocity Investment Partners, Raymond James FOCUS: North American large-cap stocks  MARKET OUTLOOK:  We have some historically unique challenges right now, but we’re also heading into a season...

Source: BNN Bloomberg September 30, 2022

U.S. stocks plummet to 22-month low as Fed hawks circle

U.S. stocks plunged to the lowest since November 2020 as another group of Federal Reserve officials struck a hawkish tone, and turmoil in Europe continued to fray investor nerves. The S&P 500 fell as much as 2.9 per cent during Thursday’s session but trimm...

Source: BNN Bloomberg September 30, 2022

TSX today: Index swings back to losses, ends down 1.1%

Canada's main stock index ended down more than 1.1 per cent in broad-based declines on continued economic growth concerns, while U.S. stock markets also fell. The S&P/TSX Composite Index closed down 207.08 points at 18,441.84. In New York, the Dow Jones...

Market Call Source: BNN Bloomberg September 30, 2022

Darren Sissons' Top Picks: September 29, 2022

Darren Sissons, vice-president and partner, Campbell, Lee & Ross FOCUS: Global and technology stocks MARKET OUTLOOK: Given current market conditions, a regime change is clearly in effect, which drives four investment considerations moving forward....

Source: BNN Bloomberg September 29, 2022

S&P 500 roars back from six-day slide; bonds surge

U.S. stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted U.K. bonds and tentatively calmed markets. The S&P 500 snapped a six-day rout, rising the most since early last month, and for the f...

Source: BNN Bloomberg September 29, 2022

Bank of Canada vows more transparency after pressure from IMF

The Bank of Canada will begin publishing a minutes-like summary of deliberations by officials after each policy decision in an effort to enhance transparency as it faces one of the most severe tests of its credibility. The move comes in response to a revie...

Source: BNN Bloomberg September 29, 2022

TSX today: Index jumps 1.9% as U.S. Treasury yields retreat

The S&P/TSX composite index snapped a six-day losing streak as it made substantial gains along with U.S. markets after U.S. Treasury yields retreated on speculation central banks may ease up on restrictive, inflation-fighting policies. The S&P/TSX composit...

Economics Source: BNN Bloomberg September 29, 2022

Bank of England steps back into bond market to restore stability

The Bank of England said it would buy long-dated UK government bonds in whatever quantities were needed to restore order to the market, sending gilts surging as the central bank launched its biggest response yet to the fallout from Prime Minister Liz Truss’s...

Market Call Source: BNN Bloomberg September 29, 2022

Andrew Moffs' Top Picks: September 28, 2022

Andrew Moffs, senior vice president and portfolio manager, Vision Capital FOCUS: Real estate stocks MARKET OUTLOOK: Investor sentiment has continued to deteriorate as several trends such as high inflation and rising interest rates continue to weigh...

FP Economy Source: Financialpost September 29, 2022

Canadian economy grows slightly in July

Grew by 0.1 per cent in July Canadian economic activity edged up a surprise 0.1 per cent in July, driven by strong production in the oilsands, while gross domestic product was most likely flat in August, Statistics Canada data showed on Thursda...