Daily News

The relief rally in US equities has limited scope to go much further as risks to growth remain prevalent, according to Morgan Stanley’s Michael Wilson. “Last week’s strength will prove to be another bear market rally in the end,” the strategist wrote in a...

Tesla Inc.’s grip on its retail trading fans is hard to shake. Retail buyers have remained steadfast even as the company’s troubles have mounted since April, sparking a dizzying drop in the electric-vehicle maker’s share price. And after last week’s 14 per...

Paul Gardner, partner and portfolio manager, Avenue Investment Management FOCUS: REITs, bonds and dividend stocks MARKET OUTLOOK: 2022 has been a tough year for most asset managers. It is rare for both stocks and bonds to be down significantly at t...

U.S.-listed Chinese stocks jumped to wipe out their monthly losses, as easing in lockdown measures in major cities and better-than-expected economic data reassured investors. With a 3.7 per cent climb on Tuesday, the Nasdaq Golden Dragon China Index capped...

Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe.  In April, Fidelity funds marked down stakes in Reddit by more than a third from the preceding m...

The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also continuing its policy of quantitative tightening (Q...

  Stocks and US futures trimmed their advance and European bonds tumbled after hotter-than-expected German inflation numbers added to pressure for action from central bank policymakers to tame rising prices. European equities pared a fourth day of gains...

David Fingold, vice president and senior portfolio manager, Dynamic Funds FOCUS: U.S. and global stocks MARKET OUTLOOK: Given the recent volatility in equity and fixed income markets, we recommend investors approach markets with a focus on quality...

Kevin Carmichael: Economy is cooler than forecasters thought, but it's still too hot for the Bank of Canada's liking Canada’s gross domestic product increased at an annual rate of 3.1 per cent in the first quarter, compared with a revised rate of 6...

Stocks continued to rebound from a steep rout that drove the market down for seven straight weeks, with rebalancing from institutional investors potentially lifting equities at the end of the month. The S&P 500 wiped out its May losses and posted its bigge...