S&P/TSX composite falls nearly 400 points, U.S. stock markets also trade lower
Canada’s main stock index fell nearly 400 points, weighed down by weakness in the technology sector, while U.S. markets also lost ground.
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Canada’s main stock index fell nearly 400 points, weighed down by weakness in the technology sector, while U.S. markets also lost ground.
U.S. stocks fell in their return to trading from a three-day weekend after the latest fighting in the war with Iran pushed oil prices higher.
Election-season trading on prediction markets, including in this fall’s biggest races, is skyrocketing while states fight to outlaw the platforms as unlicensed casinos and begin to worry about how high-stakes odds will affect American democracy in unpredictable ways.
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Stock markets in Canada and the United States fell on Friday after the release of labour data from both economies.
U.S. stocks fell and Treasury yields rose Friday after the government reported that employers unexpectedly added 162,000 jobs last month.
Back-to-school brings mixed feelings for young parents across the country but none are likely how much their child’s education will cost after they graduate high school.
Navigating insurance can be overwhelming as southern Ontario residents pick up the pieces after a destructive storm passed through on Wednesday.
Michael Burry made his name betting against Wall Street. Now, he’s betting against Silicon Valley, sparking a hot debate over whether we’re in an AI bubble.
The manager of Norway’s US$2.3 trillion sovereign wealth fund has proposed significantly cutting its exposure to U.S. Treasuries as part of a wider shake-up of its bond investments to improve returns, according to a letter published this week.
Canada’s main stock index rose 1.5 per cent Thursday, helped by gains in materials and technology stocks, as U.S. markets also gained ground.
Stocks on Wall Street closed higher as a recent run-up in bond yields eased further and big technology companies rallied, helping markets recoup losses.
Blackstone is continuing to cap withdrawals at its flagship private credit fund as requests to pull money remained elevated in the third quarter.
As a trade war escalates with their closest neighbour, it appears Canadians should anticipate shaky economic times ahead, at least in the near term.
Investors do not like uncertainty and the stock market tends to perform poorly when uncertainty is high and increasing. Uncertainty is just around the corner, as the U.S. midterm elections take place on Tuesday November 3, 2026.