BNN Bloomberg sets up the week ahead with what investors need to know.
Pinterest Inc. rose as much as 30 per cent in its trading debut after raising US$1.4 billion in the second-biggest U.S. initial public offering of the year.
Two months ago, U.S. private sector service firms failed to report “any material detrimental impact on their output,” from the government shutdown. The preliminary IHS Markit U.S. Services PMI Business Activity Index for April tells another story -- service sector business activity softened to 52.9 in April from 56 in February.
Canada’s main stock index hit a new milestone Thursday, trading above its closing record.
Canopy Growth Corp. agreed to buy Acreage Holdings Inc. for $3.4 billion in a cross-border cannabis deal that’s conditional on the U.S. eventually legalizing pot for recreational use.
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