Daily News

Source: BNN Bloomberg January 18, 2023

U.S. stocks snap 4-day rally; Dow drops most in a month

U.S. stocks fell as concern over the outlook for corporate earnings weighed on risk sentiment while investors assessed the path for policy tightening.  The S&P 500 closed in the red for the first time in five days after struggling for direction throughout...

Source: BNN Bloomberg January 18, 2023

TSX recap: Index closes higher amid gains in energy, industrial stocks

Strength in the energy, utility and industrial sectors helped Canada's main stock post a small gain Tuesday despite weakness in metals, while U.S. markets were mixed. The S&P/TSX Composite Index was up 67.13 points, or 0.33 per cent, at 20,457.46. In Ne...

Market Call Source: BNN Bloomberg January 18, 2023

Kim Bolton's Top Picks: January 17, 2023

Kim Bolton, president and portfolio manager, Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: The Black Swan Dexteritas [BSD] Global Tech Hedge Fund investment is down 10 per cent for calendar 2022, which is significantly better than...

Source: Financialpost January 18, 2023

A mental health crisis in Canada is fuelling billions in losses for employers

Victoria Wells: Workers dealing with low-grade malaise from pandemic and financial stress from rising cost of living Workers are still struggling almost three years after the pandemic sent Canadians’ mental health to new depths and that’s costi...

Source: Financialpost January 18, 2023

TSX slams Canada over Chinese lithium divestment order

Intervention risks risked harming free flow of capital on which mining companies rely The Toronto Stock Exchange has called on Canada’s government to do more to replace lost capital after Ottawa ordered three Chinese companies to divest their s...

Source: Financialpost January 18, 2023

Canada's inflation drops to slowest in almost a year, but underlying cost pressures stay strong

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Data may complica...

Source: Financialpost January 18, 2023

Get ready for another rate hike: What economists are saying about the inflation numbers

The good news is that the pace of rising prices is easing Canada’s annual inflation rate slowed in December to 6.3 per cent, offering “encouraging signs” to some economists that the Bank of Canada could soon call it a day on rate hikes. But not...

Source: Financialpost January 18, 2023

Posthaste: Correction? What correction? This city might have the strongest housing market in Canada

While other centres are seeing steep declines, prices in this city are still rising Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Economy Source: Financialpost January 18, 2023

Anne McLellan and Lisa Raitt: Canada needs to get its act together on growth

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC Business and all...

Source: BNN Bloomberg January 17, 2023

European stocks rise as U.S. futures signal caution

A gauge of global equities stalled after its best start to a year in a generation as investors assessed whether the rally has gone too far given the outlook for inflation, growth and earnings. European stocks rose. The MSCI ACWI Index was little changed af...