Daily News

A selloff in cryptocurrencies resumed Monday, with Bitcoin dropping back below US$30,000 with global equity markets remaining under pressure.  The largest cryptocurrency fell as much as 6.2 per cent and was trading at US$29,835 as of 4:54 p.m. in New York....

Stocks rallied at the end of a chaotic week in financial markets, with a little help from Federal Reserve Chair Jerome Powell’s reassurance that bigger rate hikes would be off the table for now even after the hot inflation readings of the past few days. Fo...

David Driscoll, president and CEO, Liberty International Investment Management  FOCUS: Global stocks MARKET OUTLOOK: In the past five years, stock markets went up too far, too fast, and became well overvalued. The old axiom, “don’t fight the Fed” has...

Another stormy week has left investors groping when it comes to the direction of stocks and bonds. Expecting to be led out of the darkness by Wall Street’s best and brightest may be asking too much, given their performance so far this year. As usually happ...

Stocks rebounded sharply in the final hour of trading, with the S&P 500 almost erasing a selloff that pushed it to the brink of a bear market earlier Thursday. The turnaround came as Federal Reserve Bank of San Francisco President Mary Daly told Bloomberg...

Apple Inc. shares fell on Thursday, with the stock now about 22 per cent below its January peak as a selloff in technology stocks spreads from more speculative shares to the world’s biggest companies. The stock fell 2.7 per cent to US$142.56 and is trading...

MONTREAL -- WSP Global Inc. secured key project wins across three continents this year, boosting profits and revenue and beating expectations in its first quarter. The Montreal-based engineering firm locked down contracts tied to Ontario's GO Transit rail...

Growth stocks, including the battered tech sector, will likely remain under pressure as central banks tighten monetary policy, driving yields higher, according to Citigroup Inc. strategists. “Now that central banks are unwinding monetary support, growth st...

Paul MacDonald, chief investment officer and portfolio manager at Harvest Portfolios Group FOCUS: U.S. large cap health care stocks MARKET OUTLOOK: Macro uncertainty remains high driven by persistent inflation, supply chain congestion, heightened g...

Stocks slid after data showed that US inflation will remain high for quite some time, adding to concern the Federal Reserve may be forced to unleash further tightening measures that could tip the economy into a recession. Remarks from Fed Bank of Atlanta P...