S&P/TSX composite down, U.S. stocks also lower
Canada's main stock index fell in late-morning trading, with U.S. markets also declining as investor sentiment weakens amid economic uncertainties.
Canada's main stock index fell in late-morning trading, with U.S. markets also declining as investor sentiment weakens amid economic uncertainties.
U.S. stocks fell further from records as bond markets increased pressure, with rising yields sparking investor concerns about economic growth and corporate profits.
Bank of America strategists warn of profit-taking in early June due to crowded equities and rising inflation risks, with CPI expected to exceed 5% by midterms.
Financial markets anticipate a Federal Reserve interest rate hike near the turn of the year, driven by robust economic indicators and inflation concerns.
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RecommendedStock markets worldwide declined from record highs amid rising oil prices and bond market volatility, impacting investor sentiment globally.
Global markets drop as AI stocks decline and inflation worries mount. Wall Street retreats from record highs amid economic uncertainty.
U.S. stocks fell from record highs as oil prices surged and bond yields jumped amid escalating fears of war with Iran, sparking market volatility.
Jerome Powell's tenure as Fed chair, ending in 2026, is marked by inflation misjudgments and confrontations with Trump, shaping a complex legacy.
Global stock markets dip as South Korea's Kospi index reaches new highs, while Trump concludes his visit to Beijing. Investors eye trade developments.
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RecommendedCanada's main stock index gained more than 200 points on Thursday, mirroring gains on Wall Street as investor sentiment improved across North American markets.
Damanjeet Singh and Pardaman Singh face charges for an April 22 shooting in Surrey linked to an extortion network. Police seek public help.
Global stocks traded mixed as enthusiasm for artificial intelligence waned and geopolitical tensions persisted, with investors eyeing economic data and central bank signals.
U.S. stocks fell from record highs due to a slump in AI stocks and rising oil prices, while consumer prices hit their highest since May 2023.
Canadian and U.S. stock markets fell sharply, with the S&P/TSX composite down more than 200 points. The decline reflects broad selling pressure across sectors.
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RecommendedWall Street's record-breaking streak slows as AI stocks slump and oil prices rise amid geopolitical tensions and economic data.
Stock futures point to losses on Wall Street as pessimism over a quick end to the Iran war persists, with global markets under pressure.
Global shares mostly fell amid escalating Iran war worries and rising oil prices. Markets in Asia, Europe, and the US saw declines as investors reacted to geopolitical tensions.
Martin Pelletier discusses the growing divide between Main Street and Wall Street as central banks manage surging commodity prices affecting consumer affordability.
The S&P 500 hovered near its record Thursday as oil prices fell sharply on hopes a deal may reopen the Strait of Hormuz. The Dow dipped, while the Nasdaq hit a new high.
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RecommendedA new commercial development featuring a grocery store is proposed for Mer Bleue Road and Brian Coburn Boulevard in Orléans, Ottawa, aiming to serve the growing community.
Analysts have become more optimistic about the Canadian dollar as geopolitical tensions ease. The loonie is expected to strengthen in the coming months.
Treasury Secretary Bessent says America will refund about half of tariffs if the Supreme Court rules Trump overstepped his authority, impacting trade policy.
U.S. stocks edged higher on Wednesday as crude oil prices eased, pushing markets toward new records. Investors remain optimistic about economic growth.
Highway 401 in Mississauga has fully reopened after a collision involving a dump truck shut down several lanes between Mavis and Mississauga roads on May 4.
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RecommendedWall Street inched higher Monday while oil prices edged lower, despite escalating tensions in Iran. Markets await key economic data and earnings this week.
GameStop has launched a $56 billion hostile takeover bid for eBay, aiming to transform its business model. The move signals a major shift in the retail landscape.
Martin Pelletier warns that Mark Carney's $25-billion sovereign wealth fund, funded by borrowing, risks raising bond yields, hurting mortgages, and repeating past mismanagement.
World shares were mixed with most markets closed for May Day, while oil held steady at US$111 a barrel. Apple beat earnings estimates, and the S&P/TSX composite closed higher.
Canadian and U.S. stock markets rallied sharply on April 30, 2026, with the S&P/TSX composite gaining nearly 400 points amid broad-based gains across sectors.
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