Financial advisor says he sees a ‘buy the dip mentality’ amid market gains
As equity markets moved Tuesday to recover most of the year’s losses, one financial advisor says he sees some reasons for optimism going forward.
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S&P/TSX composite up more than 100 points, U.S. stock markets mixed
Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in the energy, base metal and technology sectors, while U.S. stock markets were mixed.
Wall Street climbs following an encouraging slowdown in inflation
U.S. stocks are rising Tuesday following an encouraging report that showed inflation unexpectedly slowed across the country last month.
S&P 500, Nasdaq 100 erase 2025 drop as trade hope sparks rebound
The S&P 500 and Nasdaq 100 indexes turned higher for the year on Tuesday, reversing a multitrillion dollar routs, as enthusiasm for U.S. stocks grows with global trade tensions cooling after the Trump administration and China agreed to temporarily lower tariffs.
Scotiabank targets Canada’s affluent South Asians in ICICI pact
Bank of Nova Scotia wants to tap into the population of affluent Canadians with ties to South Asia through a wealth-management referral partnership with one of India’s largest lenders, ICICI Bank Ltd.
Egg prices fall to $5 a dozen in the U.S. from record highs
Egg prices pulled back 18 per cent from a record high last month, offering some relief as supplies recovered from bird flu shock, though tariffs risk higher costs ahead.
Porsche braces for sales dip over Trump’s tariff chaos
Porsche AG is expecting a dip in sales after consumers pulled forward purchases earlier this year to beat U.S. President Donald Trump’s auto tariffs.
Earnings momentum turns positive for U.S. stocks as tariffs ease
The negative earnings-growth momentum that has plagued U.S. equities for months is finally taking a turn for the better.
Microsoft among software stocks offering haven in tariff chaos
As the Trump administration’s trade war clouds the economic outlook, software stocks have emerged as a favorite place for investors looking for a respite.
H&F’s Hub lands US$29 billion valuation in $1.6 billion round
Hellman & Friedman-backed Hub International Ltd. has raised US$1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion.
The U.S. is on track to lose US$12 billion in travel revenue in 2025
The United States is the only nation projected to feel an international tourism slump this year.
Stocks around the world have recovered from their tariff tantrum
Equity benchmarks around the world have recouped their losses in a roller-coaster six-week stretch since the acceleration of U.S. President Donald Trump’s tariff offensive.
S&P/TSX reshuffle to yield biggest turnover since 2022, Scotiabank says
U.S. President Donald Trump’s trade war is causing a reckoning on Canada’s benchmark stocks index, which is set to see an uptick in membership changes next month, Scotiabank analysts say.
Nissan slashes 15% of its global work force as the Japan automaker sinks into losses
Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss Tuesday for the fiscal year that just ended amid slipping vehicle sales in China and other nations, and towering restructuring costs.
Stocks surge on U.S.-China trade truce, while gold plummets
News of a 90-day truce in the U.S.-China trade war propelled markets higher on Monday, with the surge more pronounced south of the border than in Canada.
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war
Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war.