Wall Street drifts lower as U.S. stocks slow their roll
U.S. stocks drifted lower on Wednesday, cooling down a day after leaping within a few good days’ worth of gains from their all-time high.
U.S. stocks drifted lower on Wednesday, cooling down a day after leaping within a few good days’ worth of gains from their all-time high.
Top picks from Andrew Pyle, senior investment advisor and senior portfolio manager, CIBC Wood Gundy
The headline-grabbing tale of an Italian man who said he was kidnapped and tortured for weeks inside an upscale Manhattan townhouse by captors seeking his bitcoin highlights a dark corner of the cryptocurrency world: the threat of violence by thieves seeking digital assets.
Big U.S. banks are holding internal discussions about expanding into cryptocurrencies as they get stronger endorsements from regulators, but initial steps will be tentative.
A second cryptocurrency investor surrendered to police Tuesday in the alleged kidnapping of a man who said he was tortured for weeks inside an upscale Manhattan townhouse by captors seeking the password to his Bitcoin account.
Wall Street’s roller-coaster ride created by U.S. President Donald Trump’s trade policies whipped back upward on Tuesday, this time because of a delay for his tariffs on the European Union.
Top picks from Martin Cobb, senior vice-president, equities, Lorne Steinberg Wealth Management
U.S. President Donald Trump’s media company said Tuesday that institutional investors will buy US$2.5 billion in the company’s stock with the proceeds going to build up a bitcoin reserve.
One currency analyst says he expects the Canadian dollar to reach 74 cents U.S. by the end of the year.
OPEC+ is doing its best to balance the oil market, but needs to be mindful of rising demand, United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei said on Tuesday.
A fuel tank fire on Monday halted production at Ecuador’s largest oil refinery, sparking the evacuation of nearby residents as a giant plume of smoke billowed from the facility.
Top picks from Derek Warren, vice president, Lincluden Investment Management
European shares have opened higher and U.S. futures also surged after U.S. President Donald Trump said he would delay a threatened 50% tariff on goods from the European Union to July 9.
U.S. stocks fell Friday after President Donald Trump threatened 50% tariffs on the European Union that could begin in a little more than a week.
One FX strategist says he expects the Canadian dollar to be trading around 72 cents U.S. around the end of the year, adding the loonie is currently trading near that level.
Top picks from Brian Madden, chief investment officer, First Avenue Investment Counsel