Canadian and U.S. stock markets slide from record highs amid rising oil prices
Stock markets in Canada and the U.S. lost ground as oil prices rose following a flare-up in hostilities that threatened the U.S.-Iran ceasefire.
ADVERTISEMENT
Oil prices climb back toward US$100, and U.S. stocks halt their record-breaking rally
Oil prices rose following the latest threats to the U.S.-Iran ceasefire, and U.S. stocks retreated from their records.
David Burrows’ Top Picks for June 3, 2026
Top Picks from David Burrows, Chairman and CEO, Barometer Capital Management Inc
Disruption of Mideast energy supplies into next year would slam global economy, report says
Prolonged disruption of energy supplies from the Middle East due to the Iran war would deal a severe blow to the global economy, sending some countries into recession and spreading inflation and higher unemployment, the Organization for Economic Cooperation and Development said in a report Wednesday.
Kuwait can restore 70% of oil output in 6–8 weeks of Hormuz reopening, KPC executive says
Kuwait could restore nearly 70 per cent of its oil production within six to eight weeks after the Strait of Hormuz reopens, Kuwait Petroleum Company’s managing director for international marketing, Shaikh Khaled Ahmad Al-Sabah, said on Wednesday.
Canadian, U.S. stock markets notch new record highs amid continued AI boom
Stock markets in Canada and the U.S. reached new highs, powered by gains in energy and AI, respectively.
Marvell shares touch record high after Nvidia’s Huang calls it ‘next trillion-dollar company’
Marvell Technology’s shares surged more than 25 per cent on Tuesday after Nvidia’s CEO Jensen Huang called the chipmaker the next “trillion-dollar company.”
Wall Street inches to more records thanks to booming AI stocks
The U.S. stock market inched to more records Tuesday as winners of the artificial-intelligence boom kept driving higher.
Newfoundland and Labrador offering millions for exploration to open new oil frontiers
Oil production is ramping up off Newfoundland and Labrador and the government is offering money to companies interested in looking for more.
Joe Hegener’s Top Picks for June 2, 2026
Top Picks from Joe Hegener, CIO and founder, Asterozoa Capital
Oil prices rise, but not by enough to keep Wall Street from more records
Oil prices rose Monday following the latest fighting to threaten the U.S.-Iran ceasefire, but Wall Street isn’t very worried, and U.S. stocks are rising toward more records.
Gold mine operated by Orla Mining halts operations amid worker blockade
Orla Mining Ltd. says operations at its Camino Rojo mine in Mexico have been halted due to what it says is an illegal work stoppage and blockade by unionized workers at the site.
U.S. stocks gain ground, adding to their records, as Dell soars
Wall Street pushed further into the record books Friday, as the major stock indexes extended the market’s recent winning streak and closed out a solid month of gains.
Tech stocks send TSX higher, U.S. markets also up amid hopes of U.S.-Iran deal
Canada’s main stock index gained ground while U.S. markets continued to push into record territory as the U.S. and Iran were reportedly working toward a deal to extend a ceasefire.
Brianne Gardner’s Top Picks for May 29, 2026
Top Picks from Brianne Gardner, Portfolio Manager & Senior Wealth Manager, Velocity Investment Partners, Raymond James