TSX rises on materials and financials strength, U.S. markets post mixed results
Canada’s main stock index gained ground Wednesday, helped by strength in the basic materials and financial sectors, while U.S. markets were mixed.
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Canada’s main stock index gained ground Wednesday, helped by strength in the basic materials and financial sectors, while U.S. markets were mixed.
Wall Street edged near its record after several AI stocks reported better growth for the spring than analysts expected.
U.S. crude stocks excluding barrels in the Strategic Petroleum Reserve posted a surprise build and made their largest weekly gain since January 2023.
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A vast oil spill in the Gulf is quickly becoming one of the world’s worst in years after being allowed to spread almost unchecked for weeks, according to international agencies, satellite imagery and environmental groups.
OPEC on Wednesday lowered its forecast for world oil demand growth in 2026 to 580,000 barrels per day, a copy of its monthly report showed, marking the fourth straight downward revision.
Canada’s main stock index finished narrowly positive to add to its all-time highs, helped by gains in the utilities and industrial sectors.
U.S. stocks slipped a bit further from their records, while oil prices kept swinging on uncertainty about when the Iran war will allow crude to flow freely.
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Canada’s main stock index climbed on Monday, helped by gains in the energy sector, while U.S. markets were negative.
The U.S. stock market edged down from its all-time high on Monday, while oil prices rose on uncertainty about when the Strait of Hormuz could reopen.
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Andy O’Brien will succeed longtime ConocoPhillips CEO Ryan Lance next month and will inherit a major Alaska oil project to complete, costs to control and a share price that has recently lagged peers, analysts and investors said.
A new poll suggests most Canadians now see the Trans Mountain pipeline as a strategic national asset and want Ottawa to keep it.
Canada’s main stock index rose nearly 250 points on Friday, as investors sifted through the latest employment figures.
Stocks rose on Wall Street Friday and U.S. Treasury yields fell after the government reported that employers unexpectedly cut 23,000 jobs last month.