Most U.S. stocks rise, but UnitedHealth’s worst day in decades keeps Wall Street in check
Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check.
Most U.S. stocks climbed Thursday, but the worst drop for UnitedHealth Group in a quarter of a century kept Wall Street in check.
Top picks from Bruce Murray, CEO and CIO, Murray Wealth Group
British Columbia’s securities regulator says a recent two-day operation to identify victims of a specific type of cryptocurrency fraud has found 89 people who were drained of more than $4 million in assets.
Strength in the energy sector helped Canada’s main stock index make a small gain Wednesday even as U.S. markets fell.
Chinese refiners are importing record amounts of Canadian crude after slashing purchases of U.S. oil by roughly 90 per cent amid escalating trade tensions.
Chris Blumas, portfolio manager, Raymond James Investment Counsel
Gold prices pierced the US$3,300 an ounce barrier to hit record highs as investors sought a refuge from the turbulence surrounding trade tensions between the United States and China.
The operator of the Keystone oil pipeline brought the conduit back into service, putting an end to a week-long outage caused by an estimated 3,500-barrel spill in rural North Dakota.
U.S. Energy Secretary Chris Wright says Donald Trump’s administration is giving the “green light” to more U.S. oil production, but the signal from the fracking company he used to run is flashing bright red.
Strength in the technology, base metal and financial sectors helped Canada’s main stock index gain more than 200 points in late-morning trading, while U.S. stocks also climbed higher.
Eric Nuttall, partner and senior portfolio manager, Ninepoint Partners
Canada’s main stock index was up more than 200 points in early trading while U.S. markets pushed higher even after U.S. Commerce Secretary Howard Lutnick said Sunday that U.S. tariff exemptions on electronics like smartphones and laptops would be only a temporary reprieve.
The Canadian dollar reached its highest level in more than five months on Monday, and one currency expert says she expects the loonie to continue to climb against a weakening U.S. dollar after Canada’s economy avoided a worst-case tariff scenario.
Top picks from David Burrows, president and chief investment strategist, Barometer Capital Management
OPEC cut forecasts for global oil demand growth slightly this year and next as U.S. President Donald Trump’s tariff onslaught takes a toll on consumption, while remaining more bullish than other forecasters.
Energy prices are set to be lower under the current U.S. administration than in the prior one, according to U.S. Energy Secretary Chris Wright.