TSX down 400 points on Friday amid looming tariffs, inflation worries
Canada’s main stock index was down more than 250 points in late-morning trading on Friday amid broad-based losses, while U.S. stock markets also plunged.
Gold rises to record as trade war concerns drive haven demand
Gold rose to a record as concerns about a widening trade war remained front of mind for investors, after U.S. President Donald Trump pushed ahead with U.S. tariffs on all auto imports.
Deal slump hits U.S. high-grade bond supply, pressures spreads
The pipeline for U.S. high-grade corporate bond issuance to fund mergers has fallen to the lowest levels in five years as Trump’s trade war deters deals.
ICE, Circle to explore using USDC Stablecoin
Intercontinental Exchange Inc., parent of the New York Stock Exchange, is joining with Circle Internet Financial Ltd. to explore the use of the crypto firm’s USDC stablecoin, as well as tokenized money market funds, to develop new products.
French state bank Bpifrance launches US$27 million crypto fund
French investment bank Bpifrance said it’s launching a €25 million (US$27 million) cryptocurrency venture strategy to invest directly in digital assets.
S&P/TSX composite unchanged, U.S. markets down after auto tariff announcement
Strength in the telecommunication sector helped Canada’s main stock index climb higher in the late-morning trading, while U.S. stock markets were mixed.
Peter Hodson’s Top Picks for March 27, 2025
Top picks from Peter Hodson, Chief Investment Officer, i2i Capital Management.
Oil holds gain as U.S. posts biggest drop in stockpiles this year
Oil held a gain after U.S. crude inventories fell the most since December, signaling the prospect for near-term supply tightness.
Goldman increases gold forecast to $3,300 an ounce by year-end
Goldman Sachs Group Inc. ramped up its gold price forecast to $3,300 an ounce by year-end, citing stronger-than-expected central bank demand and solid inflows into bullion-backed exchange traded funds.
GameStop to borrow $1.3 Billion to fund bitcoin buying spree
GameStop Corp. is seeking to sell $1.3 billion of convertible bonds to fund Bitcoin purchases as it embraces a strategy that was developed by the cryptocurrency advocate Michael Saylor.
S&P/TSX composite down as tech and base metal stocks fall, U.S. stocks also lower
Canada’s main stock index moved lower on Wednesday, weighed down by losses in the technology and base metal sectors, while U.S. stocks also dropped.
Markets today: Wall Street slumps as Nvidia, Tesla and other Big Tech stocks drop
The majority of U.S. stocks are rising Wednesday, and Wall Street is drifting in mixed trading following weeks of scary swings, both down and up.
Oil watcher expects crude prices to stay rangebound for next 6 months at least
A veteran oil expert says benchmark crude prices are likely to remain within a tight range for the foreseeable future as tariff uncertainty continues to rattle global markets.
Kim Bolton’s Top Picks for March 26, 2025
Kim Bolton, president, and portfolio manager of Black Swan Dexteritas
GameStop’s crypto pivot boosts shares of one-time retail investor favourite
GameStop shares were back in action as the company’s move to hoard bitcoin brought retail investors back to their favourite meme stock.