S&P/TSX composite up nearly 100 points, with energy leading the way
Canada’s main stock index closed up nearly 100 points, with energy leading the way.
Wall Street rises on hopes for trade deals that could forestall a recession
U.S. stocks rose after the United States and United Kingdom announced a deal on trade that would lower some tariffs and restrictions between the two countries. The S&P 500 climbed 0.6% Thursday, marking its 11th gain in the last 13 days.
Daniel Straus’s Top Picks for May 8, 2025
Top picks from Daniel Straus, managing director at National Bank Financial
Wall Street climbs in choppy trading after U.S. Fed warns of rising risks for economy, holds rates steady
U.S. stocks ticked higher Wednesday after the Federal Reserve left its main interest alone, as was widely expected, but also warned about rising risks for the U.S. economy.
S&P/TSX composite closes up along with U.S. markets
Canada’s main stock index closed up along with U.S. markets as there were hints of cooling in trade tensions between the U.S. and China while the Federal Reserve kept its key rate unchanged.
Heavy lifting begins as Suncor starts refurbishing decades-old upgrader components
Oilsands giant Suncor Energy Inc. has begun a three-month outage at one of its upgraders so it can begin to replace enormous components first installed almost six decades ago.
Stan Wong’s Top Picks for May 7, 2025
Top picks from Stan Wong, Portfolio Manager, Scotia Wealth Management.
Gold tumbles as U.S.-China trade talk optimism saps haven demand
Gold fell, snapping a two-day advance, after China and the U.S. confirmed upcoming trade talks, easing demand for safe havens.
Ryan Bushell’s Top Picks for May 6, 2025
Top picks from Ryan Bushell, CEO and portfolio manager, Newhaven Asset Management
Staking firm Figment hunts acquisitions amid crypto deal spree
Figment is looking for acquisition targets, potentially extending a flurry of dealmaking in the digital-assets space triggered by U.S. President Donald Trump’s pro-crypto agenda.
S&P/TSX composite down as oil falls, U.S. markets also end lower
S&P/TSX composite down as oil falls, U.S. markets also end lower
‘Just stay away’: Financial accounting professor says crypto industry moving more toward speculation
The cryptocurrency industry is broadly moving toward a more speculative system amid political influences and one professor of financial accounting advises investors to stick to some of the mainstay assets in the industry or avoid the sector altogether.
Jordan Zinberg’s Top Picks for May 5, 2025
Top picks from Jordan Zinberg, president and CEO, Bedford Park Capital
Oil sinks as OPEC+ supply surge threatens to swamp global market
Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time when demand is challenged by the drag from the trade war.
Wall Street extends its gains to a 9th straight day, reclaiming losses since tariff escalation
Wall Street extended its gains to a ninth straight day Friday, marking the stock market’s longest winning streak since 2004 and reclaiming the ground it lost since President Donald Trump escalated his trade war in early April.
Dan Rohinton’s Top Picks for May 2, 2025
Top picks from Dan Rohinton, vice-president and portfolio manager iA Global Asset Management