Daily News

Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe.  In April, Fidelity funds marked down stakes in Reddit by more than a third from the preceding m...

The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also continuing its policy of quantitative tightening (Q...

  Stocks and US futures trimmed their advance and European bonds tumbled after hotter-than-expected German inflation numbers added to pressure for action from central bank policymakers to tame rising prices. European equities pared a fourth day of gains...

David Fingold, vice president and senior portfolio manager, Dynamic Funds FOCUS: U.S. and global stocks MARKET OUTLOOK: Given the recent volatility in equity and fixed income markets, we recommend investors approach markets with a focus on quality...

Kevin Carmichael: Economy is cooler than forecasters thought, but it's still too hot for the Bank of Canada's liking Canada’s gross domestic product increased at an annual rate of 3.1 per cent in the first quarter, compared with a revised rate of 6...

Stocks continued to rebound from a steep rout that drove the market down for seven straight weeks, with rebalancing from institutional investors potentially lifting equities at the end of the month. The S&P 500 wiped out its May losses and posted its bigge...

One of North America’s biggest institutional investors is pushing into the growth-equity business as it anticipates declines in private-company valuations will catch up with those of publicly traded stocks. Canada Pension Plan Investment Board, which manag...

While stocks may be experiencing a reprieve from a recent steep sell-off, investors likely remain jittery as runaway inflation, lingering supply chain disruptions and hawkish central banks continue to place pressure on markets. That’s led some renowned mon...

Practically everything rose this week, with traders crawling out from seven weeks of wreckage. From speculative flyers to the bluest chips, across junk and corporate bonds to Treasuries and commodities, the path of least resistance was, for once, up.  Clim...

Greg Newman, senior wealth advisor and portfolio manager, Newman Group, ScotiaMcLeod FOCUS: North American stocks and protection strategies MARKET OUTLOOK: Investors are trying to assess whether we are facing a cycle end or a cycle elongation (soft...