Daily News

Source: BNN Bloomberg October 29, 2022

U.S. stocks end turbulent week with a hefty gain

U.S. stocks ended a turbulent week with a sizable gain as Apple Inc.’s earnings report buoyed technology shares and a smattering of economic data suggested a modicum of progress is being made in the Federal Reserve’s battle against inflation. The S&P 500 a...

Source: BNN Bloomberg October 29, 2022

TSX recap: Index closes trading 0.62% higher

Canada's main stock index closed up for the sixth day in a row despite declines in the base metals, telecom and battery metals indexes, while U.S. markets posted strong gains. The S&P/TSX Composite Index was up 119.08 points, or 0.62 per cent, at 19,471.19...

Market Call Source: BNN Bloomberg October 29, 2022

Brendan Caldwell's Top Picks: October 28, 2022

Brendan Caldwell, president, chief executive officer and chief investment officer, Caldwell Investment Management FOCUS: North American large-cap stocks   MARKET OUTLOOK: Elevated inflation has forced North American central banks to quickly and agg...

Source: BNN Bloomberg October 29, 2022

Bond investors lose US$106B in dismal year for credit

It was supposed to be the silver lining to a year of brutal losses. As bond-fund managers watched the market value of their portfolio decline rate hike after rate hike, one thing was certain: companies would soon have to return to the market offering juicier...

Source: BNN Bloomberg October 29, 2022

The Week Ahead: Earnings from Rogers; Canadian labour force survey

Monday, October 31 Notable data: Bloomberg Nanos Confidence, Chicago PMI Notable earnings: Fairfax Financial Holdings, Surge Energy, IAMGOLD, NexGen Energy, Hut 8 Mining, Brookfield Asset Management, Knight Therapeutics, Turquoise Hill Resources, K-Br...

Source: Financialpost October 29, 2022

Blasphemy? Brian Belski says you don't have to own all 5 Canadian banks

Watch BMO chief investment strategist on where to find the opportunities in markets Brian Belski, chief investment strategist with BMO Capital Markets, talks with the Financial Post’s Larysa Harapyn about how markets are transitioning from grow...

Source: Financialpost October 29, 2022

Everything you need to know about the Bank of Canada rate hike

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by HSBC HSBC FP Video explains...

Source: BNN Bloomberg October 28, 2022

U.S. stocks drop for a second day; Amazon plunges

Wall Street contended with another volatile session as investors mulled the Federal Reserve’s path of interest-rate hikes while assessing mixed economic data and a slew of earnings reports. Amazon.com Inc. plunged after hours as its sales forecast trailed est...

Source: BNN Bloomberg October 28, 2022

TSX recap: Index finishes 0.38% higher, marking five days of gains

Canada's main stock index closed up for a fifth day in a row, buoyed by strength in information technology and battery metals, while U.S. stocks were mixed on tech earnings and new economic data.  The S&P/TSX Composite Index closed up 72.35 points, or 0.38...

Market Call Source: BNN Bloomberg October 28, 2022

Barry Schwartz's Top Picks: October 27, 2022

Barry Schwartz, chief investment officer and portfolio manager, Baskin Wealth Management FOCUS: North American large-cap stocks  MARKET OUTLOOK:  We do not wish to minimize the extent of the market decline in 2022. The period to Sept. 30 has seen t...