Category: Business

Advertisment The S&P 500 posted narrow gains Wednesday in a bout of volatile trading after data showed that the U.S. economy contracted in the first quarter and investors’ recession fears ramped up. The Dow Jones Industrials shook off a negative start to vault 141.74 points to 40,669.36. The much-broader index forged out…

Advertisment Stocks fell on Wednesday, spoiling a stock market comeback in April, as data showed the U.S. economy contracted in the first quarter, raising fears the economy was slipping into a recession under the weight of President Donald Trump’s flurry of policy moves, especially on trade. The Dow Jones Industrials came off…

– Carney leads Liberals to victory—opposition leaders lose their seats. – US JOLTS data and Consumer Confidence put the focus on recession risks. – US dollar opens higher compared to close. USDCAD: open 1.3847, overnight range 1.3808-1.3872, close 1.3829, WTI 61.20, Gold 3310.44 The Canadian dollar remains trapped in its well-defined range as traders remain…

Advertisment The Dow Jones Industrial Average rose on Tuesday, hitting its highs of the day as the White House said a major trade deal was close to being announced. The 30-stock index hiked 300 points to 40,527.62. Helping lead the Dow higher, Honeywell surged 5.4% after the company’s latest quarterly results beat…

Canada’s main stock index was ended higher on Tuesday, even as cautious investors moved on from the country’s elections to focus on the potential economic impact of a global trade war triggered by U.S. President Donald Trump’s tariffs. The TSX Composite Index gained 75.89 points to conclude Tuesday at 24,874.48 The Canadian dollar dipped 0.04…

Novo Nordisk Opens Weight Drug to Telehealth Novo Nordisk (NYSE:NVO) on Tuesday said it will offer its weight loss drug Wegovy through telehealth providers Hims & Hers Health (NYSE:HIM), Ro and LifeMD to expand access to the blockbuster treatment now that it is no longer in short supply in the U.S. Shares of…

Futures for Canada’s main stock index were marginally higher in choppy trade on Tuesday, as investors assessed Prime Minister Mark Carney-led Liberals’ victory in an election centred around the trade war with the U.S. The TSX Composite Index gained 88.08 points to conclude Monday at 24,798.59 June futures were up 0.2% Tuesday….

Aclara Resources Inc. (T.ARA) hit a new 52-week high of 74 cents Monday. Aclara announced the official inauguration of its semi-industrial heavy rare earths pilot plant facility in Aparecida de Goiania, Goias, Brazil. The ceremony was attended by key government authorities from the State of Goias, the Municipality of Nova Roma, and representatives…

Canada’s main stock index moved higher on Monday, led by gains in financial stocks, as investors anticipated more certainty regardless of the winner of the country’s general election, in which U.S. trade policies have been in focus. The TSX Composite Index gained 88.08 points to conclude Monday at 24,798.59 The Canadian dollar…