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.
Construction begins on new gold mine in northern Manitoba
Ground has broken on a gold mining project in northern Manitoba.
Markets today: Wall Street drifts and Trump Media jumps despite souring moods for U.S. consumers
Wall Street edged higher in a quiet Tuesday after roaring the day before on hopes that President Donald Trump’s tariffs may not be as sweeping as earlier feared.
S&P/TSX composite rises Tuesday, U.S. stock markets also higher
Canada’s main stock index was up, helped by gains in base metal stocks, while U.S. markets also rose in late-morning trading.
Bullish oil options wagers surge as Trump ramps up sanctions
Traders have been snapping up bullish oil options to hedge against the risk that US sanctions will cause prices to spike.
David Driscoll Top Picks for March 25, 2025
Top picks from David Driscoll, CEO and CIO, Liberty International Investment Management
Russian crude flows hit five-month high while peace talks drag
Russia’s oil exports rose to a five-month high while U.S.-initiated talks aimed at achieving a ceasefire in the Ukraine conflict drag on.