Analysts said the rebalancing of Canada’s flagship index underlined the challenge to energy companies in attracting investment amid concerns about lack of new oil pipeline capacity and a glut of cheap North American natural gas. Continue reading
A stern condemnation by Beijing of the recent U.S. blacklisting of Huawei Technology has investors concerned about a technology war between the two economic superpowers. Continue reading
Financial markets are on edge, but U.S.-China trade talks are still expected to continue. Continue reading
The S&P/TSX composite index gained 68.57 points to 16,612.81, surpassing the previous record close of 16,567.47 set last July. Continue reading
The Toronto Stock Exchange’s main index soared to a record high close of 15,729.12 points, buoyed by energy, materials and financials stocks. Continue reading
The latest round of sluggish manufacturing data from China weighed heavily on commodities Tuesday and sent reverberations through North American stock markets and the Canadian dollar as the currency plunged more than a cent. Continue reading