Stock market: Wall Street ends lower amid concerns about rising interest rates

(Photo: Getty Images) MARKET OVERVIEW. The New York Stock Exchange closed lower on Tuesday, in a market concerned about the rise in global interest rates, the US Federal Reserve’s (Fed) monetary policy decision expected on Wednesday and its impact on the economy. The Toronto Stock Exchange fell almost 1 percent and was sucked into a … Read more

Stock market: Wall Street ends up buying cheap after a black session

(Photo: 123RF) MARKET OVERVIEW. The New York Stock Exchange closed higher, benefiting from bargain buying after a dark day on Tuesday in a session boosted by a new inflation indicator that showed a slight drop in prices in the United States. Gains in the energy sector helped the TSX end the session higher. Consult market … Read more

Stock market: Wall Street sharply lower, disappointed by an inflation indicator

(Photo: 123RF) MARKET OVERVIEW. The Toronto Stock Exchange slipped more than 250 points late Tuesday morning, with losses in the technology and financial sectors paving the way for a broader decline, while major US indices also fell after the release of disappointing inflation data. Consult market news (again). Stock market indices at noon In Toronto, … Read more

Stock market: third consecutive bearish session on Wall Street

(Photo: 123RF) MARKET OVERVIEW. The New York Stock Exchange suffered its third consecutive loss on Tuesday amid concerns that continued strength in the US jobs market will prompt the Fed to hike interest rates more severely. Consult market news (again). Stock market indices at close of trading In Toronto, the S&P/TSX closed 323.22 points (-1.63%) … Read more

Stock market: Wall Street closes lower, still in Fed wake

(Photo: Getty Images) MARKET OVERVIEW. The New York Stock Exchange ended slightly lower on Monday, still in the wake of Friday’s slowdown following Fed Chair Jerome Powell’s hawkish inflation statements. Consult market news (again). Stock market indices at close of trading In Toronto, the S&P/TSX closed up 37.17 points (-0.19%) at 19,836.12 points. In New … Read more

Stock market: Wall Street plummets after Fed President’s strong speech

(Photo: Getty Images) MARKET OVERVIEW. The New York Stock Exchange slipped resolutely into the red on Friday after firm statements from the Governor of the US Federal Reserve (Fed) who was determined to continue the fight against inflation at the risk of slowing down the economy. For its part, the Toronto Stock Exchange followed the … Read more

Stock market: Wall Street ends in sharp slump, brutal braking ahead of Fed

(Photo: Getty Images) MARKET OVERVIEW. Wall Street enjoyed another sharp decline on Monday, shedding the frenzied optimism of the past two months to focus on the Federal Reserve’s (Fed) continuation of rate hikes and a much-anticipated speech by its President on Friday. The Toronto Stock Exchange suffered another day of triple-digit losses on Monday as … Read more

Stock market: Wall Street ends the week at half-staff on interest rate tensions

(Photo: 123RF) MARKET OVERVIEW. The New York Stock Exchange ended the week at half-staff amid tensions over bond yields, the rise in the dollar and oil prices. Canada’s main stock index fell on Friday, part of a broader pullback that also affected U.S. markets and saw sharp losses in the technology and cryptocurrency sectors. Consult … Read more

Stock market: Wall Street ends, a dead period for lack of catalyst

(Photo: 123RF) MARKET OVERVIEW. The New York Stock Exchange ended Wednesday in the red, marking a pause after several sessions of back-to-back gains driven by mixed company results and a mixed message from the US Federal Reserve (Fed). Consult market news (again). Stock market indices at close of trading In Toronto, the S&P/TSX closed up … Read more

Stock market: Wall Street, calmed by consumption, pushed the Dow Jones up at the expense of the Nasdaq

(Photo: 123RF) MARKET OVERVIEW. The New York Stock Exchange regained consumer confidence on Tuesday, helped by better-than-expected retail results that pushed the Dow Jones higher at the expense of technology. The Toronto Stock Exchange closed higher as investors took note of a new inflation report that experts say is unlikely to stop the Bank of … Read more