29 h. ago Tech stocks drive S&P/TSX composite lower, U.S. markets flat amid hot macro data

TORONTO — Canada’s main stock index finished lower on Thursday, weighed down by losses in the technology sector, while U.S. markets were mostly flat as markets digested U.S. wholesale inflation data. Michael Greenberg, portfolio manager for Franklin Templeton Investment Solutions, said much of the market movements came from the recently released macroeconomic data out of […]

Economics

3 d. ago Emerging Market Stocks Trade Steady Before US Inflation Data

Emerging-market stocks and currencies were steady as traders awaited US inflation data for clues on the path for Federal Reserve interest-rate cuts.

Economics

3 d. ago Wall Street Pros See Stocks Ignoring ‘Transitory’ Inflation Rise

Economists expect the latest data on consumer prices to show an uptick in inflation, but Wall Street pros aren’t concerned that it’ll derail the latest stock market rally.

Economics

4 d. ago Trump nominates conservative economist to head agency that compiles jobs, inflation data

WASHINGTON (AP) — President Donald Trump said Monday that he has nominated E.J. Antoni, chief economist at the conservative Heritage Foundation, to head the agency that compiles and publishes the nation’s employment and inflation figures. “Our Economy is booming, and E.J. will ensure that the Numbers released are HONEST and ACCURATE,” Trump said on social […]

Economics

4 d. ago S&P/TSX composite closes slightly higher, U.S. markets slip ahead of inflation data

TORONTO — Strength in consumer cyclical stocks helped Canada’s main stock index finish slightly higher on Monday, while U.S. markets lost ground as investors await U.S. inflation data. The S&P/TSX composite index was up 16.55 points at 27,775.23. “I think the markets are just trying to digest, especially in Canada; we had disappointing jobs data […]

Economics

4 d. ago Stocks Waver Near Record Before Key Inflation Data: Markets Wrap

Wall Street traders bracing for a key inflation reading left stocks wavering near all-time highs, while bonds and the dollar edged up. Bitcoin pared a rally that earlier drove it above $122,000.

Economics

4 w. ago Bond Yields Drop on Waller’s Call, Inflation Views: Markets Wrap

Bond yields fell alongside the dollar as Federal Reserve Governor Christopher Waller reiterated his case for a July rate cut, while data showed an improvement in consumer expectations for inflation. Stocks fluctuated as traders parsed a handful of earnings.

Economics