TORONTO — Canada's main stock index lost almost one per cent on Friday as the market saw broad-based weakness, while U.S. markets also fell. The downward slide comes as investors have had to swallow a bitter pill this week, with U.S.
TORONTO — Canada's main stock index lost almost one per cent on Friday as the market saw broad-based weakness, while U.S. markets also fell.
There are currently two schools of thought, said Petursson: Those who think equities need interest rate cuts, and those who are more focused on the ongoing strength of the U.S. economy. Those hoping for rate cuts coming soon have more to look forward to in Canada. The central bank again held its overnight rate steady this week but cuts are looking likely starting in June, said Petursson.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Toronto to see a wet, windy Friday, Environment Canada warnsA pedestrian crossing King Street on Simcoe with an umbrella in rainy weather on October 20, 2023.
Read more »
Maple Leafs clinch playoff spot, will return to post-season for eighth year in a rowTORONTO — The Toronto Maple Leafs clinched a playoff berth Friday night without stepping on the ice.
Read more »
Maple Leafs clinch playoff spot, will return to post-season for eighth year in a rowTORONTO — The Toronto Maple Leafs clinched a playoff berth Friday night without stepping on the ice.
Read more »
Canada's S&P/TSX Composite sets new closing highCanada’s equities benchmark index closed at a new all-time high Thursday on the backs of bank stocks, surging commodity prices and a rally in the country’s growing tech sector.
Read more »
Most actively traded companies on the Toronto Stock ExchangeTORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (22,264.38, up 212.59 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 42 cents, or 0.52 per cent, to $80.63 on 16.
Read more »
Toronto police searching for suspect who photographed female students showering at University of TorontoToronto police are searching for a suspect who took photos of female students showering in a University of Toronto residence earlier this year.
Read more »