Stock is set for its worst single-day drop Author of the article: Reuters Devik Jain and Anisha Sircar A monitor displays Snap Inc. signage on the floor of the New York Stock Exchange. Photo by Michael Nagle/Bloomberg Wall Street’s main indexes fell on Tuesday, with the tech-heavy Nasdaq leading the slump, as a weak earnings… Continue reading Stocks are plunging again today after Snap’s bleak forecast sparks selloff
Here’s a better strategy for investors than trying to catch falling knives
Martin Pelletier: We have not yet seen the across-the-board capitulation of previous meltdowns An exhausted trader slumps in his chair at the Toronto Stock Exchange October 19, 1987, known as Black Monday. The Canadian Press The daily market swings have been quite amazing to watch, but it appears many are still trying to time the… Continue reading Here’s a better strategy for investors than trying to catch falling knives
Why the TSX is finally finding some love from investors jilted by U.S. stock markets
Historical trends suggest the TSX is likely to outperform the S&P 500 over the next several years Signage for the Toronto Stock Exchange (TSX) is seen in the financial district of Toronto. Photo by Cole Burston/Bloomberg Canadian stocks have had a decent run since the global financial crisis of 2008. From December 31, 2008, through… Continue reading Why the TSX is finally finding some love from investors jilted by U.S. stock markets
Wall Street ends mixed after punishing week
S&P 500 and Nasdaq logged their seventh straight week of losses Author of the article: Reuters Noel Randewich and Amruta Khandekar If the S&P 500 closes below 20 per cent or more, it would confirm a bear market for the first time since the 2020 Wall Street plunge brought on by the COVID-19 pandemic. Photo… Continue reading Wall Street ends mixed after punishing week
S&P 500 on track to hit bear market today as it falls 20% from record close
S&P 500 and Nasdaq logged their seventh straight week of losses Author of the article: Reuters Noel Randewich and Amruta Khandekar If the S&P 500 closes below 20 per cent or more, it would confirm a bear market for the first time since the 2020 Wall Street plunge brought on by the COVID-19 pandemic. Photo… Continue reading S&P 500 on track to hit bear market today as it falls 20% from record close
Canada Pension Plan fund tops half trillion after posting 6.8% return
Returns muted by volatility in markets ‘not seen since the outset of the pandemic’ Publishing date: May 19, 2022 • 11 hours ago • 3 minute read • 21 Comments The CPP fund’s five-year return is 10 per cent, with the ten-year return coming in at 10.8 per cent. Photo by Sean Kilpatrick /THE CANADIAN PRESS… Continue reading Canada Pension Plan fund tops half trillion after posting 6.8% return
FP Answers: Is it right to draw on stocks for retirement income in good market years, and GICs in bad ones?
You’re on the right track, but need a more in-depth plan, expert says The Dow Jones Industrial Average is displayed on a screen after the close of the day’s trading at the New York Stock Exchange. Photo by REUTERS/Andrew Kelly/File Photo By Julie Cazzin and Doug Robinson Advertisement 2 This advertisement has not loaded yet,… Continue reading FP Answers: Is it right to draw on stocks for retirement income in good market years, and GICs in bad ones?
Futures signalling more pain to come after selloff wipes $1.5 trillion off markets
Wall Street’s worst day since mid-2020 Author of the article: Bloomberg News Srinivasan Sivabalan and Robert Brand The S&P 500 posted the biggest single-day drop since June 2020 on Wednesday amid growing concern that high inflation is cutting into corporate performance. Photo by Hannelore Foerster/Bloomberg News A global stocks rout deepened on Thursday, with European… Continue reading Futures signalling more pain to come after selloff wipes $1.5 trillion off markets