Wednesday’s session saw the price of WTI crude spike 3.6% to $93.65 a barrel and the U.S. 10-year yield surge past 4.6%, creating a choppy trade for stocks on both sides of the border. Despite oil’s rally, the TSX sank […]

Tuesday’s session erased Monday’s gains and then some as U.S. new homes sales missed expectations in August, and September’s consumer confidence index fell in September from August. This data fueled investor anxiety and kept the U.S. 10-year yield at 4.548%. […]

The trading week began on a relatively quiet note with stocks edging up in Toronto and New York while crude oil was flat. The TSX added 20 points to remain just below 20,000 as Canadian sectors were mixed. Energy stocks […]

Friday closed with the major incides in Toronto and New York either flat or mildly down, but losing ground over the week. The TSX shed 11 points Friday to remain below 20,000 while it slipped 4% over the week. Sectors […]

Markets sold off Thursday, a day after the U.S. Fed announced it would not touch interest rates, but would keep them higher for longer and would raise them again if needed. That hawkish sentiment, similar to statements just made by […]