How the Dow Jones industrial average fared on Wednesday + MORE Nov 30th

Stocks moved mostly lower Wednesday as gains in blue-chip energy companies and banks were not enough to make up for losses in the broader market. The Dow Jones industrial average touched a record high intraday but gave back nearly all of its gain and ended slightly higher.
On Wednesday:
The Dow Jones industrial average rose 1.98 points, or 0.01 per cent, to 19,123.58.
The Standard & Poor’s 500 index lost 5.85 points, or 0.3 per cent, to 2,198.81.
The Nasdaq composite rose 56.24 points, or 1.1 per cent, to 5,323.68.
For the week:
The Dow is down 28.56 points, or 0.2 per cent.
The S&P 500 is down 14.54 points, or 0.7 per cent.
The Nasdaq has lost 75.24 points, 1.4 per cent.
For the year:
The Dow is up 1,698.55 points, or 9.8 per cent.
The S&P 500 is up 154.87 points, or 7.6 per cent.
The Nasdaq is up 316.27 points, or 6.3 per cent.
The post How the Dow Jones industrial average fared on Wednesday appeared first on Canadian Business – Your Source For Business News.

Foreign ownership of existing Canadian condominium units in Canada’s three biggest cities has declined in 2016 compared with the previous two years, according to a CMHC report that aims to shed light about foreign buyers on Canadian real estate.

OMAHA, Neb. – Major U.S. freight railroads expect their business to fare well as long as the economy continues growing despite President-elect Donald Trump’s promises to overhaul U.S. trade policy and renegotiate bad deals.
Railroad executives didn’t seem worried about major trade changes Wednesday when they spoke at a Credit Suisse investor conference.
And railroads would benefit if major infrastructure projects are approved or the Trump administration relaxes environmental restrictions on coal.
Union Pacific Chief Financial Officer Rob Knight says he thinks logic will prevail because trade is needed for economic growth.
Edward Jones analyst Dan Sherman says that based on the people Trump has picked to join his cabinet he doesn’t expect major changes in trade.
The post Freight railroads don’t expect big trade changes under Trump appeared first on Canadian Business – Your Source For Business News.

TIMETrump must sell business to avoid conflicts of interest, experts sayThe Globe and MailDonald Trump's pledge to step away from his global real estate and hotel empire is doing little to quell persistent worries about potential conflicts of interest he'll face in the White House. Merely removing himself from “business operations” – as the …Donald Trump vows to leave business to avoid conflict of interest; experts say he needs to sellGlobalnews.caDonald Trump's idea of 'presidential' diverges from political normToronto StarThe Latest: Women's march organizers expect big namesMontreal GazetteTheChronicleHerald.ca -The Guardian -Financial Post -New Republicall 596 news articles »

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You can get married, but if you really want to to make a commitment to one another, take on a mortgage.
That’s because a mortgage is a commitment that survives, even if both of you don’t. Sounds a bit morbid but couples need to consider what happens should one of you die. If this were to happen, the surviving spouse would still be responsible for paying the mortgage. Yet, most couples base their mortgage payments on two incomes—and this can create a real problem should only one of you survive to pay the bills. 
To help mitigate the risks of too many bills and not enough money, consider life insurance. To help you sift through the options, Bruce Sellery offers some insight.
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The post Nothing says commitment like a mortgage appeared first on MoneySense.