Ford government's changes to children's aid societies miss what actually needs fixing, critics charge Jun 10th
Stock market news for Canadian investors: Eli Lilly, BCE and more + MORE Feb 7th
Trump warns courts against knocking down tariffs, says duties are 'huge positive' for stock market - CNBC Aug 8th
Ottawa puts $200M into space launch pad in Nova Scotia - CBC + MORE Mar 17th
The best GIC rates in Canada for 2026 Feb 3rd
Markets response to U.S. Federal Reserve
– moneysense.ca
U.S. stocks rallied close to their records Friday after the head of the Federal Reserve finally said out loud what Wall Street has been expecting for a while: Cuts to interest rates are coming soon to help the economy.
The S&P 500 rose 1.1% after Fed Chair Jerome Powell said in a highly anticipated speech that the time has come to lower its main interest rate from a two-decade high. The index pulled within 0.6% of its all-time high set last month and has clawed back virtually all its losses from a brief but scary summertime swoon.
The Dow Jones Industrial Average rose 462 points, or 1.1%, to close above the 41,000 level for the first time since it set its own record in July, while the Nasdaq composite jumped 1.5%.
Featured online brokers
featured
National Bank Direct Brokerage
$0 commission on all online stock transactions. No minimum deposit needed.
go to site
Wealthsimple Trade
Low-fee investing for all Canadians…
