TORONTO — Canada's main stock index gained more than 300 points Monday in a broad-based rally, while U.S. markets also rose. This week is set to be much quieter than last week, which included the U.S.
TORONTO — Canada's main stock index gained more than 300 points Monday in a broad-based rally, while U.S. markets also rose.
The Fed held its key rate steady last week but indicated it planned to ease off somewhat on other quantitative tightening measures. “It's the conundrum of, are we in stagflation? Are we in a true slowdown, or what are we looking at here?” she said.Markets are in wait-and-see mode, she said. Expectations for rate cuts have been drastically pared back from the beginning of the year.
Most of the companies in the S&P 500 have already reported their first-quarter results, with more than three-quarters of them topping profit expectations, according to FactSet.The Canadian dollar traded for 73.20 cents UScompared with 73.14 cents US on Friday.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P/TSX composite down almost 300 points, U.S. stock markets also dropTORONTO — Canada's main stock index lost almost 300 points Tuesday in a broad-based decline led by energy and base metals, while U.S. markets also slid ahead of the central bank's upcoming interest rate decision.
Read more »
Canada's Federal Government Utilizes Artificial Intelligence in Nearly 300 ProjectsNew research reveals that Canada's federal government has employed artificial intelligence in approximately 300 projects and initiatives, including predicting tax case outcomes, processing visa applications, and promoting diversity in hiring.
Read more »
Canada's Federal Government Uses Artificial Intelligence in Nearly 300 ProjectsNew research reveals that Canada's federal government has utilized artificial intelligence in almost 300 projects, including predicting tax case outcomes, sorting visa applications, and promoting diversity in hiring.
Read more »
Canada's Federal Government Uses Artificial Intelligence in Nearly 300 ProjectsNew research reveals that Canada's federal government has utilized artificial intelligence in almost 300 projects, including predicting tax case outcomes, sorting visa applications, and promoting diversity in hiring.
Read more »
Will the Bitcoin halving help Litecoin rally 300% this summer?The crypto market turned bullish after Bitcoin’s [BTC] fourth halving, letting Litecoin [LTC] to showcase impressive performance
Read more »
Canada’s most wanted fugitive arrested in P.E.I. over Toronto homicideA man who was listed as Canada's most wanted fugitive over a homicide that occurred in Toronto last year has been arrested in the Maritimes.
Read more »