Canada's main stock index achieved another record high close Friday, after also hitting an all-time intraday record thanks to growing investor optimism about future interest rate cuts.
Canada's main stock index achieved another record high close Friday, after also hitting an all-time intraday record thanks to growing investor optimism about future interest rate cuts.
"One would have maybe thought that would have put a little bit of water on the fire, but I think investors looked past the Producer Price Index and took a bigger step back as generally, the inflation data is moving in the right direction," Nia said.In New York, the Dow Jones industrial average was up 247.15 points at 40,000.90. The S&P 500 index was up 30.81 points at 5,615.35, while the Nasdaq composite was up 115.04 points at 18,398.45.
"If Jerome Powell comes out of the blue and becomes more hawkish and the markets start pricing out Fed cuts this year, that will definitely lead to near-term negativity ," Nia said. Police north of Toronto have released dramatic video of a car chase that led officers across York Region in pursuit of a Lamborghini SUV that was clocked at speeds in excess of 200 km/h.Meta announced Friday that it would remove restrictions placed on former President Donald Trump’s Facebook and Instagram accounts ahead of the Republican National Convention next week.
When the $55-million Lotto Max jackpot they won was finally deposited in their bank account, Laurene Shail and Doltan Hawk couldn't help but be overcome by emotions and hug each other.Buckingham Palace’s famous balcony room, where the monarch and other members of the Royal Family gather on special occasions before waving at cheering crowds in the streets below, is opening to the public for the first time.
'Tears come to my eyes': Track star and family granted extension to stay in Canada after deportation orderWould-be homebuyers who backed out of a deal to purchase a B.C. property in a hot real estate market have been ordered to pay the seller the difference between what they offered and what he was able to sell the home for when the market cooled.
The Quebec Human Rights Commission is seeking $13,000 for the family of a 12-year-old girl who was kicked out of her karate class for wearing a hijab.The situation at the McGill University Health Centre in Montreal is slowly resolving after a major aqueduct failure caused a reduction in water pressure at the superhospital.Pepper spray and tear gas were used as pro-Palestinian protesters and Montreal police clashed during a march one day after the McGill University encampment was taken down.
The mayor of a Manitoba city is keeping a close eye on a fire that is encroaching on several communities.A scheduled hearing from the Government of Saskatchewan to stop the Canada Revenue Agency from collecting carbon levy money was cancelled on Friday.Lumsden RCMP are asking the public for tips after a woman was reportedly sexually assaulted at Country Thunder on Friday.
Three days after a 4-year-old boy's body was pulled from a southwest Louisiana lake, and two days after the child's 1-year-old brother was rescued while crawling beside an interstate highway, Louisiana authorities announced a murder charge against the children's mother.'It's insane': Residents wake to crashed cars and police takedown on quiet Huron County street
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