S&P/TSX composite ends more than 400 points lower, U.S. stock markets also fall
Markets in Toronto and New York retreated on Friday as rising global oil prices and fears of higher inflation shook the global bond market.
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Stock markets worldwide drop from records as worries about oil prices rattle the bond market
The U.S. stock market fell from its records Friday and joined a worldwide drop for stocks after higher oil prices sent a shiver through the bond market. Stocks that had been caught up in the euphoria around artificial-intelligence technology led the way lower.
Eric Nuttall’s Top Picks for May 15, 2026
Top Picks from Eric Nuttall, Partner & Senior Portfolio Manager at Ninepoint Partners
India raises fuel prices as global energy crisis adds pressure on economy
India raised fuel prices by three rupees (US$0.03) per litre Friday as the government moved to offset losses due to higher global oil prices.
New Mexico politicians grapple with oil windfall from Iran war that's both 'awesome' and awkward
The global oil bottleneck in the Strait of Hormuz has generated an enviable — and politically sensitive — financial windfall on the other side of the world in New Mexico, a rare Democratic-dominated state where fossil fuels are a bedrock of progressive social services.
Cisco leads Wall Street to more records and the Dow back to 50,000
The U.S. stock market rose to more records Thursday after Cisco Systems joined the parade of U.S. companies reporting fatter profits for the start of 2026 than analysts expected.
Stan Wong’s Top Picks for May 14, 2026
Top Picks from Stan Wong, Portfolio Manager at Scotia Wealth Management
Tech carries Wall Street to records, even as most stocks fall after discouraging inflation data
A rebound for technology stocks led Wall Street to records Wednesday, even though the majority of U.S. stocks fell following another discouraging update on inflation.
Nicholas Mersch’s Top Picks for May 13, 2026
Top Picks from Nicholas Mersch, Portfolio Manager, Purpose Investments
‘Proudly Canadian:’ A US$18.5B merger to become second-largest gold producer
Equinox Gold Corp. announced it is buying Orla Mining Ltd. in a cash and stock deal valued at US$5.1 billion.
Wall Street’s record-setting run halts as AI stocks slump and oil prices rise
A sudden halt for technology stocks put the brakes on Wall Street’s record-setting run Tuesday.
Christine Poole’s Top Picks for May 12, 2026
Top Picks from Christine Poole, President and Co-Chief Investment Officer, Davis Rea
Shipping industry fears fuel shortages as Iran war squeezes bunker fuel supply
Ship operators rely on a sludgelike substance known as bunker fuel to keep vessels running. The Iran war ‘s closure of the Strait of Hormuz has choked off the supply of this fuel that powers the global maritime industry and its largest refueling hub in Asia.
Oil prices rise as the Iran war drags on, but U.S. stocks inch to more records
Oil prices rose Monday as the war with Iran threatens to drag on for longer, but the U.S. stock market nevertheless inched toward more records.
Ernest Wong’s Top Picks for May 11, 2026
Top Picks from Ernest Wong, Head of Research and Portfolio Manager, Baskin Wealth Management
U.S. stocks rise to records after a solid jobs report overshadows higher oil prices
The U.S. stock market rose to records Friday following the latest sign that the nation’s job market is doing better than economists expected.