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Browsing Category "financial markets"
S&P/TSX Plunges Over 200 Points as Debt Worries Send U.S. Markets Tumbling
Canada’s main stock index took its biggest tumble in nearly six weeks on Wednesday, while American markets fell even harder under pressure from rising... Read More
Ringing the Changes: TSX Dips as U.S. Tax Bill Approaches
Canada’s primary stock index retreated from its all-time peak on Wednesday, with investors remaining wary due to continuous trade negotiations and discussions about significant... Read More
Toronto Stocks Tumble as Bond Yields Rise, Ending Win Streak
By Fergal Smith – Canada’s primary stock index retreated from an all-time peak on Wednesday due to rising long-term interest rates and as investors... Read More
TSX Soars to Record Highs: Discover the Best Buys Right Now
On Friday, the Toronto Stock Exchange (TSX) reached an unprecedented peak. The index stood at 25,992 points that day, marginally surpassing the record previously... Read More
Wall Street Plummets as Treasury Yields Surge and US Debt Fears Grow
NEW YORK (AP) — On Wednesday, Wall Street saw a downturn due to pressures from the bond market, with Treasury yields rising over concerns... Read More
Wall Street Stocks Plunge: Fears Grow Over U.S. Debt Crisis
By Chibuike Oguh NEW YORK () – U.S. stocks ended significantly lower on Wednesday due to a surge in Treasury yields, fueled by concerns... Read More
CPP Fund CEO: No Plans to Reduce U.S. Exposure Despite Market ‘Wild Ride’
The chief executive of CPP Investments states he has no intentions to decrease the portfolio’s investment share in the United States even with the... Read More
Dollar Plunges as Moody’s Downgrades U.S. Credit Rating
1717 ET – Treasury yield rise and dollar weakens after Moody’s cuts the U.S.’s long-term issuer and senior unsecured ratings to Aa1 from Aaa,... Read More
Dick’s Sporting Goods Buys Foot Locker for $2.4 Billion: A Game-Changer in Sports Retail
Dick’s Sporting Goods has officially announced its takeover of Foot Locker In a transaction valued at $2.4 billion, the sports apparel and shoe industry... Read More
Freedom Holding Soars Past $10 Billion Market Value
This week, Freedom Holding Corp., which owns Freedom24, declared that its market capitalization had surpassed the $10 billion mark. As stated in the announcement,... Read More