Canadian and American markets both rose on Wednesday.
The Toronto Stock Exchange plunged in early trading Monday, part of a global downturn affecting markets around the world.
Well, that was fun while it lasted. For years, investors in U.S. stocks shrugged off threats—a government shutdown, fear of a euro collapse, a near U.S. debt default—and just kept on buying. At the sixth anniversary of the bull market in March, the S&P 500 index had more than tripled in value.
It’s been a tumultuous year for equity markets. A drop in oil prices has pushed down Canadian stocks while the turmoil in Greece has sent global equity markets on a roller coaster ride. Hayes Miller, North American head of asset allocation for Baring Asset Management, provided BenefitsCanada.com with his mid-year investment outlook.
A shutdown in trading at one the world's most famous exchanges raised the tension in financial markets Wednesday.
China announced a flurry of new moves Wednesday to halt a stock market slide. The result? Another big dive in share prices.
More than half (58%) of global investors believe their local stock market will post positive returns in 2015, according to a survey.
Global investors have significantly pared back U.S. equity allocations as belief grows that the U.S. Federal Reserve will raise rates in the second quarter, according to the BofA Merrill Lynch Fund Manager Survey for March.
The Ontario Securities Commission has approved the launch of a new stock exchange.
After closing for the first time above the 2,000 mark on Tuesday, a BMO Private Bank report predicts the S&P 500 is poised to hit 2,140 within the next year.