Latest News
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AI explanation on today’s TSX sell-off (June 5)
The TSX sell-off today appears to be driven mainly by broad risk-off selling, not one isolated Canadian factor. Bottom line: Today’s TSX decline looks like a macro-driven sell-off: higher rate fears + U.S. equity weakness…
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June 5/TSX: Stock selloff accelerates as strong jobs reports boost odds for rate hikes
Wall Street tumbled on Friday as semiconductors extended their selloff while a robust employment report fueled fears of a hawkish policy pivot from the Federal Reserve. It was a similar case for Bay Street, where…
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Oil prices fall after Oman says Mina al Fahal operations proceeding normally
Published Thu, Jun 4 202611:46 PM EDT Oil prices fell on Friday, after Oman said operations at its Mina al Fahal port were proceeding normally, following a Reuters report of disruption after an explosion. Petroleum…
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U.S. labour market shows resilience despite Iran war, adding 172,000 jobs in May
The American job market continues to show surprising strength, shrugging off the high costs of the Iran war. Employers added 172,000 jobs in May – roughly double what forecasters had expected – and the unemployment…
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Canada adds 87,800 jobs in May, jobless rate falls to 6.6%, beating estimates
Canada’s economy added 87,800 jobs and the unemployment rate fell to 6.6% in May, data showed on Friday, defying widespread expectations of only modest employment growth and showing some resilience despite signs of softer economic…
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June 5/26: TSX Sell -Off
The TSX decline today appears driven by three main factors: Bottom line: Today’s TSX drop is mainly a macro + sector rotation decline: stronger economic data → higher-rate fears → valuation pressure, amplified by weakness…
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How Warsh Could Sink Inflation And Stocks
Kevin Warsh, the former Fed Governor recently confirmed as Federal Reserve Chair (as of mid-2026), is known for hawkish leanings on inflation control. His approach could aggressively target inflation but risk pressuring stock valuations, especially…
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Elon Musk’s net worth poised to sail past $1 trillion in SpaceX IPO
The world’s richest person is on the doorstep of trillionaire status. SpaceX CEO Elon Musk owns a stake in his reusable rocket maker that’s worth $866.5 billion on paper, according to the company’s updated IPO prospectus published on Wednesday.…
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US June 4 @ 12 Noon EDT: Dow jumps 900 points, Nasdaq slides as investors rotate out of chip stocks for banks, retail
The Dow Jones Industrial Average rallied to a fresh record high on Thursday, while the Nasdaq Composite fell as investors appeared to rotate out of chip names in favor of non-tech stocks. The 30-stock Dow jumped 911 points, or…