Financial markets
Market analysts attribute the decline in Canadian and US bond prices, leading to a negative impact on the stock markets in New York and Toronto. The New York Dow Jones industrial average fell 12.61 points to 3,755.91, while the Toronto Stock Exchange composite index closed off 16.
Financial markets
The Canadian bond market showed signs of improvement as prices rose for the second day in a row, attributed to a strengthening Canadian dollar and improving market sentiment. Traders pushed prices 25 to 70 cents higher, with some bonds increasing by as much as 60 cents. The 8-per-cent Canada bond
Financial markets
Global stock markets ended the session with mixed results, as inflation worries and economic recovery hopes took center stage. The UK and US purchasing managers' surveys stoked inflation concerns, leading to losses in London and Paris shares. However, Frankfurt shares initially gained before being halted by bond market weakness.
Financial markets
Global stock markets experienced mixed trading sessions, as investors' concerns about interest rates continued to weigh on the market. The London stock market saw a minor rebound after a substantial downturn in the past few days, while European markets, including the Amsterdam and Paris exchanges, fell due to renewed
Financial markets
The stock market continued its wobbly path yesterday, with the Dow Jones industrial average rising 10.13 points to 3,755.30, the Standard & Poor's 500 increasing 1.53 points to 456.34, and the Nasdaq composite index rising 0.60 point to 732.07. Despite brisk
Financial markets
The stock market saw an anemic rise yesterday, with the Dow Jones industrial average increasing by 2.76 points to 3,745.17. The broader Standard & Poor's 500 also rose, increasing by 1.61 points to 454.81. The smaller-company Nasdaq composite index rose 6.52 points
Financial markets
The Canadian bond market had a tranquil session on May 18, 1994, with bond prices showing minimal movement and few significant gains or losses. In contrast, the market had been marked by significant price increases the previous day, with some bond prices rising as high as $1.90. Yesterday'
Financial markets
The recent Ontario budget and the decision of Standard & Poor's Corp. to maintain the province's credit rating have led to a shift in sentiment among investors, causing Canadian bonds and treasury bills to rally. This, combined with the dollar's gain in value, has
Financial markets
As the U.S. Federal Reserve Board's plans to raise interest rates sparked market nervousness, global stock markets displayed a mixed reaction. London and Paris shares closed with minor losses, while Tokyo stocks ended lower after sluggish trading. Meanwhile, Frankfurt stocks closed sharply lower due to the general
Financial markets
The Federal Reserve is bracing for its fourth interest rate hike in four months, but the central bank's plan to contain inflation is being disrupted by turbulent markets, economists warn. A spectacular rise in long-term interest rates on Friday and a sagging dollar in international trading have raised
Financial markets
The US economy generated 267,000 new jobs in April, far exceeding economists' expectations and showing significant recovery from the harsh winter weather that had slowed down the job market. The employment report, released by the Labor Department, also revealed that the unemployment rate dropped to 6.4 percent,
Financial markets
North American financial markets are experiencing a surge in jitters over U.S. inflation, leading to increased interest rates and raising fears that Canadian prime and mortgage rates may climb soon. The upward pressure on treasury bill rates is expected to push the Bank of Canada rate up by about
