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Toronto Stocks Modestly Higher After Bank of Canada Holds Fire on Rates
In Wednesday trading, the Toronto Stock Exchange's S&P/TSX Composite Index was 0.3% higher at 24152.68 and on track for a fourth straight session of gains. Mining and energy stocks led a broad advance ...
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Stocks sharply lower after escalating U.S.-China trade war sinks tech
U.S. stocks were sharply lower after midday, with tech weighing on the market after the Trump administration moved to restrict sales of Nvidia Corp. chips to China and chip-technology provider ASML ...
Ford's China Business Made $900M in 2024, Ahead of New Tariffs
Ford Motor's China business brought in $900 million in earnings before interest and taxes last year, the carmaker said at an industry summit after the Trump administration recently hiked tariffs on ...
Fitch sharply downgrades global growth forecasts on escalating trade war
Fitch Ratings is citing a severe escalation in the global trade war as the reason for its decision to sharply lower its forecasts for world growth this year. In a statement on Wednesday, Fitch said U.
Benchmark Mineral Intelligence EV Battery Metal Prices
Battery / EV Metals Price BMI Lithium Carbonate, EXW China, >=99.2% Li2CO3 9,725 BMI Lithium Hydroxide, EXW China, >=56.5% LiOH 9,375 BMI Cobalt Sulphate, EXW China, >20.5% Co 6,645 BMI Nickel ...
Oil taps highest price in nearly a week with U.S. supplies up less than expected
U.S. benchmark oil futures touched their highest level in nearly a week and energy stocks were a rare bright spot on Wall Street after the Energy Information Administration reported a ...
Builders expect tariffs to increase costs by nearly $11,000, but they’re slashing home prices. Here’s why.
Builder sentiment rose slightly but remains in negative territory, the National Association of Home Builders said.
Travelers takes a hit from California wildfires but still surprises with profit upside
The Travelers Cos. Inc.’s stock rose 4.6% early Wednesday, after the property & casualty insurer’s fiscal first-quarter ...
Bank of Canada holds rates steady after seven straight cuts as it assesses tariff fallout
The Bank of Canada hit the pause button Wednesday, leaving its benchmark interest rate unchanged at 2.75% after delivering a series of seven straight cuts. Policymakers said they wanted to assess how ...
Gold climbs to new heights above $3,300 an ounce, up 26% year to date
Gold futures climbed to a fresh intraday record high on Wednesday at $3,336 an ounce on Comex, with strength in the precious ...
Manufacturing rose for fifth straight month in March, but economists see tough times ahead
Industrial production fell 0.3% in March, dragged down by a steep drop in utility output, the Federal Reserve reported Wednesday. The decline in industrial output in March was bigger than the expected ...