European and Asian markets rose on Friday, tracking Wall Street gains, as China said it was considering a US offer to negotiate steep tariffs. US markets had forged higher Thursday following strong results from tech giants Microsoft and Meta that helped offset lingering economic worries. “Equity markets are largely rising this morning boosted by the … Read more
Japanese and Australian markets rose Thursday after swings on Wall Street overnight, as data pointing to a contraction in the U.S. economy in the first quarter heightened investors’ fears of a looming recession. In Japan, the Nikkei 225 hiking 406.92 points, or 1.1%, to 36,452,30. Earlier in the day, the Bank of … Read more
Stocks mostly rose Wednesday ahead of key US economic and earnings reports, while traders took in their stride data showing Chinese factory activity contracted at its fastest pace for nearly two years as Donald Trump’s trade war kicked in. While markets have recovered some of the losses suffered after the US president’s “Liberation Day” tariffs … Read more
Markets rose Tuesday following news that Donald Trump is set to let auto makers off some of his wide-ranging tariffs, boosting hopes of a less combative approach to his trade war. A month that started with the explosion of Washington’s “Liberation Day” tariffs on April 2 was on course for a more positive close as … Read more
Stocks mostly rose on Monday as investors welcomed the absence of further trade war escalation over the weekend and as countries seek to temper US President Donald Trump’s tariffs. Investors were also keeping tabs on China after President Xi Jinping and other top leaders last week discussed plans to boost consumption in the world’s number … Read more
Asian and European stocks climbed on Friday, buoyed by a rally on Wall Street, strong earnings from Google parent Alphabet, and hopes of diffusing tensions in US President Donald Trump’s trade war. US stocks rallied for a third straight session Thursday, shrugging off signs that US trade deals with China and the European Union aren’t … Read more
Stock markets in Toronto brightened considerably Thursday, with health-care issues leading the charge, as the outlook on world events improved amid hope the U.S. and China could soon forge a trade deal The TSX Composite Index surged 254.85 points, or 1.1%, to close Thursday to 24,727.53 The Canadian dollar eked higher … Read more
Stock markets were mostly lower on Thursday as China poured cold water on US President Donald Trump’s comments talking up the prospects of a deal to end their trade war. It follows a rally in markets the previous day as Trump signalled that tariffs on China could be substantially lowered and that United States would … Read more
Equities in Canada’s largest centre mimicked the big gains of their American cousins, following new developments on the tariff and trade front involving U.S. President Donald Trump. But the gains that defied gravity in the morning tailed off a bit by the closing bell, though tech and financial concerns did well. The … Read more
Advertisment Stocks surged on Wednesday on hopes that U.S.-China trade tensions could soon ease, while President Donald Trump signaled he doesn’t plan to remove Federal Reserve Chairman Jerome Powell from his post as central bank leader. The Dow Jones Industrials gained 418.54 points, or 1.1%, to 39,605.52. The S&P index climbed … Read more