Stock market Financial News

03.11 / 04:49

cryptocurrency stock market Bitcoin Bitcoin wins boost on hope of broader trading

Bitcoin's price has risen strongly in recent weeks with the United States possibly set to allow a popular type of trading in the cryptocurrency that would further normalise the asset. A 30-percent jump since the end of August has been driven by speculation around the creation of a so-called exchange-traded fund for the asset, which would directly track the price of bitcoin. Spot bitcoin ETF would allow more of the general public to invest in the cryptocurrency without having to directly buy it. «Approval is now (a matter of) when, not if,» Charles Morris, founder of crypto analyst group ByteTree, told AFP.

18.01 / 11:27

stock market shares Capital fund Spot Price Inflows to spot bitcoin ETFs drop on second day of trading

Fund inflows to exchange traded funds (ETFs) tied to the spot price of bitcoin dropped to about $200 million on the second day of trading after attracting $629 million on their debut on Jan. 11, early estimates from J.P. Morgan showed. Eleven such ETFs, with total assets under management worth $27.9 billion, entered the U.S. stock market in a watershed moment for the cryptocurrency industry after years of regulatory tussle over investor protection. So far, ETFs by BlackRock and Fidelity have attracted the most funds at nearly $500 million and $423 million, respectively, in the first two days of trading, the brokerage estimated. However, details on fund flows from issuers such as Bitwise, Franklin and VanEck are still awaited.

27.09 / 23:39

Kraken stock market Crypto Exchange Kraken Explores Stock and ETF Trading, A First for Crypto Exchanges

San Francisco-based crypto exchange Kraken is reportedly considering a move into the stock market with the addition of stocks and exchange-traded funds (ETFs) to its trading platform, according to a Bloomberg report today.

16.09 / 07:23

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p fall S&P/TSX composite ekes out small gain Friday, U.S. markets fall

Strength in battery metals and financial stocks helped Canada’s main stock index eke out a small gain Friday, while U.S. markets fell, led by losses in tech.

05.09 / 18:43

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite down in late morning trading, U.S. stock markets mixed

Canada’s main stock index was down in late-morning trading as losses in base metals and utilities helped lead the way lower, while U.S. stock markets were mixed.

30.08 / 16:29

economy stocks stock market Money TSX tsx s&p S&P/TSX composite up in late morning trading as energy and tech stocks rise

Strength in energy and technology stocks helped Canada’s main stock index climb in late-morning trading, while U.S. stock markets also rose.

29.08 / 20:29

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p Tech and base metal stocks help S&P/TSX composite gain more than 150 points

Gains in the technology and base metal sectors helped lead a broad-based rally as Canada’s main stock index rose more than 150 points, while U.S. stock markets also pushed higher in late-morning trading.

28.08 / 19:17

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite up more than 150 points, U.S. stock markets also rise

Strength in energy stocks as the price of oil topped US$80 per barrel helped lead a broad rally on the Toronto Stock Exchange as Canada’s main stock index rose more than 150 points, while U.S. stock markets also climbed higher.

25.08 / 20:01

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite down, U.S. stock markets after Powell speech

Canada’s main stock index was down in late-morning trading, while U.S. stock markets were mixed following a speech by U.S. Federal Reserve chair Jerome Powell who said upcoming decisions on interest rates will be based on what the incoming data says about inflation and the economy.

23.08 / 19:03

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite up more than 150 points, U.S. stock markets also climb higher

Technology stocks helped lead a broad-based rally as Canada’s main stock index rose more than 150 points in late-morning trading, while U.S. stock markets also climbed higher.

22.08 / 16:51

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite down in late morning trading, U.S. stock markets mixed

Losses in the financial sector helped lead Canada’s main stock index lower in late-morning trading, while U.S. stock markets were mixed.

21.08 / 16:43

economy stocks stock market Money TSX Toronto Stock Exchange S&P/TSX composite down in late morning trading, U.S. stocks mixed

Losses in the utility, financial and telecommunications sectors weighed on the Toronto Stock Exchange in late morning trading as Canada’s main stock index moved lower, while U.S. stock markets were mixed.

17.08 / 01:25

economy stocks stock market Money stock markets TSX tsx s&p Energy sector helps keep S&P/TSX flat Wednesday, U.S. stock markets down

Strength in the energy sector helped buoy Canada’s main stock index to close flat on Wednesday while U.S. markets moved lower.

14.08 / 21:43

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite down more than 100 points, U.S. stock markets rise

Canada’s main stock index closed down more than 100 points Monday on broad-based weakness, while U.S. stock markets rose after a day of mixed trading.

11.08 / 19:13

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p index week S&P/TSX composite index inches up as week long rise levels off, U.S. markets mixed

Canada’s main stock market index crawled upward Friday morning, buoyed by energy and telecom stocks and restrained by tech and metals, while U.S. markets were mixed.

10.08 / 20:55

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p index S&P/TSX composite index keeps climbing on Thursday, U.S. markets also rise

Canada’s main stock market index posted a small gain Thursday as it continued its climb this week, helped by strength in financial, telecom and technology stocks, while U.S. markets also rose after the latest inflation report.

09.08 / 18:11

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p index S&P/TSX composite index ticks back up on Wednesday morning as U.S. markets droop

Canada’s main stock market inched upward in trading on Wednesday, rebounding slightly from the day before even as U.S. markets sagged.

08.08 / 20:27

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p index S&P/TSX composite index dips alongside U.S. markets in Tuesday morning trading

Canada’s main stock market nudged southward in late-morning trading, in line with a bigger dip in U.S. markets.

04.08 / 15:35

stock market Deal Tupperware stock jumps further after company seals debt restructuring deal

Shares of Tupperware Brands surged 53.1 per cent in premarket trading on Friday, after the kitchen storage container maker finalized a debt restructuring deal, reinvigorating individual investors’ interest in the company.

04.08 / 00:33

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p S&P/TSX composite down almost 100 points Thursday, U.S. markets also decline

Canada’s main stock index closed down almost 100 points Thursday despite strength in energy stocks, while U.S. markets also moved lower a day after rating agency Fitch downgraded the U.S. government’s credit rating from AAA to AA+.

02.08 / 16:31

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p fall S&P/TSX composite down more than 300 points in morning trading, U.S. stocks also fall

Canada’s main stock index fell in late-morning trading on Wednesday on broad-based losses as U.S. markets were also in decline.

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