S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

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TORONTO — Canada's main stock index was down in late-morning trading, weighed down by losses in the telecommunications and utility sectors, while U.S. stock ...

TORONTO — Canada's main stock index was down in late-morning trading, weighed down by losses in the telecommunications and utility sectors, while U.S. stock markets also moved lower.In New York, the Dow Jones industrial average was down 244.01 points at 39,563.36. The S&P 500 index was down 16.68 points at 5,237.67, while the Nasdaq composite was down 23.00 points at 16,356.46.The May crude oil contract was up 81 cents at US$83.

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If you're looking for income in retirement and you have concerns that you might outlive your nest egg, an annuity can be a good option. Depending on the type of annuity you buy, you could tap into an...TORONTO — Five things to watch for in the Canadian business world in the coming week: Outlook survey The Bank of Canada will release its latest business outlook survey and Canadian survey of consumer expectations on Monday.

America will be left with ‘severe, irreversible scars’ if national debt goes unchecked. Now, a blockbuster report warns the bill is higher than believed, hitting $141tn by 2054Ramit Sethi: 4 Unexpected Skills You Must Have To Get Rich Ramit Sethi knows what it takes to get rich. He wrote a New York Times bestseller on the subject and runs a financial advice blog with a million readers every month. He also has a net worth of over $7...Canada's main stock index traded flat on Monday, just below all-time highs, as gains in mining stocks were eclipsed by declines in communication services sector, while the latest U.S. inflation print kept the bets of a June interest rate cut on the table. At 10:13 a.m.

 

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