Equities Global stocks were mixed on Wednesday as investors assessed the tenuous Middle East ceasefire and turned attention back to the U.S. economy. Wall Street futures were subdued after the previous day’s rally. TSX futures were flat. In Canada, investors are getting results from Alimentation Couche-Tard Inc., Evertz Technologies Ltd., AGF Management Ltd. and Novagold…
The stock market often closes on federal holidays, but not all. So some people who trade stocks and bonds may not be aware of which holidays it observes. That’s especially true for Juneteenth being a newer holiday and some states, like New Jersey, celebrating on days other than June 19. If you’re hoping to trade…
New World Development Co.’s financial distress is creating angst just as Hong Kong is starting to regain its feet. The real estate developer’s systemic importance is of great concern to residents, policymakers and investors alike. Property fire sales at New World could drag down home prices further, while a potential default will impair banks’ loan…
Hong Kong Debuts Islamic Bond ETF As part of ongoing efforts to strengthen Middle Eastern links, Hong Kong has launched its first-ever Islamic bond ETF. Hong Kong has listed its first-ever Islamic bond – also known as sukuk – exchange-traded fund (ETF), according to a statement by the Securities and Futures Commission (SFC). «Strengthening collaboration…
Guotai Junan International (GTJAI) plans to issue various types of tokenized securities in Hong Kong. The company is a subsidiary of Guotai Haitong Group, China’s largest securities brokerage, which is State-backed. The company aims to use DLT for issuance, trading and custody as well as to enable greater personalization for wealth management products. Given its…
In this turbulent market, it pays to have a diversified portfolio, according to Morningstar. The financial services firm looked at the performance of different portfolio allocations over the years and found that in 2025 so far, its diversified portfolio has outperformed a “plain vanilla” split of 60% U.S. stocks and 40% high-quality U.S. bonds, as…
Stock markets are a bit lost as we move towards Thursday. Concerns that earnings data is weak for Q1 in Europe and the US, a delay in US and China trade negotiations, and delays to a Ukraine and Russia peace deal are also hurting overall sentiment. VIX remains stable, which suggests ‘bumpy recovery’ ahead European…
The yield on the 10-year Treasury declined on Wednesday after U.S. President Donald Trump backtracked on comments he made about firing Federal Reserve Chairman Jerome Powell. At 4:35 a.m. ET, the 10-year Treasury yield was 4 basis points lower at 4.346%. The 2-year Treasury yield was 3 basis points higher at 3.819%. One basis point equals 0.01%…
Dow Jones falls more than 500 points Dow Jones falls more than 500 points, fueled by UnitedHealth tumble 03:22 The stock market will be closed on April 18 in observance of Good Friday. Both the New York Stock Exchange and the Nasdaq will pause operations for the religious holiday. Trading will resume on Monday, April…
U.S. Treasury yields rose on Thursday as investors weighed the state of the U.S. economy after Federal Reserve Chairman Jerome Powell raised concerns about the inflationary and economic growth risks of the White House’s tariffs. At 3:55 a.m. ET, the benchmark 10-year Treasury yield rose around 4 basis point to 4.319%. The 2-year Treasury yield was up over…