S&P/TSX composite slides more than 100 points, U.S. markets hit new highs
Oil prices climbed, showing that caution still remains in financial markets
- By: Daniel Johnson, The Canadian Press
- April 16, 2026 April 16, 2026
- 16:57
Oil prices climbed, showing that caution still remains in financial markets
Its economy grew 1.3% compared to Q4 2025, the fastest pace in a year
The association expects a total of 474,972 residential properties to be sold this year
U.S. stocks have leaped more than 10% since hitting a low in late March
Much of the rally is due to expectations for calming tensions in the U.S.-Israeli war on Iran
In finance, insurance, real estate and leasing, business exits have outpaced starts since mid-2023
High earners feeling the effects, but have more capacity to absorb rising costs
Hopes were high Wednesday that the U.S.-Israeli war on Iran could end
The increase came as sales rose in 12 of the 21 subsectors Statistics Canada tracks
Tech stocks helped drive the overall S&P/TSX composite index higher on Tuesday
Producer price index up 0.5% from February and 4% from March 2025
Software firms rallied for a second day, recovering more of their losses from earlier this year
Forecasts global inflation this year at 4.4%, up from 4.1% in 2025
Impact of Iran war could slow economic growth
Technology sector leads gains on the TSX
Investors had expected oil to bottom out around US$60 a barrel this year — now the war in Iran is expected to have a lasting…
While many Canadians are doing OK, those who are struggling are falling farther behind
Wall Street hopeful as broader ceasefire appears to be holding
The May crude oil contract dropped US$1.30 to US$96.57 per barrel
Current challenge deals with levies imposed under the Trade Act of 1974
Cheap funding, central bank support, rosy AI forecasts, FOMO and more have kept market valuations elevated — that won’t last forever
Consumer prices rose 3.3%, up from 2.4% in February