Daily-Wrap

Macro Update:On the U.S. economic front, a report released by the Labor Department showed a modest increase in first-time claims for U.S. unemployment benefits in the week ended February 21st. The Labor Department said initial jobless claims rose to 212,000, an increase of 4,000 …

Macro Update:Geopolitical risks also remain on investors' radar as the third round of nuclear negotiations between the United States and Iran kicked off in Geneva against a backdrop of continued mistrust. Ahead of the meeting, the U.S. imposed sanctions on more than 30 individuals, …

Index Update:TheS&P/TSX CompositeIndex climbed well off its early lows and firmly into positive territory before closing up 193.88 points or 0.6 percent to 33,970.38. The index more than offset the modest decrease seen during Monday's session, reaching a new record closing high.Macro Update:In U.S. …

Macro Update:U.S. President Donald Trump reiterated he prefers a deal with Iran but warned of consequences if upcoming nuclear talks fail. On the trade front, Trump warned countries against backing away from recently negotiated trade deals, saying that he would hit them with much …

Macro Update:The strength that emerged on Bay Street came after the U.S. Supreme Court struck down most of President Donald Trump's sweeping global tariffs, delivering a major blow to the president's signature economic policy. The nation's highest court ruled in a 6-3 decision that …

Macro Update:The U.S. government will issue its first estimate of gross domestic product for the fourth quarter, a period that included the longest-ever federal government shutdown.Services PMI and personal income data will also be in the spotlight along with other reports on new home …