IBT Staff Reporter

20521-20550 (out of 154954)

Wall St Slips After Stronger-than-expected Inflation Data

Megacap stocks dragged U.S. stock indexes lower on Thursday after a hotter consumer prices data raised fears the Federal Reserve will act aggressively to counter inflation, while Disney jumped after posting upbeat quarterly results.

TSX Gains On Strong Energy Stocks; Canada Goose Slumps

Canada's main stock index rose on Thursday, lifted by strength in energy stocks after oil prices surged, while Brookfield Asset Management topped the index on plans to spin off its asset management unit at a $100 billion valuation.

TSX Ends Lower After Narrowly Missing Record Intraday High

Canada's main stock index fell on Thursday but not nearly as much as Wall Street, as its heavy weighting in financial and energy shares helped it better handle the prospect of aggressive Federal Reserve interest rate hikes to fight inflation.

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