Consumer staples stocks rose in the week of the midterms, while technology shares and the broader market fell. Key Takeaways: Household and food stocks such as Clorox and Hershey lifted consumer staples to the top sector spot. Chipmakers Lumentum and Intel each lost more than 43% as the technology sector fell nearly 14%. Energy’s two […]
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For brokers, the Rates.ca data reinforces what many are already hearing at the kitchen table: clients want a fixed rate, a longer term, and no surprises. The variable conversation is worth having, but Tran cautions that it demands rigour. “For borrowers willing to take that risk, there can still be short-term savings, but they need…
As of this writing, McDonald’s (MCD +0.82%) stock sits at $270.64. The 52-week high is $341.75, so shares have given up about 21% — and they now sit just 4% from the bottom of their yearly range. That’s an unusual place to find one of the steadiest large businesses in the world, and to me,…
The benchmark price for new single-family homes in the GTA fell 8.5% year over year to $1,362,433 in July, a decline that reflects the increased supply entering the market alongside rising demand. Where condos stand Condominium apartments — covering low-, medium-, and high-rise buildings and stacked townhouses — accounted for just 237 of July’s total sales….
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The Texas Capital Texas Oil Index ETF (OILT) climbed 12.5% in July, outpacing both broad market equities and energy sector peers. During the month, the State Street SPDR S&P 500 ETF Trust (SPY) held steady, while the State Street Energy Select Sector SPDR ETF (XLE) rose 12.1% over the same period. Key Takeaways OILT outpaced…
The OCC issued two final rules in May, which took effect June 18. The first gives national banks and federal savings associations discretion over whether to pay interest or charge fees on escrow accounts. The second asserts that federal law preempts state escrow interest statutes. Fourteen states and territories currently have laws requiring such payments….