Stocks closed lower on Friday after CNBC reported that trade talks between China and the U.S. have stalled.
Stocks rose as sentiment was boosted by strong earnings from Walmart and Cisco Systems while banks climbed on higher rates.
Stocks rose on Wednesday on news that President Donald Trump plans to delay the implementation of auto tariffs.
The sell-off this week continued on Wall Street Thursday, as new tariffs on Chinese goods are set to go into effect at midnight.
Markets & Economics
Homeowners are taking advantage of lower interest rates, rushing to refinance th...
St. Louis Federal Reserve President James Bullard expressed optimism that the Un...
The economist thinks the Fed ought to pay more attention to financial markets wh...
Sales of existing U.S. homes fell 0.4% in April compared with March to a seasona...
The number of mortgage loans in Canada grew at a slower pace in the fourth quarter as housing activity cooled, according to a new report from the Canadian Mortgage and Housing Corporation, but the value of all mortgages is still rising.
Federal Reserve officials at their recent meeting believed the central bank could remain "patient" in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed.
China must prepare for difficult times as the international situation is increasingly complex, President Xi Jinping said in comments carried by state media on Wednesday, as the country faces increased tariffs in a bitter trade war with Washington.
For the first time, Canadians can legally grow cannabis in their gardens or outdoor planters this spring in every province except Quebec and Manitoba. Homegrown weed is a money-saver, and not difficult. But there are challenges, including that not every province has a good supply of seeds.
Canada plans to build up to 18 new coast guard ships at a cost of $15.7 billion in an effort to renew Canada's Coast Guard fleet, Prime Minister Justin Trudeau announced Wednesday.
Statistics Canada says retail sales rose 1.1 per cent to $51.3 billion in March boosted by higher gas prices and sales of building materials, garden equipment and supplies.