Stocks open higher day after Fed decision to hold rates

into the green after Thursday's market openThis dividend stock is near 52-week highs, but still down from all-time highs, with a highly valuable P/E ratio you won't want to miss. The post 1 Magnificent Dividend Stock That’s Down 21% and Trading at a Once-in-a-Decade Valuation appeared first on The Motley Fool Canada.

OTTAWA -The Bank of Canada is getting closer to being able to start cutting interest rates from their current 23-year highs, Governor Tiff Macklem said on Wednesday. In testimony to the Senate banking committee, Macklem said inflation was coming down and Canadians wanted to know when the central bank would start cutting interest rates. Canada's annual inflation rate was 2.9% in March, a little higher than the previous month.

These three growth stocks have surged in share price in the last year and yet have proven they can keep doing it time and time again. The post 3 Roaring Stocks to Hold for the Next 20 Years appeared first on The Motley Fool Canada.These five companies offer strong returns. The post Dividend Royalty: 5 Fabulous Stocks to Buy Now for Decades of Passive Income appeared first on The Motley Fool Canada.

CP Rail is one of those great wide-moat stocks that new investors may wish to consider anytime it corrects. The post Stop Chasing Stocks: Buy This 1 for the Long Haul and Be Done With It appeared first on The Motley Fool Canada.Undervalued TSX stocks such as goeasy and Dollarama have already delivered game-changing returns to shareholders. The post 2 Undervalued Stocks I’d Buy in May appeared first on The Motley Fool Canada.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Premarket: U.S. futures steady ahead of big bank earningsEuropean stocks gain, dollar strong as traders cut Fed easing bets
Source: globeandmail - 🏆 5. / 92 Read more »

Stocks will do well as long as Fed isn't hiking: StrategistUS equities (^DJI, ^IXIC, ^GSPC) are higher intraday on Monday ahead of this week's CPI (Consumer Price Index) inflation print. JPMorgan Chase & Co. (JPM...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia stocks hesitant, dollar firms as US payrolls dent Fed rate cut wagersAsian shares started the week on a subdued note on Monday, while the dollar firmed as investors weighed when the U.S. Federal Reserve will start cutting...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Asia stocks hesitant, dollar firms as US payrolls dent Fed rate cut wagersExplore stories from Atlantic Canada.
Source: SaltWire Network - 🏆 45. / 63 Read more »

Markets today: Stocks sink as U.S. CPI shuts door on Fed June pivotWall Street traders sent stocks and bonds sliding after another hotter-than-estimated inflation report signaled the U.S. Federal Reserve will be in no rush to cut interest rates this year.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

Markets today: Stocks fall with bonds as U.S. CPI curbs Fed-pivot betsStock futures joined losses in bonds as hotter-than-estimated inflation data bolstered speculation the U.S. Federal Reserve will be in no rush to cut interest rates.
Source: BNNBloomberg - 🏆 83. / 50 Read more »