By Anna Hirtenstein U.S. stocks edged higher Tuesday, suggesting markets will take a breather after a bout of volatility in both shares and bonds. The S&P 500 was flat in early trading after it surged on Monday in its best day since June. The Nasdaq Composite Index was down less than 0.1%, while the Dow Jones Industrial Average ticked 0.1% higher. Investors say their focus is squarely on central bank officials for cues on how monetary policy may shift down the road. That will determine their appetite for government bonds and for inflation-adjusted returns. A flood of easy money by the Federal Reserve since the pandemic hit last spring has helped subdue returns on bonds and fueled a rally in stock markets for much of the past year.
The Canadian dollar rose by the most in nearly six weeks against the greenback on Monday as pressure on stocks due to the recent jump in bond yields faded and data showed narrowing in Canada s. | March 6, 2021
The Canadian dollar weakened against its U.S. counterpart on Tuesday as a jump in U.S. Treasury yields weighed on risk appetite, with the loonie pulling back from its strongest level in nearly. | February 20, 2021