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Tuesday brought better results for Canadian stocks as Toronto’s main index ended positive for the first time in more than a week.
The Business Cycle Council, part of CD Howe, says that Canada is not in recession.
Blackberry was given a boost Tuesday as Morgan Stanley upgraded the Ontario smartphone and software firm.
The impact of the lower oil prices has meant an 81 per cent drop in profits at Husky Energy.
Chinese equities were lower again Tuesday with the Asian sell-off affecting most of the region’s main indexes.
The US specialty generics business of German pharmaceutical firm Boehringer Ingelheim is to be bought by Jordanian firm Hikma for $2.65 billion in cash and stock.
DuPont says that the strong dollar will hit its full-year earnings.
CNN Money’s “Fear and Greed” index shows that investors are currently extremely fearful of the market.
The trading week has started with a blow from the East as Chinese investors were spooked by weakness in the economy and opted to sell equities.