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Tag: Markets

North American markets rally on corporate earnings, eased geopolitical tensions
Global News

North American markets rally on corporate earnings, eased geopolitical tensions

By Staff The Canadian Press Posted August 3, 2022 4:40 pm Smaller font Descrease article font size -A Larger font Increase article font size A+ North American markets rallied Wednesday against the backdrop of another day of strong corporate earnings as well as easing investor anxiety about U.S.-China relations. The S&P/TSX composite index was up 40.61 points at 19,545.94.In New York, the Dow Jones industrial average was up 416.33 points at 32,810.50. The S&P 500 index was up 63.98 points at 4,155.17, while the Nasdaq composite was up 319.40 points at 12,668.16. ...
Bausch Health Stock Halted After Patent Ruling. What Happens Next.
Health

Bausch Health Stock Halted After Patent Ruling. What Happens Next.

Text size Bausch Health stock was on pace for its lowest close since November 1995. Timothy Fadek/Bloomberg A federal court ruling has dealt a blow to Bausch Health by appearing to clear the way for generic competition for the company’s drug Xifaxan. Bausch Health stock (ticker: BHC) plummeted more than 50% Thursday ...