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TORONTO — The Canada Pension Plan Investment Board says it has sold a portfolio of 25 private equity fund interests in North American and European buyout funds for $1.2 billion in net proceeds.The board says the buyers are Ares Management Private Equity Secondaries funds and CVC Secondary Partners, the secondaries business of CVC.Ares is a global alternative investment manager, while CVC is a global private markets manager focused on private equity, secondaries, credit and infrastructure.The portfolio sold included primary commitments and secondary purchases made by CPP Investments in funds over...

Stock market uncertainty from President Donald Trump’s tariffs has even casual investors anxiously watching the VIX, commonly called Wall Street’s panic index or fear gauge.The Chicago Board Options Exchange Volatility Index – known as VIX – measures market expectations of stock price changes over the next 30 days, according to Cboe Global Markets, which manages the index.Investors use it to anticipate how stocks will react in stressful economic times, including those caused by tariffs. If VIX activity goes up, the stock market will probably go down.On April 7, the index...

Currency volatility across the region has jumped ever since the larger-than-expected new US tariffs were announced last week. (EPA Images pic) BEIJING: President Donald Trump’s US tariff whiplash and the Chinese yuan’s trajectory will likely keep Asian currency volatility elevated. Currency volatility across the region has jumped ever since the larger-than-expected new US tariffs were announced last week, while foreign currency options signal increased bearishness. Concerns over economic growth have also driven more aggressive bets that regional central banks will cut interest rates. Uncertainty could remain high, even as Trump...

President Donald Trump said Wednesday he will pause reciprocal tariffs for 90 days to more than 75 U.S. trading partners except for China, whose tariff rate he said will increase to 125%, effective immediately.U.S. markets reacted favorably, surging higher in afternoon trading. The Dow gained nearly 3,000 points and the S&P 500 rose 474. The Nasdaq rose more than 1,800.Trump's decision is the latest is a series of market-wrenching moves that have taken place since the president announced a series of tariffs on April 2. Stock market declines and a...

Today’s live coverage has ended. Read what you missed below and follow the latest updates on President Donald Trump and his administration.Stocks surged to one of their biggest gains since World War II after President Donald Trump paused his tariffs against most other nations, as investors had desperately hoped he would. Trump, though, did raise tariffs further on China.The S&P 500 soared 9.5%, though the index is still below where it was when Trump announced his sweeping set of tariffs last week. The Dow Jones Industrial Average flew nearly 3,000...

4-minute readPresident Trump calls tariffs 'medicine' as stock market plungesPresident Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge.The worst market crash was seen in 1929 and led to the Great Depression. It was caused by speculative investments, excessive debt and banking system weakness.The Dot-Com Bubble collapse caused a global financial crisis from 2007 to 2009.COVID-19 caused a sharp and rapid decline in the market, but it also was short-lived and regarded as one of the shortest plunges in history.The U.S....

Keeping a cool head can be pivotal amid market turmoilPresident Trump calls tariffs 'medicine' as stock market plungesPresident Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge.Have you checked your 401k balance since President Donald Trump announced widespread tariffs last week on what he called “Liberation Day”?Chances are, it’s down — maybe way down.The markets have lost more than $11 trillion since Trump’s inauguration and more than half of that happened on Thursday and Friday, according to global investment research company...

President Donald Trump's tariff plan is making stock market history — and Wall Street is reeling.The president's latest and most aggressive round of tariffs has fueled the worst market sell-off since 2020, leaving Wall Street on edge as concerns swirl over the economic impact of the tariffs and the growing possibility of a recession in 2025.Stocks extended their losses on Monday, with all three benchmark indexes diving into the red and the S&P 500 briefly entering a bear market as Trump doubled down on his resolve to lower the trade...

President Trump calls tariffs 'medicine' as stock market plungesPresident Donald Trump spent the weekend at a golf tournament in Florida as the stock market continued to plunge.The mass tariffs President Donald Trump announced last week sent the stock market tumbling.The S&P 500 and Nasdaq are now in a bear market.Economist and financial institutions are even more concerned about the possibility of a recession in the U.S.President Donald Trump's mass tariffs have sent the stock market tumbling in recent days and has sparked vocal concerns from economists and financial institutions over...

Wall Street’s main benchmark, the S&P 500, has lost more than 16 percent since setting an all-time high on Feb. 19, mostly because of worries about President Donald Trump’s tariffs.Any kind of uncertainty around the economy will give Wall Street pause, but the trade war is making it more difficult for companies, households and others to feel confident enough to invest, spend and make long-term plans.The tariffs announced on “Liberation Day” sent stocks reeling to their worst day since since the COVID crash of 2020 because they were much harsher...