Stocks Little Changed as Inflation Worries Increase

Stocks were little changed Monday as traders grappled with rising inflation expectations ahead of key reports due later in the week.The Dow Jones Industrials dropped 81.33 points to 39,431.51. The S&P 500 weakened 1.26 points to 5,221.42. The NASDAQ gained 47.37 points to 16,388.24.The 30-stock Dow was coming off its best weekly performance of 2024, rising more than 2% last week. The S&P 500 and NASDAQ climbed more than 1% each during that period.A New York Federal Reserve survey showed consumers last month increased their expectations for price increases in both the near and long term. On a…

TSX Investors Take Profits Monday

Equities in Toronto worked their way down Monday from the dizzy heights of last week, when indexes scaled heights not seen for some time. The TSX Composite Index dropped 49.76 points to close at 22,259.17. The Canadian dollar eked ahead 0.06 cents at 73.15 cents U.S. Gold led most stocks downward particularly, New Gold, sliding $1.12, or 4.5%, to $2.55, while OceanaGold dipped 16 cents, or 5%, to $3.04. Materials also got bruised, with K92 Mining descending 33 cents, or 4.1%, to $7.69, while Osisko Mining gave back 14 cents, or 4.5%, to $2.97. Utilities were also in the red, with units of…

Kelowna Snowmobile Club, RCMP are looking for stolen sled

Kelowna RCMP are looking for a snowmobile that was stolen from the Joe Rich area.The Kelowna Snowmobile Club tells Castanet they had a 2019 Tundra Sport Ski-Doo 550 snowmobile stolen from their storage facility in the Goudie Road area overnight Sunday or Monday morning."Unfortunately so…