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Wall Street braced on Friday for the return of an army of amateur investors to trading in GameStop and other hot stocks whose surges this week and subsequent suspension have pitched the little guy against short-selling hedge funds.
Source: ctv business
Traders return to GameStop plays as brokerages ease restrictions

GameStop’s stock is back to the races Friday, and the overall U.S. market is down again, as the saga that’s captivated and confused Wall Street ramps up the drama.
Source: ctv business
GameStop soars, and Wall Street bends under the pressure

Traders should take caution before investing in volatile stocks because regulators are watching closely, warns CTV News’ Chief Financial Commentator Pattie Lovett-Reid in her column on CTVNews.ca.
Source: ctv business
Pattie Lovett-Reid: Traders beware of investing in volatile stocks

McDonald’s ended 2020 on a strong note, recovering nearly all of the global sales lost in the pandemic despite a resurgent virus.
Source: ctv business
Strong U.S. sales give McDonald’s a boost in 4Q

Robinhood and other retail brokerages are taking steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility and an outcry from users of the platforms and some members of Congress that small investors are being treated unfairly.
Source: ctv business
Brokerages limit trading in GameStop, sparking outcry

More rental properties sat empty in 2020, especially in the Greater Toronto Area where the vacancy rate hit a 14-year high, said Canada Mortgage and Housing Corp.
Source: ctv business
CMHC: Rental vacancies, prices edged up as COVID-19 spread across Canada

Stock halts and trading platform outages disrupted markets as Canadian investors joined an internet-based frenzy and piled into stocks such as BlackBerry, GameStop and AMC Entertainment.
Source: ctv business
Banks report disruptions as traders pile into BlackBerry, GameStop shares

For 25 years, Ronnie Ehle of Brunner Manufacturing in Wisconsin has not missed a minute of work.
Source: ctv business
Wisconsin man goes 25 years without missing a minute of work

The battle between small-time traders and hedge funds that has shaken U.S. and European stock markets moved into Asia on Thursday, with surges in several Australian companies joining a list of social-media hyped moves that have cost financial institutions billions of dollars.
Source: ctv business
‘We love this stock’: GameStop effect spreads as calls for probe build

Stocks were moving sharply higher Thursday afternoon, a day after sinking to their worst loss since October.
Source: ctv business
Major indexes regain lost ground; GameStop, AMC swing wildly