(RTTNews) - Air Canada (AC.TO) announced that Michael Rousseau has informed the Board that he will retire by the end of the third quarter of 2026. The Board stated that it will consider a number of performance criteria in assessing candidates including the ability to communicate
(RTTNews) - Air Canada (AC.TO) announced that Michael Rousseau has informed the Board that he will retire by the end of the third quarter of 2026. The Board stated that it will consider a number of performance criteria in assessing candidates including the ability to communicate
AKart Design/iStock via Getty Images Market Overview The S&P 500 Index increased by 2.66% (total return, in USD) in the fourth quarter of 2025, while the Russell 2000 Index rose by 2.21% (total return, in USD). The fourth quarter demonstrated broad resilience, as the major US indices achieved widespread gains despite softening labor market data, a record government shutdown, and increasing scrutin...
AKart Design/iStock via Getty Images Market Overview The S&P 500 Index increased by 2.66% (total return, in USD) in the fourth quarter of 2025, while the Russell 2000 Index rose by 2.21% (total return, in USD). The fourth quarter demonstrated broad resilience, as the major US indices achieved widespread gains despite softening labor market data, a record government shutdown, and increasing scrutiny of heightened artificial intelligence-related expenditures. While initial concerns regarding the sustainability of the artificial intelligence growth theme and elevated valuations led to some volatility and sector rotation, this shift broadened market leadership, further underpinned by robust corporate earnings that indicated fundamental strength. Concurrently, the Federal Open Market Committee continued its path of monetary easing, which further contributed to a broadly positive market outlook. The best performing sectors within the S&P 500 were Health Care, Communication Services, and Financials, while the worst performing sectors were Real Estate, Utilities, and Consumer Staples. For the Russell 2000, the best performing sectors were Health Care, Materials, and Communication Services, while the worst performing sectors were Consumer Staples, Information Technology, and Consumer Discretionary. Portfolio Attribution The Goldman Sachs Mid Cap Value Fund underperformed its benchmark, the Russell Midcap Value Index (net), during the quarter. The Industrials and Energy sectors contributed to returns, while the Materials and Health Care sectors detracted from returns. Western Digital Corporation ( WDC ) (1.5%) was a top contributor to relative returns during the quarter. The company is a global provider of solutions for digital content collection, storage, management, protection, and use. Western Digital Corporation's stock price rose throughout the quarter as the company benefitted from continued strong demand within its cloud segment, alongside increasing needs for artifici...
Traders beware — India is taking forceful steps to curb speculative bets against the rupee, triggering a short squeeze. Ruth Carson explains what this signals about the rupee’s strength, especially with mounting pressure from the Iran war. (Source: Bloomberg)
Traders beware — India is taking forceful steps to curb speculative bets against the rupee, triggering a short squeeze. Ruth Carson explains what this signals about the rupee’s strength, especially with mounting pressure from the Iran war. (Source: Bloomberg)
More on Economy Global Economy Faces Crossroads As Pentagon Preps Ground Assault Hormuz Situation Creates 'Strait-Line' Case For BNO Over USO Commodities: Iran Hits UAE And Bahrain Aluminum Plants Apollo warns that the US10Y is mispriced by more than 50 bps as term premium surges Oil surges as Brent nears record monthly gain following Houthi attacks on Israel *Disclaimer: Figures are approximate a...
More on Economy Global Economy Faces Crossroads As Pentagon Preps Ground Assault Hormuz Situation Creates 'Strait-Line' Case For BNO Over USO Commodities: Iran Hits UAE And Bahrain Aluminum Plants Apollo warns that the US10Y is mispriced by more than 50 bps as term premium surges Oil surges as Brent nears record monthly gain following Houthi attacks on Israel *Disclaimer: Figures are approximate and vary by source; data as of March 30, 2026.