RBC Warns of US Stock Decline, Launches Tech Fund

RBC's Calvasina sees a growing risk of a 10% decline in US stocks. RBC also launched a $1.4-billion fund to invest in Canadian technology companies. A Thiel-backed start-up plans to mass-produce deep strike missiles in Europe and the US. The US Department of Energy raised its Brent oil price forecast to $91.01 per barrel.