A.M. market numbers for February 2, 2010

By Staff | January 25, 2010 | Last updated on January 25, 2010
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market looked set to build on the strong gains of the previous session on Tuesday as commodity prices advanced amid rising hopes for the American economy.

The Canadian dollar moved up 0.39 of a cent to 94.52 cents US.

U.S. futures also pointed to a higher open with the Dow Jones industrial futures up 24 points to 10,161. The Nasdaq futures gained 3.5 points to 1,759.25 and the S&P 500 futures gained 4.1 points to 1,090.4.

The March crude contract on the New York Mercantile Exchange climbed 82 cents to US$75.25 a barrel.

Bullion prices also made headway with the February gold contract on the Nymex up $8.90 to US$1,113.20 an ounce. The March copper contract added three cents to US$3.12 a pound.

Stock markets made sharp gains on Monday in the wake of a buoyant manufacturing survey from the Institute for Supply Management. The main TSX index surged 218 points while the Dow industrials ran ahead 118 points.

But investors are cautious ahead of the release of the January U.S. nonfarm payrolls report. Weekly jobless insurance claims have risen for the last three weeks. Investors have been expecting a slight gain in job growth.

On Tuesday, the National Association of Realtors is expected to say its index of pending home sales rose in December. Economists polled by Thomson Reuters predict the index rose to 97.1 in December from 96 in November. The index, which measures sales contracts signed, is a key barometer of sales that will close in March and April.

(The Canadian Press)

North American markets Back to Top
Open Change YTD
Dow Jones 10,174.95 +107.62 or +1.07% -2.43%
S&P 500 1,087.52 +13.65 or +1.27% -2.47%
NASDAQ 2,167.57 +20.22 or +0.94% -4.48%
TSX Composite 11,304.99 +210.68 or +1.90% -3.76%

International markets Back to Top
Open Change YTD
Nikkei 10,371.09 +166.07 or +1.63% -1.66
Hang Seng 20,272.18 +28.43 or +0.14% -7.32
SENSEX 16,163.44 -192.59 or -1.18% -7.45
FTSE 100 5,259.13 +11.72 or +0.22% -2.84
CAC 40 3,784.65 +22.64 or +0.60% -3.85
DAX 5,682.29 +27.81 or +0.49% -4.62

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 102.95 103.31 3.38
Cdn. 30-year bond 116.93 117.70 3.98
U.S. 10-year bond 97.75 97.68 3.65
U.S. 30-year bond 96.88 96.81 4.57

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9460 0.9413
US $ 1.0571 1.0623

Euro Spot Rate Today Previous
Canadian $ 0.6760 0.6759
Euro 1.4793 1.4794

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1,114.00 $1,082.00

Oil Open Change
WTI Crude Future (US) $75.21 +$0.78 or +1.05%

(02/2/10)

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.