A.M. Market numbers: Tuesday, July 28, 2009

By Staff | July 28, 2009 | Last updated on July 28, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

North American markets appeared headed for a lower open on Tuesday as investors seemed in a cautious mood following a huge two-week rally.

Markets in Toronto and New York are waiting for a stream of earnings reports over the next three days.

Rogers Communications Inc. (TSX:RCI.B) filed its financial results early Tuesday, beating expectations with a profit of $374 million or 59 cents per share.

Later in the day, U.S. investors will get a read on home prices and consumer confidence.

The Conference Board’s consumer confidence report is due at 10 a.m. EDT and is expected to show Americans remain worried about current economic conditions and the continued rise in unemployment. Consumers are critical to the economic recovery because their spending accounts for more than two-thirds of all economic activity.

Economists project a July reading of 49 for the Conference Board’s Consumer Confidence index.

Ahead of Tuesday’s market open, Dow Jones industrial average futures fell 29 points, or 0.3%, to 9,041. Standard & Poor’s 500 index futures declined 4.00, or 0.4%, to 975.90, while Nasdaq 100 index futures declined 5.00, or 0.3%, to 1,594.50.

The Canadian dollar opened at 92.70 cents US, up 0.2 of a cent from Monday’s close.

Light, sweet crude for September delivery rose up 15 cents, fetching US$68.53 a barrel by noon in European electronic trading on the New York Mercantile Exchange.

Overseas, Japan’s Nikkei stock average fell 0.01% while Hong Kong’s Hang Seng index moved up 1.9%. In afternoon trading, Britain’s FTSE 100 declined 0.2%, Germany’s DAX index rose 0.1%, and France’s CAC-40 gained 0.3%.

(The Canadian Press)

North American markets Back to Top
Dow Jones 9,108.51 +15.27 or +0.17% +3.78%
S&P 500 982.18 +2.92 or +0.30% +8.74%
NASDAQ 1,967.89 +1.93 or +0.10% +24.78%
TSX Composite 10,757.43 +69.53 or +0.65% +19.69%

International markets Back to Top
Open Change YTD
Nikkei 10,087.26 -1.40 or -0.01% +13.86%
Hang Seng 20,624.54 +372.92 or +1.84% +43.35%
SENSEX 15,331.94 -43.10 or -0.28% +58.92%
FTSE 100 4,555.99 -30.14 or -0.66% +2.75%
CAC 40 3,364.07 -8.29 or -0.25% +4.54%
DAX 5,233.48 -18.07 or -0.34% +8.80%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond

101.56

101.68

3.56

Cdn. 30-year bond

115.63

115.65

4.06

U.S. 10-year bond 95.19 95.63 3.71
U.S. 30-year bond 94.09 95.26 4.62

Currency Back to Top
BoC Open Today Previous
Canadian $ 0.9270 0.9250
US $ 1.0787 1.0811

Euro Spot Rate Today Previous
Canadian $ 0.6511 0.6496
Euro 1.5358 1.5394

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $ 955.00 $955.00

Oil Open Change
WTI Crude Future (US) $67.81 -$0.570 or -0.83%

(07/28/09)

Advisor.ca staff

Staff

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