Home Breadcrumb caret Investments Breadcrumb caret Market Insights P.M. market numbers: August 17, 2009 The Toronto stock market joined other indexes around the world in a sharp sell-off as investors sold off on worries that the U.S. consumer won’t be much help in building a strong economic recovery. The S&P/TSX composite index fell 316.42 points or 2.92% to 10,531.59 after consumer weakness surfaced Friday in a sharp falloff in […] By Staff | August 17, 2009 | Last updated on August 17, 2009 2 min read | North American markets | International markets | Bonds | Currency | Commodities | The Toronto stock market joined other indexes around the world in a sharp sell-off as investors sold off on worries that the U.S. consumer won’t be much help in building a strong economic recovery. The S&P/TSX composite index fell 316.42 points or 2.92% to 10,531.59 after consumer weakness surfaced Friday in a sharp falloff in the Reuters-University of Michigan consumer sentiment index, following a weak July retail sales report. Economic worries pushed the TSX lower last week, snapping a four-week-long winning streak, leaving the main index up over 40% from the lows of March. But after rallying for months on expectations of an economic recovery, investors now fear they’ve been too optimistic given consumers’ continuing reluctance to spend. The Canadian dollar closed down 0.61 cent to 90.32 cents U.S. The Dow Jones industrials closed down 186.06 points to 9,135.34 and the Nasdaq composite index dropped 54.68 points to 1,930.84 while the S&P 500 fell 24.36 points to 979.73. The TSX energy sector was a leading decliner, down 3.27% as the price of oil in New York lost 76 cents to US$66.75 a barrel. (THE CANADIAN PRESS) North American markets Back to Top Close Change YTD Dow Jones 9,135.34 -186.06 or -2.00% +4.09% S&P 500 979.73 -24.36 or -2.43% +8.47% NASDAQ 1,930.84 -54.68 or -2.75% +22.44% TSX Composite 10,531.59 -316.42 or -2.92% +17.18% International markets Back to Top Close Change YTD Nikkei 10,268.61 -328.72 or -3.10% +15.90% Hang Seng 20,137.65 -755.68 or -3.62% +39.97% SENSEX 14,784.92 -626.71 or -4.07% +53.25% FTSE 100 4,645.01 -68.96 or -1.46% +4.75% CAC 40 3,419.69 -75.58 or -2.16% +6.27% DAX 5,201.61 -107.50 or -2.02% +8.14% Bonds Back to Top Bonds $Current $Previous %Yield Cdn. 10-year bond 102.90 102.05 3.40 Cdn. 30-year bond 118.87 117.19 3.88 U.S. 10-year bond 101.31 100.22 3.47 U.S. 30-year bond 103.09 97.14 4.32 Currency Back to Top BoC Close Today Previous Canadian $ 0.9032 0.9001 US $ 1.1072 1.1109 Euro Spot Rate Today Previous Canadian $ 0.6416 0.6407 Euro 1.5586 1.5609 Commodities Back to Top Gold AM PM London Gold Fix ($US) $937.50 $932.75 Oil Close Change WTI Crude Future (US) $66.44 -$1.07 or -1.58% (08/17/09) Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo