P.M. market numbers: December 22, 2009

By Staff | December 22, 2009 | Last updated on December 22, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market closed higher Tuesday following indications of an improving American economy.

The S&P/TSX composite index advanced 73.26 points to 11,627.98 as U.S. home resales surged to the highest level in nearly three years in November.

The Canadian dollar rose 0.31 of a cent to 94.53 cents U.S.

The base metals sector was up 0.85% with March copper declining two cents to US$3.14 a pound.

The TSX energy sector was up 0.71% as the OPEC cartel said it is holding its output quotas unchanged. The February crude contract in New York climbed 68 cents to US$74.40 a barrel.

The tech sector was a drag with market heavyweight Research In Motion $2.67 lower to $71.21. The stock surged more than 10% last week in the wake of an earnings report that blew past expectations.

New York indexes chalked up a solid advance on the housing data with the Dow Jones industrial average closing up 50.79 points to 10,464.93, the Nasdaq composite index was ahead 15.01 points to 2,252.67. The S&P 500 index rose 3.97 points to 1,118.02.

The U.S. National Association of Realtors says sales rose 7.4% to a seasonally adjusted annual rate of 6.54 million in November, from a downwardly revised pace of 6.09 million in October.

The U.S. Commerce Department reported that the economy grew at a 2.2% pace in the third quarter, slower than the 2.8% growth rate estimated just a month ago. However, all signs suggest the economy will end the year on stronger footing.

(The Canadian Press)

North American markets Back to Top
Close Change YTD
Dow Jones 10,464.93 +50.79 or +0.49% +19.24%
S&P 500 1,118.02 +3.97 or +0.36% +23.78%
NASDAQ 2,252.67 +15.01 or +0.67% +42.84%
TSX Composite 11,627.98 +73.26 or +0.63% +29.38%

International markets Back to Top
Close Change YTD
Nikkei 10,378.03 +194.56 or +1.91% +17.14%
Hang Seng 21,092.04 +143.94 or +0.69% +46.60%
SENSEX 16,692.00 +90.80 or +0.55% +73.02%
FTSE 100 5,328.66 +34.67 or +0.65% +20.17%
CAC 40 3,898.38 +26.32 or +0.68% +21.14%
DAX 5,945.69 +15.16 or +0.26% +23.61%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 101.27 101.94 3.59
Cdn. 30-year bond 114.37 115.20 4.12
U.S. 10-year bond 96.94 97.47 3.47
U.S. 30-year bond 96.25 96.84 4.41

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9453 0.9421
US $ 1.0579 1.0614

Euro Spot Rate Today Previous
Canadian $ 0.6634 0.6595
Euro 1.5077 1.5163

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1,094.25 $1,084.00

Oil Open Change
WTI Crude Future (US) $74.06 +$0.34 or +0.46

(12/22/09)

Advisor.ca staff

Staff

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