Home Breadcrumb caret Investments Breadcrumb caret Market Insights P.M. market numbers: December 8, 2009 The Toronto stock market closed lower as a stronger greenback weakened commodities. Investors also worried about downgrades of government credit ratings. The S&P/TSX composite index dropped 120.7 points to 11,369. Moody’s Investor Services warned that the United States and Britain must get a grip on their public finances to avoid threats to their top, Triple-A […] By Staff | December 8, 2009 | Last updated on December 8, 2009 2 min read | North American markets | International markets | Bonds | Currency | Commodities | The Toronto stock market closed lower as a stronger greenback weakened commodities. Investors also worried about downgrades of government credit ratings. The S&P/TSX composite index dropped 120.7 points to 11,369. Moody’s Investor Services warned that the United States and Britain must get a grip on their public finances to avoid threats to their top, Triple-A credit ratings. And rival Fitch cut Greece’s credit rating over concerns about the medium-term outlook for its public finances. The Canadian dollar fell 0.99 of a cent to 93.99 cents US as the Bank of Canada left interest rates unchanged at 0.25%. Oil fell $1.31 to US$72.62 a barrel while gold lost $20.60 to US$1,143.40 an ounce. The Dow Jones industrial average fell 104.14 points to 10,285.97, the Nasdaq composite index declined 16.62 points to 2,172.99 and the S&P 500 index moved down 11.32 points to 1,091.93. (The Canadian Press) North American markets Back to Top Open Change YTD Dow Jones 10,285.97 -104.14 or -1.00% +17.20% S&P 500 1,091.94 -11.31 or -1.03% +20.89% NASDAQ 2,172.99 -16.62 or -0.76% +37.79% TSX Composite 11,368.93 -120.70 or -1.05% +26.49% International markets Back to Top Open Change YTD Nikkei 10,140.47 -27.13 or -0.27% +14.46% Hang Seng 22,060.52 -264.44 or -1.18% +53.33% SENSEX 17,227.68 +244.54 or +1.44% +78.57% FTSE 100 5,223.13 -87.53 or -1.65% +17.79% CAC 40 3,785.30 -54.75 or -1.43% +17.63% DAX 5,688.58 -96.17 or -1.69% +18.26% Bonds Back to Top Bonds $Current $Previous %Yield Cdn. 10-year bond 103.80 103.78 3.28 Cdn. 30-year bond 118.20 118.35 3.91 U.S. 10-year bond 99.78 99.53 3.40 U.S. 30-year bond 99.89 99.72 4.38 Currency Back to Top BoC Close Today Previous Canadian $ 0.9399 0.9497 US $ 1.0639 1.0529 Euro Spot Rate Today Previous Canadian $ 0.6393 0.6412 Euro 1.5643 1.5596 Commodities Back to Top Gold AM PM London Gold Fix ($US) $1,164.25 $1,146.75 Oil Open Change WTI Crude Future (US) $72.75 -$1.18 or -1.60% (12/08/09) Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo