Market Insights

Decorative pattern

Market Insights

A.M. market numbers: January 15, 2010

The Toronto stock market headed for a lower open as oil prices fell on concerns about reduced demand and a stronger U.S. dollar. The Canadian dollar was down 0.29 of a cent to 97.42 cents US. U.S. futures also pointed to a negative open despite an earnings report from chip giant Intel Corp. after the […]

By Staff |January 15, 2010

3 min read

Decorative pattern

Market Insights

P.M. market numbers: January 15, 2010

The latest in a series of disappointing earnings reports and soft U.S. economic data sent the Toronto stock market sharply lower. The S&P/TSX composite index fell 119.01 points to 11,685.37. The main index lost 2.24% for the week. The Toronto financial sector pulled back after American banking giant JPMorgan Chase missed revenue expectations for the […]

By Staff |January 15, 2010

2 min read

Decorative pattern

Market Insights

A.M. market numbers: January 14, 2010

World stock markets rebounded Thursday as receding worries about credit-tightening in China bolstered companies across Asia and Australia’s economic recovery showed new momentum. Benchmarks from Tokyo to Paris gained 0.5 per cent or more while oil jumped above $80 a barrel after tumbling for several days this week. Also galvanizing investors was modest gains Wednesday […]

By Staff |January 14, 2010

3 min read

Decorative pattern

Market Insights

P.M. market numbers: January 14, 2010

The Toronto stock market closed lower Thursday as energy stocks deteriorated amid another day of falling prices while investors looked to a key earnings report from chip giant Intel Corp. after the close. The S&P/TSX composite index was 49.18 points lower to 11,804.38 with the tech sector the only main source of support before Intel, […]

By Staff |January 14, 2010

4 min read