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The Toronto stock market closed slightly higher amid solid earnings from the retail sector but a decline in gold stocks and a downgrade of Research In Motion Ltd. The S&P/TSX composite index closed at fresh 2009 highs, up 22.69 points to 11,652.69. The Canadian dollar closed down 0.31 of a cent to 94.83 cents US. […]
By Staff |November 18, 2009
2 min read
The Toronto stock market looked set for a lower open Tuesday following big gains in the previous session amid a higher U.S. dollar and lower prices for oil and gold. The Canadian dollar moved down 0.96 of a cent to 94.54 cents US. New York futures also signalled a tepid start to the trading day […]
By Staff |November 17, 2009
3 min read
Not many people like volatility in financial markets. While unsteady equity or bond markets that are going up are easier to handle than inconstant markets that are going down, for most investors, day-to-day volatility is still something to be endured rather than embraced. Just as we’ve seen equity market volatility settle down recently (though it’s […]
By Peter Drake |November 17, 2009
6 min read
The Toronto stock market has closed at its highest level for 2009 amid higher energy stocks and a solid earnings report from grocery chain Loblaw Companies Ltd. The S&P/TSX composite index moved ahead 117.74 points to 11,630, about 44 points higher than the previous closing high reached in mid-September. The Canadian dollar moved down 0.36 […]
North American stock markets appeared headed for a higher open Monday as figures showed impressive economic growth in Japan and investors looked to key U.S. retail data coming out later in the morning. The Dow Jones industrial futures ran ahead 65 points to 10,307, the Nasdaq futures gained 9.5 points to 1,797.75 while the S&P […]
By Staff |November 16, 2009
The Toronto stock market could be in for a weak open Friday as investors take in data showing that the eurozone exited recession in the third quarter, although the recovery in France and Germany was slower than most analysts expected. New York futures pointed to a slightly higher open ahead of some key economic data. […]
By Staff |November 13, 2009
4 min read
The Toronto stock market closed higher Friday as rising metal prices lifted mining stocks amid another record high close for bullion. The S&P/TSX composite index gained 46.92 points to 11,407.68 with gains held back by declining consumer discretionary and tech stocks. The TSX was up 157.26 points or 1.39% for the week as investment sentiment […]
The Toronto stock market moved lower Thursday as U.S. dollar strength helped depress some commodity prices. The S&P/TSX composite index declined 62 points to 11,377.7 after drifting 13 points higher on Wednesday. The Canadian dollar moved up 0.06 of a cent from Tuesday’s close to 95.29 cents US. The TSX energy sector was down 0.57 […]
By Staff |November 12, 2009
The Toronto stock market closed lower as U.S. data showing falling oil and gasoline demand raised worries about economic weakness. The S&P/TSX composite index declined 78.99 points to 11,360.76. Oil dropped $2.34 to US$76.94 a barrel as the Department of Energy said U.S. crude supplies rose by 1.8 million barrels while gasoline inventories jumped 2.5 […]
The Toronto stock market appeared headed for a higher open Wednesday as commodity prices advanced in the wake of good economic news from China. U.S. market futures signalled a strong opening in New York as investors keep rallying around the expectation that interest rates will remain low for some time. The Dow Jones industrial futures […]
By Staff |November 11, 2009
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