Market Insights

Decorative pattern

Market Insights

Risks to the recovery

These days, there’s lots of discussion about risks to the recovery. This is to be expected anytime the economy is moving toward the end of a recession and into a growth phase. However, more discussion is taking place this time around, simply because of this recession’s depth and the series of largely unexpected financial system […]

By Peter Drake |August 7, 2009

7 min read

Decorative pattern

Market Insights

P.M. market numbers: August 7, 2009

News that the U.S. unemployment rate fell for the first time in 15 months propelled the Toronto stock market to a strong gain Friday, despite worse-than-expected jobs data for Canada. The S&P/TSX composite index added 91.96 points to 10,885.33 on a report that U.S. employers sharply scaled back layoffs in July while the unemployment rate […]

By Staff |August 7, 2009

2 min read

Decorative pattern

Market Insights

A.M. market numbers: August 6, 2009

North American markets appear headed for a flat open on Thursday as investors refrain from making big bets ahead of a slew of earnings reports, as well as U.S. data on retail sales and the labour market. The market is finding some support from big gains in overseas indexes that were driven by solid corporate […]

By Staff |August 6, 2009

3 min read

Decorative pattern

Market Insights

P.M. market numbers: August 6, 2009

The Toronto stock market fell to a sharp loss Thursday amid news that Canada’s largest insurance company will cut its dividend in half. The S&P/TSX composite index lost 253.56 points or 2.3% to 10,793.37, reversing four consecutive days of gains that had seen Toronto’s main index add more than five per cent. Other insurance companies […]

By Staff |August 6, 2009

2 min read