Market Insights

Market numbers: Friday, June 19, 2009

The Toronto stock market is expected to open higher with investors feeling more optimistic about the U.S. economy while energy stocks should get some support from higher crude prices. The S&P/TSX composite index snapped a four-session losing streak Thursday, rising 55 points after the U.S. Conference Board said its forecast of economic activity did better […]

By Staff |June 19, 2009

3 min read

Caution returns to markets

The Toronto stock market ended Friday trading with a solid gain in a broad-based advance, reflecting confidence that the spring rally still has legs. The S&P/TSX composite index closed up 166.45 points to 10,287.95 as American economic data raised hopes that an economic recovery will be in place by the end of the year. Economic […]

By Staff |June 19, 2009

2 min read

Market numbers: Thursday, June 18, 2009

Stock markets are likely in for a flat opening following a string of losses amid news that Canada’s annual inflation rate fell to virtually zero last month. Statistics Canada said Thursday overall annual inflation stood at 0.1% in May, reflecting lower costs for energy. That was down from 0.4% the previous month. The Canadian dollar […]

By Staff |June 18, 2009

3 min read

American economic data sends stocks higher

A better than expected outlook on the American economy helped snap a four-day losing streak on the Toronto stock market, which remains substantially below where it was last week. The S&P/TSX composite index moved 55.39 points higher to 10,121.5, led by rising financials and base metal stocks. The previous four days going back to last […]

By Staff |June 18, 2009

2 min read