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The Toronto stock market closed little changed. The TSX was balanced by higher telecom stocks and lower mining shares amid positive data from the U.S. manufacturing sector. The S&P/TSX composite index closed up 15.65 points to 11,717.46 on thin volume as 2009 trading winds down. Markets had little response to a key economic indicator that […]
By Staff |December 30, 2009
2 min read
North American stock markets headed for a higher open Tuesday prior to the release of key data on U.S. consumer confidence and home prices. The Canadian dollar was ahead 0.99 of a cent from Thursday’s pre-holiday close to 96.24 cents US. The Dow Jones industrial futures gained 33 points to 10,520, the Nasdaq futures rose […]
By Staff |December 29, 2009
3 min read
Falling materials stocks helped push the Toronto stock market lower. The S&P/TSX composite index moved down 52.8 points to 11,701.81. The Canadian dollar was up 0.55 of a cent to 95.8 cents US; oil rose a dime at US$78.87 a barrel, while gold declined $9.80 to US$1,098.10 an ounce. New York’s Dow Jones industrial average […]
1 min read
The Toronto stock market held on to a modest gain Thursday as U.S. economic data raised hopes that the economic rebound is on track, while rising oil and metal prices lifted commodity stocks. The S&P/TSX composite index was off earlier highs but still ahead 28.9 points at 11,687.5. A report from the U.S. Commerce Department […]
By Staff |December 24, 2009
4 min read
North American stock markets headed for a higher open Wednesday as commodity prices rose and investors look to economic data coming out during the morning. Traders get key reports Wednesday on Canadian economic growth, U.S. consumer spending and income as well as new home sales that are expected to show further improvement. The Dow Jones […]
By Staff |December 23, 2009
The Toronto stock market posted a slight gain thanks to higher mining stocks. The S&P/TSX composite index moved 30.72 points higher to 11,658.7 amid data showing the Canadian economy grew for a second consecutive month in October. Gross domestic product moved up by 0.2%. The Canadian dollar was ahead 0.85 of a cent to 95.38 […]
The Toronto stock market could be in for a slack opening Tuesday amid weak commodity prices. The Canadian dollar moved up 0.36 of a cent to 94.58 cents US. Financial stocks will also be in focus after regulators approved $138.8 million in settlements which banks will pay for their role in the asset-backed commercial paper […]
By Staff |December 22, 2009
The Toronto stock market closed higher Tuesday following indications of an improving American economy. The S&P/TSX composite index advanced 73.26 points to 11,627.98 as U.S. home resales surged to the highest level in nearly three years in November. The Canadian dollar rose 0.31 of a cent to 94.53 cents U.S. The base metals sector was […]
The Toronto stock market appeared set to open higher on Monday as commodity prices rose and Canadian fertilizer giant Agrium Inc. extended a shareholder deadline to take over a competitor. The Canadian dollar was ahead 0.85 of a cent to 94.66 cents US. Agrium is sticking to its US$5-billion takeover offer for CF Industries Holdings, […]
By Staff |December 21, 2009
The Toronto stock market ended Monday in positive territory after most sectors posted gains, even as key commodities plunged in value. The S&P/TSX composite index was up 91.32 points to 11,554.72, in what’s expected to be a volatile shortened trading week ahead of the Christmas holiday. Gold stocks led the down side on the TSX, […]
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