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The Toronto stock market closed slightly lower, pressured by falling energy stocks as demand concerns and a rising U.S. dollar pushed crude prices down. The S&P/TSX composite index backed off 20.97 points to 11,579.33, down for a second day on another rising tide of concern about whether the market has advanced too quickly relative to […]
By Staff |November 20, 2009
2 min read
North American stock markets headed for a lower open Thursday amid a new wave of doubt about the strength of an economic rebound. The Dow Jones industrial futures backed off 59 points to 10,435, the Nasdaq futures were down 13.8 points to 1,786.8 while the S&P 500 futures declined 8.4 points to 1,100. The Canadian […]
By Staff |November 19, 2009
3 min read
The Toronto stock market finished lower on worries about the pace of an economic rebound, downgrades in the tech sector and concerns about financial stocks amid moves to raise more capital. The S&P/TSX composite index closed down 52.39 points at 11,600.3 as the Organization for Economic Co-operation and Development increased its forecast for economic growth […]
Asian stocks were mixed Wednesday amid investor caution following the recent advance in the region’s markets. European shares rose modestly in early trade. Gold, meanwhile, set another record high and crude oil prices strengthened as the dollar resumed its slide, falling against the yen and the euro. The directionless trade in Asia followed an erratic […]
By Staff |November 18, 2009
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. […]
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
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
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