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The Toronto stock market could be headed for a lower open amid flat oil prices ahead of the release of U.S. inventory data and investor disappointment with Goldman Sachs Group Inc.’s investment banking revenue in the latest quarter. New York futures pointed to a lower open a day after positive earnings reports from JPMorgan Chase […]
By Staff |October 15, 2009
3 min read
The Toronto stock market drifted to a lower finish Thursday even as oil hit a one-year high amid disappointment with earnings reports from two U.S. banking giants. The S&P/TSX composite index declined 28.27 points to 11,504.51.The loonie fell 0.81 of a cent to 96.67 cents U.S. after a weak U.S. dollar sent the loonie up […]
2 min read
North American stock markets headed for an open well into positive territory Wednesday after chip giant Intel Corp. and American bank JPMorgan Chase & Co. delivered solid earnings reports. The Toronto market will particularly benefit from another spike in oil prices. The Dow Jones industrial futures jumped 113 points to 9,922, the Nasdaq futures advanced […]
By Staff |October 14, 2009
The Toronto stock market cruised to a solid gain Wednesday and Dow Jones industrial average broke through the psychologically important 10,000 mark amid key earnings reports and a better than expected reading on retail sales in the United States. Toronto’s S&P/TSX composite index closed up 119.24 points to 11,532.78, while the Dow Jones industrial average […]
The Canadian dollar was at its highest level in well over a year Tuesday as the American greenback weakened and commodity prices continued to climb. The loonie was up 1.43 cents in early trading from the previous close Friday after surging 3.37 cents US last week. It was at 97.18 cents, its highest since August […]
By Staff |October 13, 2009
4 min read
The Toronto stock market closed slightly lower Tuesday, supported by commodity stocks on advancing oil prices and record high gold prices and pulled down by financial stocks in the wake of a downgrade in the American banking sector. Trading was also sluggish following a disappointing earnings report from U.S. health-care giant Johnson & Johnson and […]
By Staff |October 9, 2009
Toronto’s main index ended in negative territory Friday as investors contained some of their recent enthusiasm over commodities prices. The S&P/TSX composite index shifted 47.59 points lower to 11,436.92, after four consecutive sessions of gains. The Canadian dollar was at 95.75 US., rising 0.71 of a cent. On the TSX, gold stocks took a beating […]
Template Letter: RRSP marketing The Toronto stock market appeared to be headed for another upwards session on Thursday. The Toronto Stock Exchange has been on a tear this week. The S&P/TSX composite index added 101.91 points on Wednesday to close at 11,349.88, the third consecutive day of triple-digit gains. The third-quarter earnings season effectively got […]
By Staff |October 8, 2009
The Toronto stock market ended Thursday with its fourth consecutive triple-digit gain, as a weaker U.S. dollar helped drive up commodities prices and sent the loonie soaring to its highest levels in more than a year. The S&P/TSX composite index closed up 134.63 to 11,484.51, while the Canadian dollar wrapped the day at 95.04, a […]
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