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Market Insights
The Toronto stock market appeared set to open flat Wednesday morning after a furious two-day rally, as investors await the kickoff of earnings season. The S&P/TSX composite index gained close to 300 points or 2.6% in the first two days of trading this week amid sharply higher commodity prices and investor confidence that the economic […]
By Staff |October 7, 2009
3 min read
The Toronto stock market gained significantly in the final hour of trading Wednesday to close ahead more than 100 points in a week that has already seen the index climb 3.6%. The S&P/TSX composite index added 101.91 points to 11,349.88 on continuing strength in metals prices and investor confidence that the economic rebound has staying […]
2 min read
The Toronto stock market appeared headed for a higher opening Tuesday as investors search for further reasons to be optimistic about the global economy. Expected to grab attention is Canwest Global Communications Corp. (TSX:CGS), which announced that certain units of the company will seek court protection under the Companies’ Creditors Arrangement Act. Ahead of the […]
By Staff |October 6, 2009
The Toronto stock market saw another triple-digit gain Tuesday as commodity prices got a boost from optimism that the global economic recovery has legs. The S&P/TSX composite index added 145.35 points to 11,247.97 after soaring more than 250 points earlier in the day. The gold sector led the TSX, gaining 5.2%, as the December bullion […]
North American stock markets were poised for a higher opening Monday after two consecutive weeks of losses that followed disappointing U.S. economic data. Investors will be looking for optimism in a report on U.S. business activity in the services sector for signs of an improving economy. On Wall Street, the Institute for Supply Management’s service […]
By Staff |October 5, 2009
The Toronto stock market ended Monday with a triple-digit gain as investors responded positively to data that showed a U.S. economic recovery may indeed be gathering speed. Toronto’s S&P/TSX composite index was up 144.29 points to 11,102.62, while the Canadian dollar headed higher, rising 1.07 of a cent to 93.45 cents U.S. The U.S. Institute […]
Inflation can make the road to adequate retirement income a challenging one. Why? Because the traditional retirement portfolio, invested heavily if not exclusively in fixed income, is just that: fixed. The income it produces doesn’t necessarily go up each year to offset rising consumer prices – and rising prices gradually, but inescapably, eat away at […]
By Peter Drake |October 2, 2009
6 min read
North American stock markets headed for a sharply lower open Friday morning as the American economy shed more than a quarter of a million jobs last month, far more than the approximately 180,000 that economists expected. The U.S. Labour Department reported that job losses came in at 263,000, while the unemployment rate increased a tenth […]
By Staff |October 2, 2009
The Toronto stock market closed lower Friday and racked up its second weekly loss in a row as a string of disappointing economic reports was capped by a U.S. jobs report that widely missed expectations. The S&P/TSX composite index lost 113.43 points to 10,958.33 after the U.S. Labour Department reported that job losses came in […]
Industry
Exchange-traded funds (ETFs) have had the most profound impact on personal investing since the introduction of the modern mutual fund in 1924. To the myriad strengths that drove mutual funds to growth – diversification, professional management and shared expenses – ETFs have added low costs, transparency, market access throughout the trading day, and tax efficiency. […]
By Mark Yamada |October 1, 2009
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