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The Toronto stock market fell to a sharp loss Thursday amid news that Canada’s largest insurance company will cut its dividend in half. The S&P/TSX composite index lost 253.56 points or 2.3% to 10,793.37, reversing four consecutive days of gains that had seen Toronto’s main index add more than five per cent. Other insurance companies […]
By Staff |August 6, 2009
2 min read
North American markets appeared headed for a flat open Wednesday as investors hesitate to make big bets ahead of key economic data, including Friday’s looming U.S. jobs report. Overseas markets were mixed, with European indexes posting modest gains after earlier losses in Asia. Bailed-out British bank Lloyds Banking Group PLC said most of its bad […]
By Staff |August 5, 2009
3 min read
The Toronto stock market ended Wednesday in positive territory, posting a small gain as oil prices and the base metals sector provided lift for the second day in a row. The S&P/TSX composite index inched up 28.83 points to end the day at 11,046.93, a day after a 230-point surge saw it climb to close […]
The Toronto stock market appeared set for a higher open Tuesday following a day of broad-based gains for U.S. markets. Reports on manufacturing, housing and banking sent New York markets sharply higher Monday while Toronto was closed for the civic holiday. The S&P 500 broke above 1,000 points Monday for the first time in nine […]
By Staff |August 4, 2009
The Toronto stock market has closed above 11,000 points for the first time in 10 months. The S&P/TSX composite index soared 230.95 points to 11,018.10 today, surpassing the 11,000 mark in the final moments of trading for the first time since October 1, 2008. The Toronto index was playing catch-up with New York markets, which […]
North American markets appear set to extend the previous day’s gains on Friday ahead of a key reading on the overall output of the U.S. economy during the second quarter. Asian markets pushed higher on the strength of the U.S. market, while European indexes traded in a narrow range after surging ahead a day earlier […]
By Staff |July 31, 2009
The Toronto stock market ended Friday up more than 100 points as investors found motivation in stronger commodities prices. The S&P/TSX composite index was up 110.43 points to 10,787.15 while the Canadian dollar was at 92.81 cents US, up 0.58 of a cent. The TSX gold sector led gains, up 3.6% as bullion for December […]
1 min read
Market preview to come… (The Canadian Press) North American markets Back to Top Dow Jones 9,070.72 -26.00 or -0.29% +3.35% S&P 500 975.15 -4.47 or -0.46% +7.96% NASDAQ 1,967.76 -7.75 or -0.39% +24.78% TSX Composite 10,455.33 -115.21 or -1.09% +16.33% International markets Back to Top Open Change YTD Nikkei 10,165.21 +51.97 or +0.51% +14.74% Hang […]
By Staff |July 30, 2009
North American markets appeared headed for a slightly higher open Thursday as investors looked to restart a two-week rally that stalled in recent days on mixed economic and earnings reports. Investors are following overseas markets, which are rising because of upbeat profit reports. Japanese shares rose to nearly 10-month highs on better-than-expected earnings at automakers […]
North American stock markets recaptured their recent optimism and moved higher Thursday on stronger-than-expected profit reports and rising energy prices. The S&P/TSX composite index rebounded 221.39 points to 10,676.72, while the Canadian dollar was at 92.23 cents US, up 0.55 of a cent. The upswing ended two days of weakness driven by investor pessimism about […]
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