Investments

North American markets seem poised to move lower on weak earnings

North American markets appear headed for a lower open on Wednesday as investors grow increasingly wary about the economic recovery. A two-week rally that benefited markets in Toronto and New York is on hold after earnings reports and the U.S. Conference Board’s reading on consumer confidence fell short of expectations. Amid investors’ growing caution, the […]

By Staff |July 29, 2009

2 min read

P.M. market numbers: July 29, 2009

Investors continued to rein in their optimism on Wednesday, and sent the Toronto stock market lower, driven by weaker oil prices and a renewed sense of caution about the economic recovery. The S&P/TSX composite index moved back 115.21 points to close at 10,455.33, making it the second consecutive session of triple-digit losses for the TSX. […]

By Staff |July 29, 2009

2 min read

A.M. Market numbers: Tuesday, July 28, 2009

North American markets appeared headed for a lower open on Tuesday as investors seemed in a cautious mood following a huge two-week rally. Markets in Toronto and New York are waiting for a stream of earnings reports over the next three days. Rogers Communications Inc. (TSX:RCI.B) filed its financial results early Tuesday, beating expectations with […]

By Staff |July 28, 2009

2 min read

P.M. market numbers: July 28, 2009

Investors pulled back on recent optimism and sent the Toronto stock market down nearly 200 points on Tuesday, motivated partly by weaker oil prices. The S&P/TSX composite index backtracked 186.89 points to close at 10,570.54. The Canadian dollar ended at 92.33 cents U.S., down 0.17 of a cent. The TSX energy sector moved 1.9% lower […]

By Staff |July 28, 2009

1 min read