Investments

Market numbers: Thursday, June 18, 2009

Stock markets are likely in for a flat opening following a string of losses amid news that Canada’s annual inflation rate fell to virtually zero last month. Statistics Canada said Thursday overall annual inflation stood at 0.1% in May, reflecting lower costs for energy. That was down from 0.4% the previous month. The Canadian dollar […]

By Staff |June 18, 2009

3 min read

American economic data sends stocks higher

A better than expected outlook on the American economy helped snap a four-day losing streak on the Toronto stock market, which remains substantially below where it was last week. The S&P/TSX composite index moved 55.39 points higher to 10,121.5, led by rising financials and base metal stocks. The previous four days going back to last […]

By Staff |June 18, 2009

2 min read

Market numbers: Wednesday, June 17, 2009

The Toronto stock market could be hard-pressed to snap a three-session losing streak as oil prices continue to backtrack and investors question how quickly the U.S. economy can bounce back. The main TSX index is coming off an 87-point loss, which was led by falling energy and mining stocks. Those two groups have led big […]

By Staff |June 17, 2009

3 min read

Commodity selloff pushes TSX lower for 4th session; N.Y. little changed

The Toronto stock market piled on losses for a fourth session Wednesday, pressured by commodity stocks on doubts the spring rally has much momentum left. The main S&P/TSX composite index fell 241.29 points to 10,066.11 as energy and mining stocks continued to retrench after helping boost the Toronto market as much as 40% since the […]

By Staff |June 17, 2009

2 min read