Market Insights

Decorative pattern

Market Insights

Stocks close mixed, C$ down

The Toronto stock market rose sharply Wednesday as an unexpectedly positive dose of U.S. economic data raised hopes for an economic recovery. Also, the U.S. Federal Reserve chimed in with news that although the economy will likely remain weak, the lid will be kept on inflation and the pace of contraction is slowing. "Following on […]

By Staff |June 24, 2009

4 min read

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Market Insights

Market numbers: Tuesday, June 23, 2009

The Toronto stock market is likely in for a slightly higher open, a day after a World Bank report sparked steep selloffs on North American stock markets. The main S&P/TSX composite index plunged 454 points, or 4.4%, after the World Bank warned the global economic downturn would be deeper than predicted. The biggest one-day point […]

By Staff |June 23, 2009

3 min read

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Market Insights

Energy stocks send TSX higher

The Toronto stock market closed higher Tuesday, clawing back a tiny part of the previous day’s 4.4% plunge, in large part because of energy stocks rising alongside oil prices. The main S&P/TSX composite index closed up 62.54 points to 9,896.72 following a 454-point selloff sparked by a World Bank report that warned the world economy […]

By Staff |June 23, 2009

4 min read

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Market Insights

Market numbers: Monday, June 22

North American markets Back to Top Close Change YTD Dow Jones 8,539.73 -15.87 or -0.19% -2.70% S&P 500 921.23 +2.86 or +0.31% +1.99% NASDAQ 1,827.47 +19.75 or +1.09% +15.88% TSX Composite 10,287.95 +166.45 or +1.64% +14.47% International markets Back to Top Open Change YTD Nikkei 9,826.27 +40.01 or +0.41% +10.91% Hang Seng 18,059.55 +138.62 or […]

By Staff |June 22, 2009

1 min read

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Market Insights

Global economic worries sends stocks tumbling; TSX loses, led by oils, metals

The Toronto stock market tumbled Monday as a report from the World Bank said the global economy will shrink much more than expected this year, lowering hopes for a strong economic recovery later in 2009. The main S&P/TSX composite index dropped 453.77 points or 4.4% to 9,834.18 — its first close below the 10,000 mark […]

By Staff |June 22, 2009

4 min read

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Market Insights

Market numbers: Friday, June 19, 2009

The Toronto stock market is expected to open higher with investors feeling more optimistic about the U.S. economy while energy stocks should get some support from higher crude prices. The S&P/TSX composite index snapped a four-session losing streak Thursday, rising 55 points after the U.S. Conference Board said its forecast of economic activity did better […]

By Staff |June 19, 2009

3 min read

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Market Insights

Caution returns to markets

The Toronto stock market ended Friday trading with a solid gain in a broad-based advance, reflecting confidence that the spring rally still has legs. The S&P/TSX composite index closed up 166.45 points to 10,287.95 as American economic data raised hopes that an economic recovery will be in place by the end of the year. Economic […]

By Staff |June 19, 2009

2 min read

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Market Insights

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

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Market Insights

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

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Market Insights

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

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