Investments

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Market Insights

P.M. market numbers: December 2, 2009

The Toronto stock market closed higher with much lift coming from mining stocks as bullion hit another record close. The S&P/TSX composite index was up 72.41 points to 11,779.73 as investors took in disappointing U.S. jobs data, further indications of a tepid economic recovery and surging American crude inventories, which depressed energy stocks. The Canadian […]

By Staff |December 2, 2009

2 min read

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Market Insights

A.M. market numbers: December 1, 2009

The Toronto stock market looked headed for a positive open Tuesday as commodity prices rose amid rising belief on the part of investors that the Dubai credit crisis will be contained. The Canadian dollar ran up 0.86 of a cent to 95.6 cents US. New York futures also pointed to a higher open ahead of […]

By Staff |December 1, 2009

4 min read

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P.M. market numbers: December 1, 2009

The Toronto stock market surged to its highest close of the year as worries about Dubai’s credit problems receded and American economic reports reinforced the impression a rebound is underway. The S&P/TSX composite index jumped 260.12 points to 11,707.32. Investors felt more confident the Dubai debt crisis will be contained, almost a week after the […]

By Staff |December 1, 2009

2 min read

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A.M. market numbers: November 30, 2009

The Toronto stock market headed for a slightly higher open Monday with investors hopeful the debt crisis in Dubai will be contained and encouraged by data showing Canadian economic growth in September following a string of declines. Statistics Canada reports gross domestic product increased 0.1% in the third quarter, the first quarterly gain since the […]

By Staff |November 30, 2009

4 min read

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P.M. market numbers: November 30, 2009

The Toronto stock market closed slightly lower as investors continued to try to gauge the impact of the Dubai debt crisis while taking in news that the Canadian economy has exited recession by putting in a positive quarter of growth. The S&P/TSX composite index closed down 17.21 points to 11,447.2, led by losses in tech […]

By Staff |November 30, 2009

4 min read

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A.M. market numbers: November 27, 2009

The Toronto stock market was likely in for a second day of losses as commodity prices retreated amid worries that the debt crisis in Dubai could derail a global economic recovery. Investors are reeling from Wednesday’s news that Dubai World, a government investment company, has asked creditors if it can postpone its forthcoming payments on […]

By Staff |November 27, 2009

3 min read

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P.M. market numbers: November 27, 2009

The Toronto stock market closed slightly higher as investors tried to take the Dubai credit crisis in stride, hoping that it won’t stall a global economic recovery. The S&P/TSX composite index closed 27.61 points higher at 11,464.41. The TSX had tumbled 200 points Thursday in the wake of an announcement that Dubai World, a government […]

By Staff |November 27, 2009

2 min read

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A.M. market numbers: November 26, 2009

The Toronto stock market is in for a sharply lower opening in line with other global markets amid a new round of worries about the global financial system. The concern centres around debt problems at Dubai World, a global investment company owned by the government of Dubai. Sentiment in stocks has been dented by the […]

By Staff |November 26, 2009

2 min read

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A.M. market numbers: November 25, 2009

Higher prices for metals and oil should give the Toronto stock market a boost at the open. New York futures also pointed to a positive start to Wednesday’s session ahead of fresh economic reports on consumer spending and new home sales. The Dow Jones futures were up 25 points to 10,430, the Nasdaq futures gained […]

By Staff |November 25, 2009

3 min read

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P.M. market numbers: November 25, 2009

The Toronto stock market closed sharply higher Wednesday as oil and metal prices shot up and investors took in positive U.S. consumer and housing data. The S&P/TSX composite index closed up 97.27 points to 11,636.9 as the U.S. Commerce Department reported that consumer spending rose a brisk 0.7% last month, following a 0.6% pullback in […]

By Staff |November 25, 2009

3 min read

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