Investments

A.M. market numbers: August 7, 2009

North American markets appear headed for a lower open Friday as investors in Canada and the U.S. brace for the latest data on job losses. Statistics Canada released Canadian data early in the day, reporting the country’s labour market shed another 45,000 jobs in July as more people struggled to find work. The unemployment rate […]

By Staff |August 7, 2009

3 min read

Risks to the recovery

These days, there’s lots of discussion about risks to the recovery. This is to be expected anytime the economy is moving toward the end of a recession and into a growth phase. However, more discussion is taking place this time around, simply because of this recession’s depth and the series of largely unexpected financial system […]

By Peter Drake |August 7, 2009

7 min read

P.M. market numbers: August 7, 2009

News that the U.S. unemployment rate fell for the first time in 15 months propelled the Toronto stock market to a strong gain Friday, despite worse-than-expected jobs data for Canada. The S&P/TSX composite index added 91.96 points to 10,885.33 on a report that U.S. employers sharply scaled back layoffs in July while the unemployment rate […]

By Staff |August 7, 2009

2 min read

A.M. market numbers: August 6, 2009

North American markets appear headed for a flat open on Thursday as investors refrain from making big bets ahead of a slew of earnings reports, as well as U.S. data on retail sales and the labour market. The market is finding some support from big gains in overseas indexes that were driven by solid corporate […]

By Staff |August 6, 2009

3 min read