Investments

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Market Insights

Market numbers: Monday, July 13, 2009

The Toronto stock market closed sharply higher as Canadian banks benefited from a positive outlook on U.S. financial heavyweight Goldman Sachs and investors took in data indicating an economic recovery may be taking hold. The S&P/TSX composite index was volatile, losing as much as 159 points in early trading, but the main index ended by […]

By Staff |July 13, 2009

2 min read

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Market Insights

Market numbers: Friday, July 10, 2009

Stock markets appeared set for a weak open Friday amid lower expectations for the second-quarter earnings season and slumping oil prices. Commodity stocks led the Toronto Stock Exchange to a triple-digit gain Thursday after three days of steep losses. However, oil prices were back down below $60 a barrel Friday morning, pointing to a lower […]

By Staff |July 10, 2009

3 min read

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Market Insights

Market wrap: July 10, 2009

The Toronto stock market posted a small loss on Friday and a substantial loss for the week as investors found themselves unable to shake pessimism about whether the economy will rebound as quickly as they had hoped. The S&P/TSX composite index was down 26.79 points to 9,747.13. The small loss on the TSX came as […]

By Staff |July 10, 2009

3 min read

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Market Insights

Market numbers: Thursday, July 09, 2009

North American markets Back to Top Close Change YTD Dow Jones 8,178.41 +14.81 or +0.18% -6.81% S&P 500 879.56 -1.47 or -0.17% -2.62% NASDAQ 1,747.17 +1.00 or +0.06% +10.79% TSX Composite 9,653.45 -190.90 or -1.94% +7.41% International markets Back to Top Open Change YTD Nikkei 9,291.06 -129.69 or -1.38% +4.87% Hang Seng 17,790.59 +69.52 or […]

By Staff |July 9, 2009

1 min read

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Market Insights

Energy leads way to strong close as TSX breaks three session losing streak

Commodity stocks led a solid gain on the Toronto stock market Thursday amid higher prices for crude and metals. The S&P/TSX composite index snapped a fierce, three day losing streak that had chopped about 6% from the main index, closing up 120.47 points to 9,773.92. The string of triple-digit losses were sparked by worries that […]

By Staff |July 9, 2009

4 min read

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Market Insights

Market numbers: Wednesday, July 8, 2009

The Toronto stock market could be headed for a third straight loss amid falling oil prices and hopes for a quick economic rebound. Oil prices were lower for a sixth straight day from a peak of above US$73 last week as investors think demand prospects do not warrant the sharp runup in prices seen over […]

By Staff |July 8, 2009

3 min read

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Market Insights

TSX pummelled again as oil plunges

The losses continued to pile up on the Toronto stock market Wednesday as investors convinced the spring rally has run its course sold off across almost all sectors, with the main index losing more than 200 points. The S&P/TSX composite index, down over 300 points during afternoon trading, closed down 190.9 points to 9,653.45 — […]

By Staff |July 8, 2009

4 min read

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Market Insights

Slumping industrial, energy stocks drag markets lower

The Toronto stock market racked up a sharp, triple-digit decline for a second session as worries about an economic recovery persuaded investors to take more profits from the spring rally. "We’ve had quite a market run for a few months and now it’s time for a pause," said Norman Raschkowan, chief investment officer at Mackenzie […]

By Staff |July 7, 2009

4 min read

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Market Insights

Market numbers: Tuesday, July 07, 2009

The Toronto stock market could be in for a slightly higher open following a commodity-stock led tumble as oil prices headed slightly higher. The main TSX index fell 256 points or 2.5% Monday as investors continued to react to last Thursday’s much worse than expected U.S. employment report for June, which cast further doubt on […]

By Staff |July 7, 2009

3 min read

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Market Insights

Market numbers: Monday, July 06, 2009

The Toronto stock market is headed for a sharply lower open as oil prices retreat and overseas indexes pull back amid increasing pessimism about an economic recovery. The August crude contract fell $3 to US$63.7 a barrel after falling 3.5 per cent last week on the growing belief that the economy won’t be strong enough […]

By Staff |July 6, 2009

3 min read

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