Investments

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Market Insights

P.M. market numbers: August 17, 2009

The Toronto stock market joined other indexes around the world in a sharp sell-off as investors sold off on worries that the U.S. consumer won’t be much help in building a strong economic recovery. The S&P/TSX composite index fell 316.42 points or 2.92% to 10,531.59 after consumer weakness surfaced Friday in a sharp falloff in […]

By Staff |August 17, 2009

2 min read

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Market Insights

A.M. market numbers: August 14, 2009

The Toronto stock market could get some early lift from higher oil prices Friday. Investors will also be taking in some key U.S. economic reports during the morning. The S&P/TSX composite index jumped 166 points on Thursday as investors brushed off data showing that U.S. retail sales unexpectedly dropped last month. Economists had expected a […]

By Staff |August 14, 2009

3 min read

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Market Insights

P.M. market numbers: August 14, 2009

The Toronto stock market closed slightly higher Friday, but lost ground on the week, following a second glum dose of U.S. economic data that raised doubt about how much the American consumer can participate in the recovery. The S&P/TSX composite index finished off the lows of the session as early losses in the financial sector […]

By Staff |August 14, 2009

4 min read

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Market Insights

A.M. market numbers: August 13, 2009

The Toronto stock market appeared headed for a positive open Thursday morning after the U.S. Federal Reserve reinforced belief that the American economy is improving. The TSX finished higher Wednesday, up 30 points after two days of sharp losses, after the central bank said at the end of its two-day meeting that the economy appears […]

By Staff |August 13, 2009

3 min read

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Market Insights

P.M. market numbers: August 13, 2009

The Toronto stock market closed sharply higher as commodity and financials stocks bounded ahead in the wake of an improved take on the economy by the U.S. Federal Reserve. Traders were seemingly unfazed at data released Thursday showing that U.S. retail sales fell unexpectedly in July while more Americans filed for unemployment benefits. The S&P/TSX […]

By Staff |August 13, 2009

2 min read

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Market Insights

A.M. market numbers: August 12, 2009

North American stock markets are likely headed for a flat open Wednesday as investors await a mid-afternoon announcement from the U.S. Federal Reserve on interest rates. Toronto and New York markets have lost ground the last two days as investors search for fresh signs the U.S. economy is strengthening and pulling out of its recession. […]

By Staff |August 12, 2009

4 min read

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Market Insights

P.M. market numbers: August 12, 2009

The Toronto stock market racked up a slight gain after the U.S. Federal Reserve delivered a relatively upbeat take on the economy while adding that a slow recovery means that interest rates will stay low for “an extended period.” The S&P/TSX composite index rose 30.4 points to 10,659.87 with most of the strength coming from […]

By Staff |August 12, 2009

2 min read

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A.M. market numbers: August 11, 2009

The Toronto stock market could benefit from higher commodity prices at the open while investors took in data showing a drop in housing starts last month. Canada Mortgage and Housing Corp. said the seasonally adjusted annual rate of housing starts decreased to 132,100 units in July from 137,800 units in June. CMHC said the dip […]

By Staff |August 11, 2009

3 min read

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P.M. market numbers: August 11, 2009

The Toronto stock market tumbled as investors took profits from the five-month-old rally following a warning about the financial sector’s health and ahead of Wednesday’s interest rate announcement by the U.S. Federal Reserve. The S&P/TSX composite index dropped 164.2 points to 10,629.47. The TSX loss followed a 92-point slide Monday. However, the Toronto market is […]

By Staff |August 11, 2009

2 min read

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Market Insights

P.M. market numbers: August 10, 2009

The Toronto stock market closed lower Monday as investors pocketed some profits after four weeks of solid gains. The S&P/TSX composite index lost 91.66 points to 10,793.67, which all but wiped out last week’s gain of almost one per cent that followed a much better than expected U.S. employment report for July. On Monday, weakness […]

By Staff |August 10, 2009

2 min read

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