Investments

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Market Insights

A.M. market numbers: August 10, 2009

The Toronto stock market looked to a flat opening Monday morning after better-than-expected news about U.S. job losses helped the main index rise almost % last week. U.S. futures also pointed to a tepid opening ahead of a week where key retailers such as Wal-Mart Stores Inc. and Macy’s Inc. will report earnings. Investors will […]

By Staff |August 10, 2009

3 min read

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Market Insights

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

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Market Insights

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

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Market Insights

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

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Market Insights

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

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Market Insights

P.M. market numbers: August 6, 2009

The Toronto stock market fell to a sharp loss Thursday amid news that Canada’s largest insurance company will cut its dividend in half. The S&P/TSX composite index lost 253.56 points or 2.3% to 10,793.37, reversing four consecutive days of gains that had seen Toronto’s main index add more than five per cent. Other insurance companies […]

By Staff |August 6, 2009

2 min read

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Market Insights

A.M. Market numbers: Wednesday, August 5, 2009

North American markets appeared headed for a flat open Wednesday as investors hesitate to make big bets ahead of key economic data, including Friday’s looming U.S. jobs report. Overseas markets were mixed, with European indexes posting modest gains after earlier losses in Asia. Bailed-out British bank Lloyds Banking Group PLC said most of its bad […]

By Staff |August 5, 2009

3 min read

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Market Insights

P.M. market numbers: August 5, 2009

The Toronto stock market ended Wednesday in positive territory, posting a small gain as oil prices and the base metals sector provided lift for the second day in a row. The S&P/TSX composite index inched up 28.83 points to end the day at 11,046.93, a day after a 230-point surge saw it climb to close […]

By Staff |August 5, 2009

2 min read

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Market Insights

A.M. Market numbers: Tuesday, August 4, 2009

The Toronto stock market appeared set for a higher open Tuesday following a day of broad-based gains for U.S. markets. Reports on manufacturing, housing and banking sent New York markets sharply higher Monday while Toronto was closed for the civic holiday. The S&P 500 broke above 1,000 points Monday for the first time in nine […]

By Staff |August 4, 2009

2 min read

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Market Insights

P.M. market numbers: August 4, 2009

The Toronto stock market has closed above 11,000 points for the first time in 10 months. The S&P/TSX composite index soared 230.95 points to 11,018.10 today, surpassing the 11,000 mark in the final moments of trading for the first time since October 1, 2008. The Toronto index was playing catch-up with New York markets, which […]

By Staff |August 4, 2009

2 min read

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