Market Insights

A.M. market numbers: August 25, 2009

North American stock markets looked set for a higher open Tuesday as Bank of Montreal kicked off the banks’ earnings season by beating expectations, while investors were relieved at reports that U.S. Federal Reserve chairman Ben Bernanke will be reappointed for another term. Bank of Montreal reported net income of $557 million or 97 cents […]

By Staff |August 25, 2009

3 min read

P.M. numbers: August 25, 2009

Bank of Montreal helped spark a rally in the financial sector and send the Toronto stock market sharply higher with quarterly profits that beat expectations. The S&P/TSX composite index moved 130.56 points higher to 10,920.53 after the bank reported quarterly profit of of $557 million or 97 cents a share for the quarter ended July […]

By Staff |August 25, 2009

2 min read

A.M. market numbers: August 24, 2009

North American stock markets looked set for a higher open Monday, adding to gains from the end of last week after U.S. Federal Reserve chairman Ben Bernanke declared that the economy is on the verge of recovery. In New York the Dow futures rose 34 points to 9,523, the Nasdaq futures were ahead 2.75 points […]

By Staff |August 24, 2009

2 min read

P.M. market numbers: August 24, 2009

The Toronto stock market closed lower Monday as financial stocks turned negative a day before the big Canadian banks start reporting quarterly earnings while energy stocks were flat even as oil prices continued to climb. The S&P/TSX composite index closed down 41.21 points to 10,789.97. The Toronto energy sector rose 0.41% as oil prices continued […]

By Staff |August 24, 2009

2 min read