Market Insights

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

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

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

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