Investments

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

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

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

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