Investments

Market wrap: July 3, 2009

The Toronto stock market ended the week flat as investors weighed weak oil prices with good news out of the base metals sector. The S&P/TSX composite index inched up 37.19 points to 10,283.10 Friday, led by news that mining giant Teck Resources Ltd. has sold a 17.5% stake in the company to lighten its debt […]

By Staff |July 3, 2009

3 min read

Market numbers: Thursday, July 2, 2009

North American markets appear headed for a lower open as investors cope with concerns about rising unemployment in the U.S. The U.S. Labor Department’s unemployment figures for last month are due out before the markets open. Economists expect the country’s jobless rate rose to 9.6% last month from 9.4% in May, potentially marking a 26-year […]

By Staff |July 2, 2009

2 min read

Canadian, U.S. markets tumble on worse than expected jobs data, lower oil prices

The energy sector led the Toronto stock market to a lower close Thursday amid disappointing data that showed the U.S. unemployment rate at its highest point since 1983. The S&P/TSX composite index was down 129 points at 10,245.91 as the August crude contract on the New York Mercantile Exchange fell US$2.58 to $66.73 a barrel […]

By Staff |July 2, 2009

3 min read

Market numbers: Tuesday, June 30, 2009

North American stock markets are likely in for a flat opening on the last day of a solid second quarter. Toronto’s S&P/TSX composite index is coming off a five-session string of advances and rose 87 points on Monday thanks to rising oil and banking stocks. The rise was the latest positive showing in the April-June […]

By Staff |June 30, 2009

3 min read