Investments

Caution returns to markets

The Toronto stock market ended Friday trading with a solid gain in a broad-based advance, reflecting confidence that the spring rally still has legs. The S&P/TSX composite index closed up 166.45 points to 10,287.95 as American economic data raised hopes that an economic recovery will be in place by the end of the year. Economic […]

By Staff |June 19, 2009

2 min read

Market numbers: Thursday, June 18, 2009

Stock markets are likely in for a flat opening following a string of losses amid news that Canada’s annual inflation rate fell to virtually zero last month. Statistics Canada said Thursday overall annual inflation stood at 0.1% in May, reflecting lower costs for energy. That was down from 0.4% the previous month. The Canadian dollar […]

By Staff |June 18, 2009

3 min read

American economic data sends stocks higher

A better than expected outlook on the American economy helped snap a four-day losing streak on the Toronto stock market, which remains substantially below where it was last week. The S&P/TSX composite index moved 55.39 points higher to 10,121.5, led by rising financials and base metal stocks. The previous four days going back to last […]

By Staff |June 18, 2009

2 min read

Market numbers: Wednesday, June 17, 2009

The Toronto stock market could be hard-pressed to snap a three-session losing streak as oil prices continue to backtrack and investors question how quickly the U.S. economy can bounce back. The main TSX index is coming off an 87-point loss, which was led by falling energy and mining stocks. Those two groups have led big […]

By Staff |June 17, 2009

3 min read