No shortage of news today! Whispers, rumors and closed door meetings in anticipation of today’s big announcements sent stock markets on a yo-yo ride yesterday but stock markets did manage to reverse significant initial losses and end up!
Stocks rose yesterday amid investor optimism that the government will act to prevent the year-long recession from [...]

The Toronto Composite Index fell 3.1% yesterday eliminating the year-to-date gains for the index as ‘fear’ about upcoming corporate earnings ‘season’ and the state of the global economy weighed on investor sentiment. A former stock market darling Nortel Networks shares dropped on news that it has filed for bankruptcy protection.
Nortel Networks Corp, North America’s [...]

Stocks fell on Friday as both Canadian and U.S. government data showed the labor market deteriorated further in December, raising investor concerns about the outlook for profits, spending and a deepening recession.
U.S. payrolls were cut slightly less than expected, but the U.S. jobless rate climbed to its highest in nearly 16 years and the number [...]

The Toronto Stock Exchange main index finished higher yesterday thanks to a late day jump from the materials group. This jump was assisted by strength in gold mining issues as the price of bullion rose by almost 2% and the $US declined in value. Financial and energy stocks were also modestly higher, [...]

Stocks suffered their worst daily decline since December 1, 2008 yesterday after a “grim” private sector jobs report in the United States, coupled with a revenue warning from the largest computer chip maker Intel (a technology bellwether), revived deep investor concerns about the global economy. In addition, energy prices slid after data showed expanding [...]

Stocks have rebounded in Canada for a 6th straight day (today we will likely see some headwinds and profit taking as stocks are not as cheap as they were a month ago) and appreciated in value by 2.01%. The TSX leadership came from strength across its three biggest sectors by weighted market capitalization — [...]

Global Equity Markets were mixed yesterday with commodity heavy indices appreciating and U.S. equities declining.
Yesterday (and this morning) oil prices continued to appreciate in value with the reduction of supply and the continued political conflict between Russia and Ukraine and the violence in the Middle East. This morning oil is trading above $48 [...]

Happy New Year!
Stocks markets started the year with a bang on Friday - the first trading session of 2009!
Investors looked beyond yet another “grim” economic announcement and firmly embraced their hopes of a recovery in the current calendar year after a disastrous 2008. Investors seemed to be discounting economic data, including Friday’s release showing [...]