Canada’s main stock index closed almost 3% lower yesterday and erased much of last week’s gains as troubles in the auto sector and the European banking industry rattled investor sentiment. Canadian banks and insurers led the indexes down as news of additional bank rescues in Europe unsettled investors who had bought up financial stocks [...]

Canada’s main stock index closed lower yesterday as a slide in oil prices translated into a drop for the energy sector. Disappointing debt auctions in the United Kingdom and the United States (investors are not scrambling to invest in more U.K. or U.S. debt) spooked stocks in their yo-yo session and hurt investor sentiment [...]

Canada’s main stock index fell yesterday because of a slide in oil prices. Upcoming data is expected to show an increase in crude stockpiles. The energy group led all sectors lower with a 2.7% followed by a 2% drop by the financial group. The S&P/TSX composite index fell 1.22% a day after [...]

You have to be invested to catch a rebound and you don’t want to miss the big days on the upside (as painful as the bad days can be on the downside).
Yesterday, Canada’s main stock index surged more than 5% to its highest close in 6 weeks (yes, only 6 weeks but… these 2 [...]

Canada’s main stock index stumbled on Friday, closing lower for the first time in 9 days, as oil prices declined, pushing shares of the energy sector lower. Financials dropped further after their big gains.
We are also seeing a lot of profit taking coming in. The S&P/TSX composite index ended down 2.12% ending a [...]

The Canadian stock market rally continued for an 8th straight day yesterday as commodity stocks took off following the latest moves by the U.S. Federal Reserve to break the credit crisis, getting lending going again and reduce the cost of borrowing money for business and consumers.
Toronto’s S&P/TSX composite index rose 0.71% to 8,690.49, [...]

As if 7 straight days are not good enough, things are looking like they will continue for an 8th day today. In North America it will be a little touch and go but that hasn’t stopped the market in the past! It is very clear that things can go in either direction pretty [...]

Canada’s main stock index closed higher for a 6th straight day yesterday with the latest advance led by the energy sector as the price of oil rose. It is the index’s highest closing level in more than a month as improved investor sentiment has helped the stock market rally sharply from the five-year low [...]

Canada’s main stock index ended at its highest closing level in more than a month yesterday as bank shares got a boost after Britain’s Barclays Bank said it had a strong start to the current calendar year.
The level of confidence appears to be improving in the financials as the financial sector is up a staggering [...]

Stock markets enjoyed another positive day on Friday, stretching a remarkable rally in Toronto and New York to 4 days (maybe 5 after today) largely sparked by good news from the financial sector.
Canada’s main stock index the S&P/TSX composite index gained by 0.26% and advanced 9.5% for the week keeping pace with the global [...]