Canadian stock markets dipped on Friday and the recent gains posted by the Canadian currency played a large role in the only loss posted by the S&P/TSX Composite index for the week. The Canadian dollar, pushed higher on Friday as data showed unexpected strength in the Canadian jobs market, created discomfort for companies who [...]

Canadian stock markets jumped and posted triple-digit gains for a 4th day yesterday as firm commodity prices and fresh signs of a global economic recovery fueled stock markets led by commodity shares. The S&P/TSX Composite Index has a heavy weighting in resource shares which benefited from record high gold prices, a weaker U.S. dollar [...]

The Canadian stock market posted its 3rd consecutive day of triple-digit gains yesterday in a week that has already seen the index climb 3.6%. The S&P/TSX composite index added 101.91 points to 11,349.88 or 0.91%. Most sectors turned positive towards the end of the day on continuing strength in metals prices and investor confidence [...]

Canada’s main stock index advanced yesterday as economic recovery hopes got an unexpected boost and record high gold prices lifted gold and materials shares. Gold prices hit a record high above $1,040 an ounce. Energy shares got a boost after a U.S. government agency raised its forecast for world oil demand for the [...]

Canada’s main stock index finished more than 1% higher yesterday as investor optimism returned to stock markets following a two-week slide, buying up shares of banks and oil and gas companies. Some of the positive sentiment that boosted all 10 of the index’s main sectors was rooted in U.S. data that showed the services [...]

Canadian stock markets closed lower Friday and finished its 2nd weekly loss in a row as a string of disappointing economic data that ended with a U.S. jobs report that widely missed expectations. Collectively, the data has raised more doubts that the rally in stocks since early March can be sustained. The S&P/TSX composite [...]

Canada’s main stock index slid nearly 3% to its lowest close in more than 3 weeks, hit by a mix of declining commodity prices and weak data from the United States. This raised concerns about the strength and sustainability of the global economic recovery thereby, raising fears of a double dip recessions commonly revered [...]

Canada’s main stock index closed little changed yesterday as several large cap stocks kept the index from adding to already hefty monthly and quarterly gains. The S&P/TSX composite index ended almost unchanged, the TSX ended the month up 4.8% and rose 9.8% for the quarter. The intra-day volatility in the stock market was [...]