The Canadian stock market edged higher yesterday as the financial sector was aided by hopes that a resolution to Greece’s debt woes was near, but resource stocks were pressured by volatile commodity prices which kept any big gains in check for the day. The heavily weighted TSX financials sector gained 1.3% in expectation of [...]

Canada’s main stock index rallied yesterday as commodity prices got a major lift from a weakened U.S. dollar. Investors sought riskier assets and the potential for higher rates of return on speculation that a rescue plan was in the works for Greece’s debt problems.
Stock markets were boosted by speculation that a special European Union [...]

Toronto’s main stock index sank 0.96% yesterday as investor confidence was again rattled by worries over fallout from European sovereign debt troubles. Investors in the stock markets are worried about the fiscal health of some smaller euro zone countries. Specifically, European debt, with Greece, Portugal and Spain and until we get some [...]

Canadian stock markets fought their way to a higher close on Friday, helped by heavyweight gold miners, after touching a 3-month low earlier in the day. The gold miners were helped higher by firmer gold prices, which rebounded from sharply lower levels earlier in the day. Investors were also repositioning at the end [...]

Canada’s main stock index dropped yesterday. The index incurred its steepest percentage drop since early October as investor confidence was shaken by intensifying concerns about sovereign debt in some euro zone countries, specifically Greece. Those worries have raised questions about the sustainability of public finances in other euro zone countries, such as Spain [...]

Canada’s main stock index ended slightly lower yesterday as investors grew cautious after 2 straight days of big gains and a stronger U.S. dollar (or greenback) pressured commodity prices, weighing on mining shares. Commodity prices continue to feel downward pressure from Chinese monetary tightening and European credit problems reflected an uncertain outlook for the [...]

Canada’s main stock index rose for a 2nd straight day yesterday as U.S. corporate results and economic data boosted optimism about the global economic recovery. Stock markets rose globally as investor’s embraced risk taking. Investor sentiment improved in part by reassuring U.S. corporate results and data that showed pending sales of previously [...]

Canada’s main stock market index rose sharply yesterday starting February with a bang as U.S. manufacturing data helped fuel optimism about the global economic recovery.
Oil prices rose to $75 a barrel, up about 2%, as support from a weaker U.S. dollar, higher U.S. stocks, and an oil spill in Texas (which limited crude oil deliveries [...]

Canada’s main stock index dropped 1.6% on Friday to close at its lowest level in 3 months, pressured by weak commodity prices after stronger than expected U.S. economic data sparked a rally in the U.S. dollar (a.k.a. greenback). The heavyweight energy & materials sectors were among 2 of the big drags on the index, [...]