Index Daily Change
S&P/TSX composite index 1.09% Drop
Dow Jones industrial average 1.90% Drop
Standard & Poor’s 500 Index 2.34% Drop
Nasdaq Composite Index 2.04% Drop
Europe’s worsening debt crisis is intensifying pressure on policy makers (governments) to widen a bailout package beyond Greece after a cut in the nation’s debt rating to junk drove up borrowing costs from Italy to Portugal and Ireland. [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.85% Drop
Dow Jones industrial average 0.94% Gain
Standard & Poor’s 500 Index 1.12% Gain
Nasdaq Composite Index 1.58% Gain
Canadian stock markets jumped yesterday as bank shares led a strong advance to close at its highest level in nearly 19 months, encouraged by forecast-beating results from U.S. bank JP Morgan. Upbeat U.S. economic data and firmer commodity [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.39% Down
Dow Jones industrial average 0.13% Gain
Standard & Poor’s 500 Index 0.07% Gain
Nasdaq Composite Index 0.33% Gain
Canada’s main stock index closed lower for a 2nd straight day yesterday as the material and energy sectors were hit hard by slipping commodity prices and a soft earnings report from U.S. aluminum giant Alcoa. Oil prices dropped [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.23% Drop
Dow Jones industrial average 0.08% Gain
Standard & Poor’s 500 Index 0.18% Gain
Nasdaq Composite Index 0.16% Gain
Canada’s main stock market ended down slightly yesterday, pulling back from an 18-month high as initial optimism over a Greek debt deal faded, while retreating metal prices pulled down mining shares. The stock market charged to its highest [...]
Filed under: Commentary | Comments Off
Index Daily Change Weekly Change
S&P/TSX composite index 0.52% Gain 0.20% Gain
Dow Jones industrial average 0.64% Gain 0.60% Gain
Standard & Poor’s 500 Index 0.67% Gain 1.40% Gain
Nasdaq Composite Index 0.71% Gain 2.10% Gain
The Canadian stock market finished a volatile week higher on Friday with broad gains backed by a rise in the price of key metals and optimism that Canada’s economic recovery is on track. [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.02% Gain
Dow Jones industrial average 0.27% Gain
Standard & Poor’s 500 Index 0.34% Gain
Nasdaq Composite Index 0.23% Gain
The Canadian stock market ended slightly higher yesterday, rebounding from steep losses early in the day as oil prices climbed back from lows and optimism grew about the global recovery. The leader in the bounce was the heavily [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.38% Drop
Dow Jones industrial average 0.66% Drop
Standard & Poor’s 500 Index 0.59% Drop
Nasdaq Composite Index 0.23% Drop
Canada’s main stock market ended lower for a 2nd straight day yesterday, pulled down in a broad sell-off that was led by the energy sector, while firm gold prices offset a portion the overall losses. Within the index, [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.24% Drop
Dow Jones industrial average 0.03% Drop
Standard & Poor’s 500 Index 0.17% Gain
Nasdaq Composite Index 0.30% Gain
The Canadian stock market fell yesterday with the energy sector the leading laggard as investors took profits after 2 days of gains. The Canadian dollar made Canadian news as it hit parity with the U.S. dollar for the [...]
Filed under: Commentary | Comments Off
Index Daily Change
S&P/TSX composite index 0.29% Gain
Dow Jones industrial average 0.43% Gain
Standard & Poor’s 500 Index 0.79% Gain
Nasdaq Composite Index 1.12% Gain
The Canadian stock market hit an 18-month high yesterday before relinquishing some gains, as rising oil prices and firm U.S. economic data bolstered hopes for a sustained recovery (if not an outright expansion). Investors welcomed new reports that [...]
Filed under: Commentary | Comments Off
Index Daily Change Weekly Change
S&P/TSX composite index 0.94% Gain 1.60% Gain
Dow Jones industrial average 0.65% Gain 0.70% Gain
Standard & Poor’s 500 Index 0.74% Gain 1.00% Gain
Nasdaq Composite Index 0.19% Gain 0.30% Gain
The Canadian stock market moved higher on Thursday as upbeat economic data prompted buying of commodities at the start of the 2nd quarter, but a steep slide by Research In Motion (RIM) tempered the [...]
Filed under: Commentary | Comments Off