Wilfred Vos’ Blog

Canada’s stock market posted its steepest 1 day gain in just over 10 weeks on Friday, led by strong resource and financial issues, after Federal Reserve Chairman Ben Bernanke said the U.S. central bank was ready to take further steps to aid the recovery. Bernanke downplayed concerns that the United States might slip back [...]

Investors remain cautious

August 23rd, 2010

Canada’s main stock index rebounded late on Friday and eked out a small gain as banks and financial services companies offset oil and gas shares, which fell with oil prices on concern that the global economic recovery is faltering. The Toronto Stock Exchange’s S&P/TSX composite index ended the day up 11.89 points, or 0.1%, [...]

Canada’s main stock index ended lower on Friday as weaker than expected Gross Domestic Product (GDP) data fueled investor fears about a slow recovery. In turn, influential energy and financial shares led declines after U.S. growth slowed in the 2nd quarter, adding to anxiety about the longer-term outlook.
The Toronto Stock Exchange’s S&P/TSX composite index [...]

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