Wilfred Vos’ Blog

The Canadian stock market surged Friday as investors bought stocks across the board following steep declines earlier in the week over worries that high oil prices resulting from anti-government protests in Libya could derail the economic recovery.  The S&P/TSX composite index closed up 184.82 points at 14,052.13.  The market had closed lower all week as [...]

The Canadian stock market closed slightly lower Friday as geopolitical concerns boosted oil prices and mining stocks continued to decline amid a sharp drop in the price of copper last week.  Higher demand from emerging economies, such as China, and supply worries have pushed copper prices up more than 60% from the lows of mid-summer [...]

The Canadian stock market closed lower on Friday as energy stocks declined alongside oil prices which fell after Egyptian president Hosni Mubarak stepped down amid widespread protests.  Oil fell $1.15 to a 10-week low of US$85.58 a barrel; prices had surged as high as US$92 amid concerns about the Suez Canal remaining open during the [...]

Oil and gold prices fall back

February 7th, 2011

The TSX gained 2.6 per cent last week, paced by gains in energy, mining and financial stocks.
The Toronto stock market closed lower Friday, as oil and gold prices fell back on hopes for an end to the political protests in Egypt and the U.S. dollar that strengthened despite data showing far less U.S. job creation [...]

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