Canadian stock markets closed higher Friday after Federal Reserve chairman Ben Bernanke said the U.S. central bank has the tools to keep America’s economic recovery on track.  The S&P/TSX composite index was down over 200 points in the morning but ended the day up 43.2 points at 12,327.51.  The index was up 2.66% for the [...]

The Canadian stock market had a triple-digit loss on Friday as investors worried a bit more about whether the U.S. and global economies are headed for another recession that could hurt corporate earnings or profits while hitting consumer confidence.
The S&P /TSX composite index lost 179.24 points to 12,007.47, down another 1.5%. It’s still slightly ahead [...]

Things gathered some more steam this morning, reflecting mounting concerns the economy is heading into another recession and as some European lenders faced a short-term funding crunch, highlighting the risk of another banking crisis.
Nervous investors fled to the safety of core government bonds, Swiss francs and gold, which hit a record high.  European shares extended [...]

The Canadian stock market followed global stock markets lower today.  The Canadian index closed nearly 400 points lower amid a global sell-off sparked by weak economic reports that spooked already nervous investors with an increased possibility of another recession.  The S&P/TSX composite index was down 392.9 points at 12,186.71 or 3.12%.
These fears sent gold up [...]

The Canadian stock market finished with little change Friday as a strong U.S. retail sales report raised hopes that a market bottom is near after 3 weeks of intense volatility that brought the Canadian index well into official correction or bear market territory.
The S&P /TSX composite index added 2.4 points to 12,542.2, weighed down by [...]

The Canadian stock market finished little changed Friday as a strong U.S. retail sales report raised hopes that a market bottom is near after 3 weeks of intense volatility that brought the Canadian index well into official correction or bear market territory.
The S&P /TSX composite index added 2.4 points to 12,542.2, weighed down by declines [...]

The Canadian stock market jumped yesterday by more than 400 points as investors bought up stocks across all sectors that had been beaten down in price during a series of drops that brought the TSX to its lowest level in a year.
The S&P /TSX composite index jumped 438.3 points or 3.76% to 12,109.26, even as [...]

Things are rebounding this morning!
Today the U.S. Federal Reserve is scheduled to release a statement later this afternoon and investors will look for clues on how it may combat a market meltdown linked to fears of a new recession.
In the 1st day since the United States lost the highest credit rating, equities suffered a massive [...]

The S&P/TSX composite index closed with a loss of 491.75 points, or 4.04%, at 11,670.42. It has now lost 1,145 points over 3 trading days.   The Canadian stock market followed global equity lower; it was the news of the United States that moved everything around the world today.

In the United [...]

The Canadian stock market was down sharply Friday as a stronger than expected U.S. jobs report failed to provide investors with sufficient comfort to offset worries about a slowing American economy and a lack of leadership in coming to grips with the U.S or the European debt crisis.
It was another “yo-yo” day, with the S&P/TSX [...]