The Canadian stock market dropped another day with another steep decline on Friday, the 3rd in a string of sell-offs.  Investors have fled the vulnerability of stocks as the world wrestles with the real possibility of another recession.
The key story on Friday was the steep decline in gold prices and precious metals which helped push [...]

Fears of a global recession set in and sent the Canadian stock market into a downward tailspin after the U.S. central bank delivered a blunt warning about worsening economic prospects.  The S&P /TSX composite index tumbled 392.5 points or 3.29% to 11,562.51 after the Federal Reserve warned there are “significant downside risks to the economic [...]

The S&P /TSX composite index fell 254.87 points or 2% yesterday to 11,955.01 responding to the U.S. stock markets.  U.S. stocks fell sharply Wednesday after the Federal Reserve moved to lower interest rates on consumer loans with a $400 billion debt-swap program that was widely expected, and noted “significant downside risks” to the economic forecast. [...]

The Canadian stock market posted a triple-digit loss Friday as a drop in Canadian technology heavyweight Research in Motion (RIM) shares price led the way.  The S&P /TSX composite index dropped 161.13 points or 1.22% to 12,263.71 as the information technology sector, as well as the influential financial, energy and mining sectors dragged it lower.  [...]

The Canadian stock market closed down nearly 300 points Friday as investors worried over weaker than expected Canadian jobs figures, a U.S. employment plan and the sudden resignation of a European Union official.  The S&P /TSX composite index lost 296.4 points or more than 2% to 12,387.54. That erased the index’s earlier gains and left [...]

Canadian stock markets dropped Friday before the long-weekend as the United States registered no job growth in the month of August, which increased investor worries about whether the U.S. can avoid slipping back into another recession.  Things were further compounded as previously reported job data for June and July were also revised lower and the [...]