Canada’s stock market inched higher last Friday advancing for an 8th straight day as a stronger than expected U.S. employment report eased fears about a slow global economic recovery. Data showed U.S. nonfarm employment fell less than forecast in August, while private payrolls growth was higher than expected.
Financials which are highly correlated to the [...]

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 [...]

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 [...]

Canada’s main stock market ended a choppy day higher on Friday, capping off a strong week due to positive global economic signals and a further round of solid North American earnings reports.  Canadian mining shares were higher as commodity prices advanced.  A strong profit forecast at Canadian National Railway (CNR) strengthened confidence that 2nd quarter [...]

Canada’s main stock index rose more than 1.0% on Friday, rallying for a 4th consecutive day as stunning jobs data lifted investor confidence in Canada, while firm resource prices helped materials lead the gains. Materials were up 2.3%, rebounding from Thursday’s selloff, as the price of gold moved back above $1,200 an ounce. As [...]

On Friday the Canadian stock market hit its lowest level in more than 4 months as resource issues, particularly gold miners, stumbled heavily to start the 3rd quarter of the year. Gold shares were hurting after prices were hit hard on Thursday, when Canadian markets were closed for Canada day. The index’s materials sector, [...]

Canada’s main stock market dropped yesterday as slowing growth in China, worry over looming euro-zone bank repayments, and a drop in U.S. consumer confidence unnerved investors around the world. China’s exports face “strong headwinds” in the 2nd half of the year from policy tightening measures and the European debt crisis which reduce the prospects [...]

Canada’s main stock index ended lower in volatile trading yesterday as energy and financial shares dropped on economic uncertainty and offset gains by surging gold issues. Markets continue to fret about the uncertainty in Europe. With ongoing fears about euro zone debt contagion causing investors to flee to safe-haven assets, gold rallied to [...]

Canada’s main stock index fell more than 2% on Friday, following disappointing May jobs figures in the United States and worries that Hungary may be the latest casualty of Europe’s fiscal woes. In short, sovereign debt fears and issues are rising and spreading.
The weak U.S. employment report coupled with a Hungarian official warning [...]