Stock markets around the world took a beating today as investors grew ever more pessimistic about the global economy with evidence mounting that a serious slowdown may be under way. The S&P/TSX composite index plunged 435.89 points or 3.40% to 12,380.13, its biggest 1-day decline since late June 2009.
Just a couple of weeks ago, [...]
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The Canadian stock market closed sharply lower Friday as investors sold off stocks amid worse than expected economic figures for Canada and the United States. Investors also looked for the next move in resolving the U.S. debt crisis. The S&P /TSX composite index fell 102.16 points to 12,945.63 or 0.78%. The S&P/TSX lost 549 points [...]
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Global stock markets dropped today as relief over the rise of the U.S. debt ceiling was countered by rising worries that economic weakness seen in the 1st half of the year was not just temporary. The S&P/TSX composite index fell 193.31 points to 12,752.32 or 1.49%. The S&P/TSX has fallen for 5 [...]
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The Canadian stock market closed in positive territory Friday after investors took in rising commodity prices and mixed Canadian economic data. The S&P/TSX composite index added 60.33 points to 13,494.63, with the gold-heavy materials index leading the way higher.
The main stock index ended the week 195.09 points, or 1.46% higher.
The Canadian dollar fell following [...]
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The Canadian stock market index closed up Friday, with strength in energy shares helping to offset government data showing a 0.8% decline in manufacturing sales. The energy sector led the market higher but has also been fairly hard hit during the correction earlier in the year so there is a bit of a rebound. [...]
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The Canadian stock market closed lower Friday as pressure from a weak U.S. employment report offset upbeat June data on the Canadian jobs market. Statistics Canada reported that 28,400 jobs were created in Canada in June, almost twice the number of new jobs analysts were expecting, while just 18,000 jobs were created in the U.S. [...]
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The Canadian stock market ended up Thursday with a 4th consecutive daily gain. The S&P/TSX composite index added 111.93 points to 13,300.87, with every sector posting gains just before the market closed ahead of the long, Canada Day weekend. The index ended the week up 391.98 points or about 3.0% for the week, with Thursday [...]
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The Canadian stock market was little changed Friday as a disappointing outlook from Research In Motion (RIM) triggered a 21% decline in the BlackBerry maker’s stock while investors felt a bit better that Greece could avoid a default on its huge debts in the short-term.
The S&P/TSX composite index fell 63.17 points to 12,789.95. Investors [...]
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The Canadian stock market closed sharply lower Friday at the end of another negative week as rising worries about slowing economic global growth pushed stocks lower. The S&P /TSX composite index dropped 171.74 points to 13,084. The United States, China and India are slowing their growth and they’re doing it intentionally in China and India. [...]
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Canada’s stock market fell on Friday as disappointing U.S. jobs data dampened investor sentiment, though a rise in gold prices helped erase large early losses. Investors were shocked to learn that employment growth in the U.S. economy has slowed, the U.S. created just 54,000 jobs in May, well below the reduced expectations that followed an [...]
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