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Stocks, commodities drop after last week’s big rally
Stocks and commodities are both taking a hit today following last week’s explosive rally. As of 2:49 pm EDT, all the major North American equity indexes were in the red, with Toronto’s lead index down...
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Toronto stocks down following news U.S. economy shrank in Q4
Toronto’s lead equity index is down slightly in early afternoon trading Wednesday, following news that the U.S. economy unexpectedly shrank in the final quarter of 2012 by 0.1 per cent, well below...
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Dow hits record high, S&P 500 within 2% of 2007 peak while Toronto index lags
The Dow Jones Industrial Average surged more than 126 points Tuesday to close at a new all-time high of 14,253.80, finally recovering all the losses incurred by the blue chip index of U.S. stocks in...
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S&P closes in on record high as U.S., Canada report robust job gains
Strong monthly employment reports on both sides of the Canada-U.S. border pushed the major stock market indexes to higher ground on Friday. In New York, the Dow Jones Industrial Average and the more...
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Stock markets suffer deep losses as gold, oil prices plunge
North American stock market indexes are suffering steep declines in afternoon trading Monday, with weaker-than-expected first-quarter growth in China triggering a meltdown in gold and other...
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Gold, energy stocks lead Toronto index higher Monday afternoon
Beaten-down energy and gold mining stocks are leading the Toronto Stock Exchange’s main index to modest gains in Monday afternoon trading. As of about 2:15 pm EDT, the S&P/TSX Composite Index is up...
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Another day, another painful selloff on stock markets
Stock markets suffered another day of hefty losses Wednesday, with Toronto’s lead equity index plunging 118 points or nearly one per cent to close at 12,105.49. The latest decline in the S&P/TSX...
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Stock markets snap back, end recent losing skid
Stock markets in Toronto and New York rallied Thursday, as bargain hunters snapped up beaten-down dividend stocks. Toronto’s benchmark S&P/TSX Composite Index gained 167 points or 1.4 per cent to...
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Stock markets clobbered in wake of Fed’s plan to taper stimulus program
Stock markets in Toronto and New York took a beating Thursday after U.S. Federal Reserve Board Chairman Ben Bernanke signalled Wednesday that the Fed is preparing to scale back its $85 billion US of...
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Stock markets push higher as Q2 earnings season kicks off
Stock markets in Canada and the U.S. advanced Tuesday on hopes that second-quarter earnings will exceed market forecasts. In New York, the Dow Jones Industrial Average gained more than 75 points to...
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Stocks soar on Bernanke stimulus talk; Dow, S&P 500 hit new record highs
Stock markets soared Thursday after U.S. Federal Reserve Board Chairman Ben Bernanke reassured investors that monetary policy will remain “highly accommodative” for the forseeable future. In New York,...
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U.S. stocks sink, TSX gains on rising gold prices
U.S. stocks suffered their biggest one-day declines since June on Thursday, as signs continue to mount that a rebounding U.S. economy may prompt the Federal Reserve Board to begin tapering its bond...
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Stock markets take a beating over threat of military action in Syria
Stock markets plunged across the board Tuesday as the threat of U.S. military intervention in Syria drew closer, and evidence mounted that the recent correction in U.S. equities is not over. In New...
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Crumbling gold prices trigger 124-point drop on TSX
Just when gold bugs thought it was safe to get back into the water, bullion prices are getting crushed once again. Gold futures for December delivery dropped 2.4 per cent Thursday to close just above...
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Fed balks at immediately tapering bond purchases; stocks, gold and oil all soar
Stock markets jumped sharply Wednesday, after the U.S. Federal Reserve Board announced that it will continue its $85 billion US of monthly bond purchases rather than start tapering now, as most...
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Hirsch warns Alberta exports could take hit as U.S. shutdown enters third day
Stock markets are in the red Thursday morning as a U.S. government shutdown enters its third day. The Dow Jones Industrial Average is down about 131 points, the S&P 500 Index is off 16 points, and...
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TSX ends month with 94-point loss, but up 4.5 per cent in October
The Toronto Stock Exchange’s benchmark index closed Thursday with a loss of 94 points or 0.7 per cent, with gold stocks leading on the downside as bullion prices got whacked. In New York, all the major...
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Stock markets post modest gains at mid-day; grocery stocks slammed
North American stock market indexes are up modestly in mid-afternoon trading Wednesday. As of about 1:55 pm EST, Toronto’s lead index is ahead by 24 points, the S&P 500 Index up about eight points,...
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Stock markets mixed as S&P 500 heads for biggest weekly loss since August
Major stock market indexes in Canada and the U.S. are mixed in mid-afternoon trading Friday, as traders speculate on whether Fed policy makers may announce plans to begin tapering $85 billion US of...
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Stock markets, commodities up across the board Monday
Stocks and commodities are posting strong gains in mid-afternoon trading Monday. Toronto’s benchmark S&P/TSX Composite Index is ahead by nearly 86 points to 13,211.62 at about 1:54 pm EST. In New...
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