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Losses in the energy sector led Canada’s main stock index lower on Friday, while U.S. stock markets rose to new records. Both Canada and the U.S. saw fresh jobs data today that came in weaker than expected, solidifying bets on both sides of the border for upcoming interest rate cuts. …
Read More »S&P/TSX composite closes down Friday along with U.S. markets
Canada’s main stock index closed lower Friday on broad-based losses, while U.S. stock markets also closed down despite earlier gains. The S&P/TSX composite index ended down 66.37 points at 21,875.79 as energy and industrials fell. The Canadian market was showing some pressure after lukewarm growth indications. Statistics Canada said Friday …
Read More »S&P/TSX composite closes up as industrial, metal stocks rise in ‘floating pattern’
Canada’s main stock index stayed nearly flat Wednesday as shares bobbed along in what one portfolio manager calls a “floating pattern.” The S&P/TSX composite index crept up 5.42 points to 21,793.90 on the strength of the base metal and industrial sectors while weighed down by losses in energy and telecoms. …
Read More »TSX falls more than 200 points Friday, U.S. markets retreat after jobs reports
Canada’s main stock index fell one per cent Friday, led by industrials, utilities and base metals, while U.S. markets retreated as both countries released new information about their job markets. The S&P/TSX composite index closed down 222.10 points at 22,007.00. In New York, the Dow Jones industrial average was down …
Read More »Energy and base metals help lift S&P/TSX composite Thursday, U.S. stock markets mixed
Strength in energy and base metals helped Canada’s main stock index post a small gain Thursday, while U.S. stock markets were mixed a day after reaching new records. The S&P/TSX composite index closed up 84.08 points at 22,229.10. In New York, the Dow Jones industrial average was up 78.84 points …
Read More »TSX down more than 150 points as oil falls, U.S. stock markets mixed
Canada’s main stock index fell more than 150 points Monday, weighed down by losses in the energy sector as the price of oil sank, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 152.43 points at 22,116.69. In New York, the Dow Jones industrial average was down …
Read More »S&P/TSX composite gains almost 200 points, U.S. markets mixed
Canada’s main stock index gained almost 200 points Friday, while U.S. markets were mixed. The S&P/TSX composite index closed up 197.41 points at 22,269.12. In New York, the Dow Jones industrial average was up 574.84 points at 38,686.32. The S&P 500 index was up 42.03 points at 5,277.51, while the …
Read More »S&P/TSX composite down more than 100 points, U.S. stock markets mixed
Losses in industrial, utility and financial stocks weighed on the Toronto stock market as Canada’s main stock index fell more than 100 points Tuesday, while U.S. stock markets were mixed. The S&P/TSX composite index closed down 108.33 points at 22,265.05. In New York, the Dow Jones industrial average was down …
Read More »S&P/TSX composite edges lower Monday, U.S. stock markets mixed
Canada’s main stock index moved lower Monday while U.S. markets were mixed ahead of major economic data reports coming in the days ahead. “It really has been one of those Mondays where markets are treading water and will start swimming a little faster in one direction or another later on …
Read More »S&P/TSX composite up Friday, U.S. stock markets rally after jobs report shows cooling
Canada’s main stock index rose Friday, led by strength in base metals, utilities and telecom, while U.S. markets rallied after the latest jobs report came in cooler than expected. Markets rose Friday after the latest report on the U.S. jobs market, which fell quite short of expectations, said Andrew Buntain, …
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