Stock Market News

A man walks past an old Toronto Stock Exchange sign in Toronto

Stock futures point to lower start, economic data in focus

(Reuters) - Stock futures pointed to a lower opening for Canada's main index on Friday as investors awaited producer and raw materials prices data and oil fell slightly after their biggest gain in six years. September futures on the S&P TSX index were down 0.9 percent at 7:15 a.m. ET. Producer prices and raw materials data for July are due at 8:30 a.m. ET. The index rose 0.5 percent in June. ...

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    Bay St rallies in biggest gain in seven … Reuters - Wed, 26 Aug, 2015

    By Solarina Ho and Leah Schnurr TORONTO/OTTAWA (Reuters) - Canada's main stock index racked up its biggest increase in seven months on Wednesday in another volatile … More »Bay St rallies in biggest gain in seven …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Solarina Ho and Leah Schnurr TORONTO/OTTAWA (Reuters) - Canada's main stock index racked up its biggest increase in seven months on Wednesday in another volatile session as investors dove back into shares that had recently sold off. The TSX, which is heavily weighted with energy stocks, has been hit by the slide in …

  • Volatile stock markets seesaw after … CBC - Wed, 26 Aug, 2015

    North American stock markets seesawed once again on Wednesday as investors couldn't decide whether to be encouraged by China's recent move to stimulate its economy or … More »Volatile stock markets seesaw after …

    North American stock markets seesawed once again on Wednesday as investors couldn't decide whether to be encouraged by China's recent move to stimulate its economy or worried that Beijing thinks it needs stimulus in the first place. The Dow Jones was even more exuberant, racking up a 619-point gain in a rally that gained …

  • TSX ends higher, helped by banks and … Reuters - Tue, 25 Aug, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index finished modestly higher on Tuesday after surging as much as 3 percent following China's decision to … More »TSX ends higher, helped by banks and …

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index finished modestly higher on Tuesday after surging as much as 3 percent following China's decision to cut interest rates and banks' reserve requirement to kick-start economic growth. The Toronto Stock Exchange's S&P/TSX composite index <.GSPTSE> ended up 98.19 …

  • Just the Facts: The value of the loonie over time
    Canadian dollar closes below 75 cents … CBC - Tue, 25 Aug, 2015

    The Canadian dollar today dipped to just below the 75-cent US level for the first time in more than a decade. The loonie fell below the psychologically important threshold … More »Canadian dollar closes below 75 cents …

    Just the Facts: The value of the loonie over time

    The Canadian dollar today dipped to just below the 75-cent US level for the first time in more than a decade. The loonie fell below the psychologically important threshold in the afternoon, closing at 74.96 cents US after the recovery in North American stock markets lost steam. The outlook for the Canadian dollar is uncertain, …

  • Stock market optimism short-lived after … CBC - Mon, 24 Aug, 2015

    Stock markets soared out of the gate on Tuesday after China slashed interest rates, but the gains were short-lived as the two biggest American stock indices were in the … More »Stock market optimism short-lived after …

    Stock markets soared out of the gate on Tuesday after China slashed interest rates, but the gains were short-lived as the two biggest American stock indices were in the red by the end of the day. "Value hunters ... are slowly moving into the market as valuation levels now seem reasonable," said Terry Sandven, chief equity …

  • A 7-acre greenhouse facility run by Supreme Pharmaceuticals is seen in Tiverton
    Junior miners jump into medical marijuana, … Reuters - Mon, 24 Aug, 2015

    By Euan Rocha, Nicole Mordant and Jim Regan (Australia) TORONTO/VANCOUVER/SYDNEY (Reuters) - Many of the world's junior miners are laying down their picks and shovels … More »Junior miners jump into medical marijuana, …

    A 7-acre greenhouse facility run by Supreme Pharmaceuticals is seen in Tiverton

    By Euan Rocha, Nicole Mordant and Jim Regan (Australia) TORONTO/VANCOUVER/SYDNEY (Reuters) - Many of the world's junior miners are laying down their picks and shovels to start new ventures ranging from egg exporting to medical marijuana farming, as they as try to survive a crash in metals prices by shifting away from exploration. …

  • TSX, Dow sink lower after China sparks … CBC - Mon, 24 Aug, 2015

    North American stock markets moved much lower on Monday as investor fears about a Chinese economic slowdown spread around the world. The Dow, meanwhile, was even more … More »TSX, Dow sink lower after China sparks …

    North American stock markets moved much lower on Monday as investor fears about a Chinese economic slowdown spread around the world. The Dow, meanwhile, was even more volatile, losing 1,000 points off the open before clawing back 900 points of that decline. The cause of the worry was a slowdown in China's economy that …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX sinks to lowest since Feb 2014 on … Reuters - Fri, 21 Aug, 2015

    By Solarina Ho and Alastair Sharp TORONTO (Reuters) - Canada's main stock index sank to its lowest in 18 months on Friday, capping a week of rapid retreat on persistently … More »TSX sinks to lowest since Feb 2014 on …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Solarina Ho and Alastair Sharp TORONTO (Reuters) - Canada's main stock index sank to its lowest in 18 months on Friday, capping a week of rapid retreat on persistently grim global sentiment following more disappointing data out of China. Global equity markets plummeted toward their worst week this year, while the beating …

  • Oil drops below $40 US a barrel for … CBC - Fri, 21 Aug, 2015

    West Texas Intermediate, as the most common blend on the continent is called, ended up settling at $40.45, a drop of 87 cents from Thursday. Back then, the global economy … More »Oil drops below $40 US a barrel for …

    West Texas Intermediate, as the most common blend on the continent is called, ended up settling at $40.45, a drop of 87 cents from Thursday. Back then, the global economy was emerging out of a global recession, and oil was on its way higher after setting a record low close of $33.98 a barrel on Feb. 12, 2009. Influential …

  • TSX and Dow plunge again on fears of … CBC - Fri, 21 Aug, 2015

    North American stock markets closed sharply lower again today, ending what was a dismal week for equities as fears about the global economy and falling oil prices had … More »TSX and Dow plunge again on fears of …

    North American stock markets closed sharply lower again today, ending what was a dismal week for equities as fears about the global economy and falling oil prices had many investors selling. The main benchmark index of the Toronto Stock Exchange sank to its lowest point in almost 18 months. "Everybody's concerned about …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX sinks over 2 percent to 2015 lo … Reuters - Thu, 20 Aug, 2015

    TORONTO (Reuters) - Canada's main stock index tumbled more than 2 percent on Thursday in a broad-based rout that took energy stocks to their lowest level since 2004. … More »TSX sinks over 2 percent to 2015 lo …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    TORONTO (Reuters) - Canada's main stock index tumbled more than 2 percent on Thursday in a broad-based rout that took energy stocks to their lowest level since 2004. The Toronto Stock Exchange's S&P/TSX composite index fell 299.63 points, or 2.13 percent, to 13,737. The materials sector was the lone gainer, while …

  • TSX, Dow tumble on global growth wo … CBC - Thu, 20 Aug, 2015

    It was an ugly day on stock markets in Canada, the U.S. and around the world Thursday as worries about weakness in China and other emerging markets intensified and oil … More »TSX, Dow tumble on global growth wo …

    It was an ugly day on stock markets in Canada, the U.S. and around the world Thursday as worries about weakness in China and other emerging markets intensified and oil prices remained near six-year lows. The main benchmark index of the Toronto Stock Exchange fell for the ninth time in 11 trading sessions as the heavily …

  • A man walks past an old Toronto Stock Exchange sign in Toronto
    TSX knocked down more than 1 percent … Reuters - Wed, 19 Aug, 2015

    By Alastair Sharp TORONTO (Reuters) - A capitulation in heavyweight energy stocks pummeled Canada's main stock index on Wednesday, pushing it down 1.1 percent as crude … More »TSX knocked down more than 1 percent …

    A man walks past an old Toronto Stock Exchange sign in Toronto

    By Alastair Sharp TORONTO (Reuters) - A capitulation in heavyweight energy stocks pummeled Canada's main stock index on Wednesday, pushing it down 1.1 percent as crude oil prices plumbed new depths after a shock rise in U.S. stockpiles. The energy group sank 4.3 percent, knocking it to its lowest since August 2004, in …

  • Greek government halts production at … CBC - Wed, 19 Aug, 2015

    Shares of Eldorado Gold slid Wednesday after the Greek government temporarily halted activity at some of the company's operations in northern Greece. Greek Energy Minister … More »Greek government halts production at …

    Shares of Eldorado Gold slid Wednesday after the Greek government temporarily halted activity at some of the company's operations in northern Greece. Greek Energy Minister Panos Skourletis as saying Eldorado had "violated some terms." He provided no elaboration.

  • A sign board displaying Toronto Stock Exchange stock information is seen in Toronto
    Hard-hit miners, railways push TSX  … Reuters - Tue, 18 Aug, 2015

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell on Tuesday, its seventh decline in the last nine sessions, with miners and railways leading a broad … More »Hard-hit miners, railways push TSX  …

    A sign board displaying Toronto Stock Exchange stock information is seen in Toronto

    By Alastair Sharp TORONTO (Reuters) - Canada's main stock index fell on Tuesday, its seventh decline in the last nine sessions, with miners and railways leading a broad retreat as copper hit a six-year low and Chinese equities tumbled. First Quantum Minerals Ltd plunged 9.7 percent to C$7.65 and Teck Resources Ltd shed …

  • The U.S. economy appears to have entered the third quarter on a firm footing, with several housing-related data reports signalling a robust recovery in the American housing market. In the first seven months of the year, U.S. housing starts were up more than 11 per cent over the same period last year. "Perhaps the most …

  • It was the lowest closing price for light sweet crude since March 2009. Oil dipped as low as $41.35 in intraday trading on the New York Mercantile Exchange last Friday, but ultimately recovered to settle above $42. Crude oil prices, which have plunged by more than half since last summer, are not expected to turn around anytime …