U.S. stock markets were in positive territory for the fifth week in a row, buoyed by unexpectedly strong jobs data showing that employers added 204,000 non-farm jobs in October, and better-than-expected gross domestic product (GDP) growth….
The S&P/TSX Composite Index was up 17 points to 13,378.33 for the period, as jobs data in Canada and the U.S. beat expectations and bolstered investor confidence. The loonie fell 0.27 of a cent to US95.32¢, after Statistics Canada…
The S&P/TSX Venture Composite Index slid during the trading week, down 17.92 points, or 1.8% to 937.41, despite strong jobs data.
For those who like to follow the money, Robert Friedland’s latest investment may be of interest: a Melbourne-based company that has proprietary technology in oxidized metal recovery.
TSX Short Positions Short positions outstanding at Oct. 31/13 (with changes from Oct. 15/13)….
U.S. markets gained momentum during the trading week as investors assessed corporate earnings. The Dow Jones Industrial Average advanced 45 points to 15,615.55. The broader S&P 500 Index edged up nearly 2 points to 1,761.64. The Nasdaq…
The S&P/TSX Composite Index was down 65 points to 13,337.46 for the period, with a weak gold sector contributing to the slump.
The S&P/TSX Venture Composite Index took a breather during the trading sessions after posting big gains over the past three weeks, with falling commodity prices contributing to decrease of 1.9%, or 18.25 points, en route to a 955.33-point…
The Pretium saga brings to mind the old joke about the ever-optimistic geologist seeing that the glass is half full, while the mining engineer sees only that the glass should be reduced in size by 50%.
The Dow Jones Industrial Average climbed 170.63 points to 15,570.28, or 1.11%, and the S&P 500 rose 15.27 points to 1,759.77, or 0.88%. The Philadelphia Gold & Silver Index advanced 7.55 points to 99.72, or 8.19%.
The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.
The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
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