Just how slow do the wheels of justice turn in Canada? It was only a week ago that there was a resolution of the class-action lawsuits stemming from the Bre-X Minerals gold fraud, which was exposed in March 1997, and vapourized $3 billion in…
For the first week since mid-April, U.S. stock indexes were dragged lower — driven down by worries that the Federal Reserve is planning to taper off its stimulus program and nagging concerns about growth in China. The Dow Jones…
The Toronto Stock Exchange’s main index stayed in the green during the shortened week despite speculation that the U.S. Federal Reserve may slow down its monetary easing.
The S&P/TSX Venture Composite Index inched upwards in the four-day week following the Victoria Day long weekend, adding 13.64 points, or 1.5%, to end at 948.32. Trading volumes for the period were down, averaging 53.5 million trades per…
Short positions outstanding on May 15/13 (with changes from Apr. 30/13).
The S&P/TSX Composite Index rode an up-and-down period and came out ahead, as it gained 41 points to 12,613.12, largely on sentiment that the U.S. economy is recovering.
U.S. markets continued their upward march, marking their fourth straight week of gains. The Dow Jones Industrial Average advanced 235.91 points, or 1.56%, to close the week at 15,354.40, while the S&P 500 Index rose 33.77 points, or 2.07%,…
The S&P/TSX Venture Composite Index dropped 3.3% — or 32.05 points during the period — with falling precious metal prices and a weaker Canadian dollar weighing on the market. Upbeat signs from the U.S. provided a late boost…
Goldcorp (G-T, GG-N) may have surpassed its long-time rival Barrick Gold (ABX-T, ABX-N) in terms of market capitalization, but that doesn’t mean the company has been insulated from the same bear market that has felled other…
The equity bull run was back on for the period, as the S&P/TSX Composite Index rose 109 points to 12,589.09.
U.S. stocks performed well during the trading session, marking three weeks of gains.
The S&P/TSX Venture Composite Index treaded water during the trading period despite a rally across North American stock markets. The Venture gained 0.2%, or 2.05 points, en route to a 966.73-point close, as commodity prices stayed soft and…
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