The Dow Jones Industrial Average posted its best gain since January, climbing 453.54 points, or 3.04%, to 15,376.06; and the S&P 500 Index reported its best gain in two months, rising 1.98%, or 32.82 points, to 1,687.99. The Nasdaq…
The S&P/TSX Composite Index sank 131.24 points during the trading week to finish the period at 12,723.40, as concerns over the U.S. Federal Reserve’s tapering stimulus lingered.
In a presentation at the Toronto Resource Investment Conference Sept. 12, David Franklin of Sprott Asset Management said that after a tough first half of the year “we have turned the corner” and that investors can take advantage of…
Jobs data in the U.S. showing that employers hired fewer workers than expected in August and that fewer Americans were looking for work raised hopes that the Federal Reserve would not trim its massive stimulus program when it meets on Sept. 17,…
The S&P/TSX Composite Index was up 24 points to 12,820.92 for the holiday-shortened period, as the resource sector held on to recent gains.
The S&P/TSX Venture Composite Index returned to positive territory during the shortened trading week. It registered a gain of 1.7%, or 15.6 points, and closed at 954.92 points — its highest valuation since early July. Markets…
After two years of pain for resource stock investors, there is a little bit of relief in sight. Gold has moved almost 20% off its late June low, and trading volumes and interest in resource explorers have increased. That’s good, but the…
Short positions outstanding at Aug 31/13 (with changes from Aug 15/13).
The S&P/TSX Venture Composite Index lost momentum after two weeks of gains during the trading period, falling 7.25 points en route to a 939.31-point weekly close. Investors kept an eye on news of a potential military intervention in Syria,…
Concern about a possible U.S. air strike against Syria and anxiety about the timing of the U.S. Federal Reserve’s end to quantitative easing sent U.S. markets down. The Dow Jones Industrial Average fell 1.33% to 14,810.31, the S&P 500…
The S&P/TSX Composite Index fell during the trading week amid concerns that Western countries would intervene militarily in Syria’s civil war. Toronto’s main index plunged 108 points to finish the week at 12,653.90.
Despite being one of the most well-diversified commodity companies in the world — with marketing, trading, mining, smelting and shipping assets in metals, oils and agriculture — Glencore Xstrata (LSE: GLEN) was unable to protect…
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