US equities rally, July 11-15
Positive economic data for the month of June, including improved retail sales and industrial production, and a firming of inflation, extended the rally in U.S. equities. The Dow Jones Industrial…
Stock Markets/Investing
TSX Venture posts gains, July 11-15
The S&P/TSX Venture Composite Index reached a 20-month high, gaining 14.24 points, or 1.9%, to a 766.36-point close. Spot gold prices declined US$28.88, or 2.1%, to US$1,337.45 per oz., after…
TSX Venture in the black, July 4-8
The S&P/TSX Venture Composite Index gained 21.68 points, or 3%, to a 752.12-point close, boosted by stronger gold and silver prices. Spot gold gained 1.9%, or US$25, to US$1,366.33 per…
Wall Street rises, July 5-8
U.S. equities drove higher for a second week as investors recovered from post-Brexit jitters. The Dow Jones Industrial Average advanced 197.37 points, or 1.1%, to 18,146.74 points, and the S&P…
TSX gains despite poor jobs data, July 4–8
Toronto equities soared during the first week of July, despite the Canadian economy unexpectedly losing 700 jobs in June. However, the number of people seeking jobs also dropped, pushing the…
Editorial: Silver starts to outshine gold, and Greenspan goes full goldbug
The surging U.S. dollar in the wake of the Brexit vote has set aside for now all that talk of an imminent interest-rate hike by the U.S. Federal Reserve Board….
TSX climbs, June 27–30
Canadian equities finished in positive territory ahead of the Canada Day long weekend, helped by positive economic data and higher commodity prices. Statistics Canada reported the economy grew 0.1% in…
TSX Venture gains, June 27-30
The S&P/TSX Venture Composite Index gained 19.65 points, or 2.8%, to a 730.44-point close, on the back of rising commodity prices. Doubts on whether the U.S. Federal Reserve would raise…
US markets recoup post-Brexit losses, June 27-30
U.S. equities largely recovered from the turmoil after the Brexit vote, as diminished prospects of interest rate hikes in the U.S. drove gold and silver prices higher. For the trading…
Editorial: Brexit vote stokes gold rally
With all the political turmoil surrounding the United Kingdom’s surprise, non-binding vote in a June 23 referendum to leave the European Union, the world has certainly learned a few lessons….
TSX Venture slides, June 20-24
Economic uncertainty following the surprise vote in the United Kingdom to leave the European Union edged the S&P/TSX Venture Composite Index down 4.57 points, or 0.6%, to a 710.79-point close…
TSX mixed after Brexit, June 20–24
Canada’s main stock index lost most of its early gains in the week due to the Brexit vote that increased global uncertainty, sending investors flocking to safe havens like gold….