US markets end in the red, May 9-13
Concern about domestic and global growth sent the Dow Jones Industrial Average and the S&P 500 Index into the red for the third straight week. The Dow fell 1.12% to…
Stock Markets/Investing
TSX ekes out slim gain, May 9-13
The ferocious wildfires in Alberta’s oil patch around Fort McMurray knocked an estimated 1 million barrels a day offline, prompting many economists to lower their 2016 gross domestic product growth…
Freeport to sell Tenke stake for US$2.7B
VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been working to reduce its sky-high debt loads, and on May 9 it made the deepest cut to date. The company has agreed to sell…
TSX Venture eases down, May 2-6
The S&P/TSX Venture Composite Index edged down 0.2%, or 5.93 points, en route to a 668.94-point close, weakened by falling commodity prices. Spot gold dropped 0.4%, or US$4.54, to US$1,288.99…
Wall Street slips, May 2–6
U.S. indexes continued in negative territory amid lower oil prices and a weak jobs report. The Dow Jones Industrial Average slipped nearly 0.2% to 17,740.63, while the S&P 500 Index…
TSX Venture approaches 52-week high, April 25-29
The S&P/TSX Venture Composite Index built on its three-month run during trading, as it gained 2.8%, or 18.69 points, en route to a 674.87-point weekly close. Gains were underpinned by improving commodity…
Wall Street declines, April 25–29
U.S. stocks fell as oil and gold prices rose higher. The Dow Jones Industrial Average and the S&P 500 Index both fell 1.3% to 17,773.64 and 2,065.30. The Nasdaq Composite…
TSX moves higher, April 25-29
After posting a 0.6% gain in January, Canada’s gross domestic product shrank 0.1% in February, but still beat expectations of a 0.2% contraction, according to Bloomberg data. The U.S. Federal…
TSX Venture hits nine-month high, April 18-22
The S&P/TSX Venture Composite Index broke a nine-month high over the trading period, gaining 22.34 points, or 3.5%, to a 656.18-point close, lifted by optimism over demand for industrial metals…
TSX climbs, April 18–22
Canada’s benchmark index enjoyed another weekly gain, rising 236.8 points, or 1.7%, to close at 13,874 points, on the back of higher oil prices and encouraging economic data. The S&P/TSX…
Nevsun trumps Lundin bid for Reservoir
VANCOUVER — There had been ample speculation on when Nevsun Resources (TSX: NSU; NYSE-MKT: NSU) would mobilize its substantial capital position in the mergers and acquisitions arena, and on April 24,…
US markets inch higher, April 18-22
It was a relatively quiet week on the U.S. economic front. The Dow Jones Industrial Average finished at 18,003.75, a 0.6% gain, while the S&P 500 Index advanced 0.5% to…