Twenty-eight workers have died at Freeport-McMoRan Copper & Gold’s (FCX-N) Grasberg mining complex in Indonesia after the roof of an underground training facility collapsed on May 14. Ten others have been rescued.
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 Democratic Republic of the Congo (DRC) is grabbing headlines again in a way that many investors would prefer that it didn’t.
The Democratic Republic of Congo (DRC) is grabbing headlines again in a way that many investors would prefer that it didn’t.
U.S. stocks ended in positive territory during the March 4–8 trading week, helped by strong jobs data.
The S&P/TSX Venture Composite Index closed the period up slightly at 1,228.66 points for a 0.12% — or 1.42-point — gain. Markets rallied on stronger-than-expected U.S. job numbers and signs of improvement in the European Union.
VANCOUVER — The S&P TSX Venture Composite Index closed out the Jan. 28 – Feb. 1 trading period up slightly at 1,228.66 points, which equated to a 0.12% or 1.42 point gain for the week. Markets rallied on stronger-than-expect U.S. job…
The S&P 500 finished the week at 1,502.96 — the first time since Dec. 10, 2007, that the benchmark index closed above 1,500 points. For the week, the S&P climbed 1.1%, while the Dow Jones Industrial Average advanced 1.8% to finish…
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets down, with the Dow Jones Industrial Average slipping 0.32%, or 4.49 points, to close at 1,413.58, while the S&P 500 Index lost 0.15%, or 20.12 points, to…
Pessimism about negotiations to avert the fiscal cliff drove U.S. equity markets into negative territory with the Dow Jones Industrial Average slipping 0.32% or 4.49 points to close at 1,413.58, while the S&P 500 index lost 0.15% or 20.12…
The theme for the period was competing forces, as an upbeat report on U.S. jobless claims weighed against no progress in budget negotiations for the coming fiscal cliff. The tension between the two made for mixed results over the period, as the…
Freeport-McMoRan Copper & Gold’s (FCX-N) surprise decision to buy two oil and gas companies in a deal involving cash and shares worth nearly US$10.3 billion has divided analysts on whether the acquisitions make sense.
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