Tag Archives: TSX

TSX rises, snapping a three-day losing streak as oil rallies

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TORONTO – The Toronto stock market closed solidly higher Tuesday as rising commodity prices helped stem three days of heavy losses. The S&P/TSX composite index was up 74.38 points at 14,817.71 following a nearly 214-point drop Monday. In most, Canada\’s largest stock exchange gave back a lot more than 400 points within the three-day stretch that began with a 135-point ...

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Wall Street rises, TSX falls after Fed signals rate hike later this year

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TORONTO – The Toronto stock market closed in the red Wednesday while Ny markets turned higher following the U.S. Federal Reserve announced it was keeping its benchmark rate unchanged. The S&P/TSX composite index closed down 20.07 points at 14,732.98, as the loonie was up 0.51 of a U.S. cent at 81.73 cents. On commodity markets, the July crude contract gave ...

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TSX sharply lower; New York markets give back chunk of Thursday gains

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TORONTO – The Toronto stock exchange finished with a triple-digit loss Friday amid weak commodity prices along with a disappointing read on retail sales that underlined the still-fragile nature of Canada\’s economic recovery. The S&P/TSX composite index closed down 117.52 points at 14,653.12 as oil and metals prices retreated. Meanwhile, Statistics Canada said retail sales fell 0.1 per cent to ...

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TSX, Wall Street surge on hopes for Greek aid deal

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TORONTO – United states markets closed solidly higher, using the Nasdaq hitting a new all-time high, amid renewed optimism in Europe that Greece will reach a deal with its creditors and steer clear of a default. The S&P/TSX composite index gained 137.36 suggests 14,790.48, with almost all sectors closing higher, as the loonie was down 0.40 of the U.S. cent ...

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TSX droops, Wall Street up as investors await news from Fed, Greece

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TORONTO – The Toronto stock market closed marginally lower Tuesday as investors awaited the end result of Wednesday\’s interest rate announcement in the U.S. Fed and kept a close eye on the Greek debt crisis. The S&P/TSX composite index ended your day down three points at 14,753.05. South from the border, markets posted a strong advance because the U.S. Federal ...

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TSX rises on optimism over Greece as materials shares climb

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TORONTO – The Toronto Stock Exchange was solidly ahead for any second consecutive session Tuesday with almost all sectors higher. The S&P/TSX composite index advanced 110.04 points to 14,900.52 at midafternoon, contributing to Monday\’s 137-point gain because the heavyweight mining, energy and financials sectors all trended higher. The loonie was down 0.11 of a U.S. cent at 81.02 cents. In ...

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TSX, Wall Street regain ground after yesterday’s slaughter

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TORONTO – The Toronto stock market pushed ahead with gains at the end of morning trading as Greece inched for the default deadline on its loan to the International Monetary Fund. The S&P/TSX composite index moved higher towards midday, rising 66.17 suggests 14,556.32, as the loonie traded at 80.13 cents US, down 0.57 of the U.S. cent.   Traders appeared ...

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TSX closes lowers as oil falls, Greek talks continue

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TORONTO – The Toronto stock market closed lower Friday as oil prices weakened and concerns intensified within the Greek debt crisis in front of a key meeting a few days ago.The S&P/TSX composite index dropped 89.41 suggests 14,808.09 as the loonie rose 0.05 of a U.S. cent to 81.20 cents. Markets everywhere anticipated developments over the weekend in the negotiations ...

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TSX turns lower after three-day surge, Wall Street drops

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Canadian stocks fell, following a three-day rally, as crude prices slipped and investors awaited a resolution to the Greek debt negotiations. Surge Energy Inc. and Suncor Energy Inc. each retreated 3.2 percent to pace declines among energy producers. First Quantum Minerals Ltd. lost 4.7 percent as industrial metals slid. BCE Inc. rose 0.9 percent after saying it will install a ...

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TSX continues rally Wednesday as U.S. markets fall

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TORONTO – The Toronto Stock Exchange enjoyed its third consecutive advance Wednesday, apparently indifferent to renewed fears of the debt default by Greece and the possibility of rising interest rates in the U.S. that sent markets elsewhere tumbling. The S&P/TSX composite index was up 42.60 points at 14,947.51, after rising about 250 points over the previous 2 days. The loonie ...

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