TSX Venture closes in the black, Aug. 29 – Sept. 2
VANCOUVER — The S&P TSX Venture Composite Index gained 5.39 points during the Aug. 29 – Sept. 2 trading period before closing at 810.92 points. Markets rebounded during late-week trading…
Stock Markets/Investing
US stocks steady, Aug. 29 – Sept. 2
Worries over a potential rate hike by the U.S. Federal Reserve were alleviated somewhat during the trading week with lower than expected job numbers. Total non-farm payroll employment in the U.S….
TSX gains, Aug. 29 – Sept. 2
The S&P/TSX Composite Index rose 1.06% to 14,795.70, despite mixed economic news. The S&P/TSX Global Mining Index edged up 0.35% to 63.20 and the S&P/TSX Global Gold Index added 1.45% to…
PotashCorp, Agrium in merger talks amid weak fertilizer markets
VANCOUVER — Fertilizer giants Potash Corporation of Saskatchewan (TSX: POT; NYSE: POT) and Agrium (TSX: AGU; NYSE: AGU) are reportedly contemplating a potentially game-changing merger. On Aug. 30, the companies confirmed…
TSX Venture loses ground, Aug. 22-26
The S&P/TSX Venture Composite Index dropped 3.3%, or 27.58 points, en route to an 805.53-point weekly close. Precious metals dropped after comments by the U.S. Federal Reserve hinting at an…
TSX slips, Aug. 22-26
Canada’s benchmark index fell 0.3% to 14,639.88, as U.S. Federal Reserve Chair Janet Yellen noted in a speech that “the case for an increase in the federal funds rate has…
US stocks fall, Aug. 22–26
U.S. equities tumbled during the last trading week of August, amidst speculation that the central bank could hike interest rates as early as mid-September. The Dow Jones Industrial Average fell…
TSX Venture holds steady, Aug. 15-19
The S&P/TSX Venture Composite Index closed at 833.11 points, relatively unchanged during the trading period, whereas spot gold and comex copper edged up slightly, landing at US$1,341.47 per oz. gold,…
TSX slips, Aug. 15–19
Canada’s benchmark index retreated into negative territory, down 0.4% to 14,687.46. The S&P/TSX Global Mining Index fell 1.4% to 66.62. The S&P/TSX Global Gold Index lost 4% to close at…
US stocks waver, Aug. 15-19
Qualms that Federal Reserve chair Janet Yellen would hike rates this year during a speech on Aug. 26 at the Federal Reserve Bank of Kansas City’s annual economic policy symposium…
TSX Venture climbs, Aug. 8-12
The S&P/TSX Venture Composite Index rose 26.6 points, or 3.3%, to an 833.29-point close, as spot gold and Comex copper prices remained relatively unchanged at 1,343.2 per oz. gold and…
US indexes set new records, Aug. 8-12
Wall Street set a record on Aug. 11, after stronger oil prices and better corporate earnings from several large retailers. The last time its three major indexes touched record levels…