TSX climbs, May 16–20
Canada’s benchmark index advanced ahead of the Victoria Day holiday weekend, rising 171 points, or 1.2%, to 13,919.58, as investors took in higher oil prices and the possibility that the…
Canada’s benchmark index advanced ahead of the Victoria Day holiday weekend, rising 171 points, or 1.2%, to 13,919.58, as investors took in higher oil prices and the possibility that the…
Investor sentiment was mixed after news that benchmark interest rates could rise in June. Positive economic data appeared to support a hike — with the U.S. Consumer Price Index up…
After a 12-15% decline in rough diamond prices last year, 2016 has seen a stronger start to the year. Even so, Edward Sterck, Director of Equity Research, Metals and Mining…
It’s been a turbulent year for Dominion Diamond (TSX: DDC; NYSE: DDC). 2015 was always expected to be a transitional year for the miner: At its 88.9%-owned Ekati mine, the…
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…
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…
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…
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…
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…
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…
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…
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…
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