TSX Venture eases with gold prices, Sept. 12-16
The S&P/TSX Venture Composite Index fell 12.92 points to a 799.24-point close as spot gold prices declined for the second week in a row, falling US$17.50 to US$1,310.35 per ounce….
Stock Markets/Investing
US equities edge higher, Sept. 12-16
U.S. markets remained buoyant despite uncertainty ahead of the U.S. Federal Reserve meetings scheduled for Sept. 20–21. The Dow Jones Industrial Average rose 0.2% to 18,123.80 and the S&P 500…
TSX Venture rises, Sept. 6-9
The S&P/TSX Venture Composite Index gained 1.24 points to an 812.16-point close. Spot gold peaked at US$1,350 per oz. after a subpar U.S. jobs report, before falling to US$1,327.83 per…
Canada’s benchmark index down sharply, Sept. 6-9
Stock and commodity markets came under pressure after comments by European Central Bank President Mario Draghi and Eric Rosengren, the president of the Boston Federal Reserve. Draghi disappointed markets by…
Wall Street ends in the red, Sept. 6-9
U.S. equities slipped in September, as higher oil prices failed to offset investor concerns over the Federal Reserve’s next move. The Dow Jones Industrial Average lost 2.2% to finish at…
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…
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…