Wall Street mixed, June 6-10
U.S. stocks were mixed amidst concerns about the global economy. The Dow Jones Industrial Average posted a weekly gain of 0.3% to finish at 17,865.34, while the S&P 500 Index…
Stock Markets/Investing
TSX returns to a bull market, May 30–June 3
The S&P/TSX Composite Index rose nearly 0.9% to close at 14,226.78, up 20% from its Jan. 20 low, and marking a return to a bull market. The S&P/TSX Global Mining…
U.S. equities hold steady, May 30-June 3
Economic data was mixed with reports that U.S. consumer spending in April posted its sharpest increase in more than six years, while jobs data showed that non-farm payrolls in May…
TSX Venture Exchange rallies, May 30-June 3
The S&P/TSX Venture Composite Index gained 3.8%, or 25.18 points, to a 693.72-point close, while gold prices strengthened on doubts that the U.S. Federal Reserve would hike interest rates in…
NexGen scores US$60M from Hong Kong billionaire
VANCOUVER — Explorer NexGen Energy (TSXV: NXE; US-OTC: NXGEF) made headlines earlier this year with an eye-opening maiden resource at its high-grade Arrow uranium deposit in Saskatchewan’s Athabasca basin, and…
TSX Venture falls, May 23-27
The S&P/TSX Venture Composite Index fell 2.6%, or 17.6 points, to a 668.54-point close over the trading period. Spot gold hit a three-month low, falling 3.2%, or US$39.60, to US$1,212.38…
US stocks surge, May 23–27
U.S. indexes gained ahead of the Memorial Day weekend, after U.S. Federal Reserve Chair Janet Yellen hinted at a possible interest rate hike in the coming months. The Dow Jones…
TSX posts slight gain, May 23-27
The Bank of Canada kept its target for the overnight lending rate at 0.5% and estimated that the wildfires in Alberta would knock 1.25 percentage points from real gross domestic…
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…
US markets mixed, May 16-20
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…
Q&A: Why diamond stocks haven’t lost their shine
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…
Tough year tests Dominion
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…