Shares in Timberline Resources (TSXV: TBR; US-OTC: TLRS) jumped 130% to an intra-day high of 15¢ apiece Tuesday after McEwen Mining (TSX: MUX; NYSE: MUX) agreed to acquire the Nevada-focused…
U.S. stocks retreated, continuing the U.S. market’s worst-ever start to the calendar year, as oil prices tumbled and investors worried about the health of the Chinese economy. The Dow Jones Industrial Average fell 2.2% to 15,988.08 and the…
U.S. Federal Reserve Chair Janet Yellen reiterated increasing interest rates later this year, if the labour market improves and inflation returns to 2%. The U.S. Commerce Department reported that the country’s gross domestic product (GDP)…
The S&P/TSX Venture Composite Index closed at a three-week high during the shortened trading sessions, rising 1.6 points to 683.02 points. Growth in the U.S. manufacturing sector hit a five-month high in March, while energy investors…
Since taking the helm of Timberline Resources (TSXV: TBR; NYSE-MKT: TLR) on Jan. 1, Kiran Patankar has wasted little time getting to work and enlarging the junior’s footprint in Nevada.
U.S. stocks rose on a declining dollar and higher gold prices at a slower-than-expected pace, which pushed up the main indexes.
The S&P/TSX Venture Composite showed signs of life during trading, as it jumped 1.4%, or 9.28 points, en route to a 668.31-point close. Investors searched for bargains amidst a freefall in energy and oil stocks, while U.S. Federal Reserve…
After a two-week rally, the S&P/TSX Venture Composite index plunged 6%, or 47.26 points over the trading period, en route to a 741.87-point close. Losses were largely driven by a sell-off in energy stocks, as crude oil spot prices and…
The drop in oil prices in the wake of the Organization of the Petroleum Exporting Countries’ decision to maintain production did not punish stock market indexes in the U.S. as much as some may have anticipated, with many companies…
U.S. equities had a strong run during the Aug. 18–22 week. The Dow Jones Industrial Average jumped 338 points to 17,001.22. The S&P 500 Index rose 33 points to 1,988.40, while the tech-heavy Nasdaq Composite Index climbed 74 points to…
U.S. markets were closed for the Independence Day holiday on July 4, but when they reopened on Friday, strong jobs data helped push the S&P 500 Index above its 50-day moving average for the first time since June 19. The employment numbers…
U.S. equity markets in the first four days of the week turned positive on optimism lawmakers could avert the fiscal cliff. The Dow Jones Industrial Average advanced 176.71 points, or 1.35% to 13,311.72; the S&P 500 Index climbed 30.11…
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