TSX sinks over 4% in 4 days, loonie & commodities down

With the energy sector back up and gaining 2.2 per cent, the TSX Composite Index was up 201.47 points, a gain of nearly one per cent Thursday, October 14. At 20,819.94 per cent, the TSX was under two points shy of its all-time high. All sectors were...

Benchmark US indices closed flat on Wednesday, October 13, after government data showed inflation rose in September, increasing the possibility of stimulus tapering sooner than expected. The S&P 500 was up 0.30% to 4,363.80. The Dow Jones stayed...

Canada’s TSX Composite Index posted another day of gains as it rose almost 0.9 per cent or 181.35 points Wednesday, October 13. The last time the index saw a red day was on October 4 and this streak has landed it at 20,618.47 points, the highes...

Benchmark US indices closed lower on Tuesday, October 12, dragged down by bluechip technology and healthcare stocks as investors trudged cautiously amid inflation concerns.  The S&P 500 fell 0.24% to 4,350.65. The Dow Jones fell 0.34% to 34...

Canada’s TSX Composite Index continued in the green for the fifth straight day Tuesday, October 12, gaining 20.81 points to 20,437.12. All the major indices were in the red but only slightly so and the 2.7 percent gain posted by the base metal...

Benchmark US indices closed lower on Monday, October 11, dragged down by losses in utility, healthcare, and technology stocks amid rising global oil prices that renewed inflation concerns. The S&P 500 was down 0.69% to 4,361.19. The Dow Jones fe...

Benchmark US stock indices closed the week flat on Friday, October 8, after weak employment data and inflation concerns lowered investors’ confidence. The S&P 500 was down 0.19% to 4,391.34. The Dow Jones fell 0.03% to 34,746.25. The NASDA...

Canada’s TSX Composite Index rose by 224.55 points Thursday, October 7, after the Republicans opted for bipartisanship and allowed the Democrats to raise the US debt ceiling by US$ 480 billion averting what would have been a historic delinquenc...

Canada’s TSX Composite Index was in the green ever so marginally (0.01 per cent) for the fourth straight day Friday, October 8, and closed the week before Thanksgiving at 20,416.31. With the holiday season well and truly on its way and on the b...

US stock markets closed higher on Thursday, October 7, pulled up by gains in the technology sector as positive sentiments grew after the Senate secured a crucial debt-ceiling extension deal. The S&P 500 was up 0.83% to 4,399.76. The Dow Jones ro...