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TSX falls 373 points as commodities sell off again

September 29, 2015

TSX falls 373 points as commodities sell off again Canadian dollar loses almost half a cent to close at 74.66 cents US. Canada’s benchmark stock index lost almost 2.8 per cent on another bleak Monday for commodities like oil, gold and copper. The S&P/TSX Composite Index lost 373 points to close at 13,004. That’s the lowest level for Canada’s […]

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2 days of gains push oil up 17%, TSX up 3.6%

August 29, 2015

2 days of gains push oil up 17%, TSX up 3.6% Global stocks calmer after a week of volatility set off by doubts about China’s growth After a week with wild swings in the values of stocks and commodities, oil futures ended up gaining 17 per cent in two days and the TSX was up […]

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China’s market woes could be chance to ‘reset’ Canadian economy

August 25, 2015

China’s market woes could be chance to ‘reset’ Canadian economy Canada should ‘rely less on commodity growth and put the emphasis on other sectors,’ analyst says China’s staggering economic growth has been, in many ways, a boon for Canada. Put simply, China need lots of the things we have to offer like wood, metals, and […]

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TSX and Dow plunge again on fears of China-led slowdown

August 21, 2015

TSX and Dow plunge again on fears of China-led slowdown Dow in correction territory as investors hit ‘sell’ button North American stock markets closed sharply lower again today, ending what was a dismal week for equities as fears about the global economy and falling oil prices had many investors selling. The main benchmark index of […]

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Oil slides below $48, dragging TSX down another 120 points

January 6, 2015

Oil slides below $48, dragging TSX down another 120 points The price of a barrel of oil continued its slide on Tuesday, losing almost $2 to trade below $48 US a barrel. The crude drop dragged energy stocks on the TSX lower too. The S&P/TSX Composite Index lost another 140 points to trade at 14,252, […]

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