Malcolm Morrison, THE CANADIAN PRESS

Loonie flat, economic data disappoints

TORONTO - The Canadian dollar closed flat against its U.S. counterpart Tuesday following reports that the Canadian economy unexpectedly contracted in November and American consumer confidence sharply deteriorated in January.The loonie was unchanged from Monday at 99.72 cents US, well off the highs...

Tuesday, January 31, 2012, 9:54 PM

TSX flat as economic data disappoints

TORONTO - The Toronto stock market gave up early strong gains and closed little changed Tuesday amid reports showing a sharp retreat in American consumer confidence while the Canadian economy stalled again in November.The S&P/TSX composite index gained 15.74 points to 12,452.15, while the TSX...

Tuesday, January 31, 2012, 9:52 PM

Traders look to earnings, employment data

TORONTO - Investors are expected to focus on a slew of top economic data from the United States and Canada this week, along with earnings reports from some of Canada's biggest players in the energy sector.The most important report of the week comes out Friday — the U.S. non-farm payrolls report for...

Sunday, January 29, 2012, 11:30 AM

TSX closes flat, U.S. growth disappoints

TORONTO - The Toronto stock market closed little changed Friday as investors were relieved to see the U.S. economy expanding at a greater pace in the fourth quarter — but disappointed that the growth was slower than expected.The S&P/TSX composite index gained 2.18 points to 12,466.5, led by...

Friday, January 27, 2012, 10:08 PM

Canadian dollar higher, U.S. growth improves

TORONTO - The Canadian dollar closed higher Friday but well off session highs as traders took in economic growth data from the country's biggest trading partner that missed expectations.The loonie was up 0.1 of a cent to 99.93 cents US after having risen as high as 100.14 cents earlier in the day....

Friday, January 27, 2012, 10:01 PM

TSX down in wake of Fed vow to keep rates low

TORONTO - The Toronto stock market closed lower Thursday as a burst of enthusiasm that followed the U.S. Federal Reserve's latest move to support the American economy fizzled after one session.The S&P/TSX composite index was down 74.89 points to 12,464.32 amid some negative U.S. housing and...

Thursday, January 26, 2012, 10:11 PM

Loonie up following Fed vow to keep rates low

TORONTO - The Canadian dollar closed higher Thursday as the currency gained traction on higher commodity prices and a vow by the U.S. Federal Reserve to keep interest rates low to support the American economy.The loonie rose 0.18 of a cent to 99.83 cents US after going as high as 100.05 cents US...

Thursday, January 26, 2012, 10:02 PM

TSX higher, Fed reassures on interest rates

TORONTO - The Toronto stock market closed higher Wednesday after the U.S. Federal Reserve said it would keep interest rates near zero far longer than previously thought.The S&P/TSX composite index jumped 143.98 points to 12,539.21 while the TSX Venture Exchange was up 27.76 points at 1,604.05....

Wednesday, January 25, 2012, 10:16 PM

Loonie rises, U.S. rates to stay low

TORONTO - The Canadian dollar closed higher Wednesday after the U.S. Federal Reserve said it would keep interest rates near zero for much longer than previously announced.The Canadian dollar gained 0.63 of a cent to 99.65 cents US after the Fed officials said economic conditions are "likely to...

Wednesday, January 25, 2012, 10:01 PM

TSX moves lower amid Greek debt woes

TORONTO - Financials and energy stocks led the way to a sharp loss on the Toronto stock market Tuesday amid worries that negotiations to cut Greece's debt could fall apart.The S&P/TSX composite index fell 126.47 points to 12,395.24 as traders worried that such a development could play havoc...

Tuesday, January 24, 2012, 10:08 PM

Loonie down amid Greek debt worries

TORONTO - The Canadian dollar closed lower Tuesday despite a stronger than expected reading on retail sales as uncertainty over a deal between Greece and its creditors weighed on markets.The loonie was down 0.25 of a cent to 99.02 cents US as a stronger U.S. dollar also put pressure on commodity...

Tuesday, January 24, 2012, 9:56 PM

TSX rises, RIM shares down after shakeup

TORONTO - The Toronto stock market closed higher Monday amid rising energy and financial stocks but was weighed down by a slide of more than nine per cent in Research In Motion Ltd. (TSX:RIM) shares.The S&P/TSX composite index was ahead 124.61 points to 12,521.7 while the TSX Venture Exchange...

Monday, January 23, 2012, 9:54 PM

Canadian dollar rises amid higher commodities

TORONTO - The Canadian dollar closed higher Monday amid rising commodity prices and hopes for a resolution to talks between Greece and its private creditors.The currency moved up 0.57 of a cent to 99.27 cents US.Greece's private creditors include banks and other investment firms. The government...

Monday, January 23, 2012, 9:50 PM

Gold stocks send TSX higher; N.Y. closes negative on drop in consumer confidence

TORONTO - The Toronto stock market closed higher Tuesday, supported by the gold and telecom sectors but investors were cautious following a surprise drop in U.S. consumer confidence that called into doubt the strength of a U.S. economic recovery.The S&P/TSX composite index rose 56.27 points to...

Wednesday, September 30, 2009, 10:56 AM

Investors to look to economic reports to provide support for further gains

TORONTO - A number of key economic reports this week will give investors more insight into whether the fundamentals are truly in place to allow financial markets to continue building on the strong gains of the past seven months.Given the market's sensitivity to bad news, there will likely be...

Monday, September 28, 2009, 10:58 AM

TSX set for further gains as analysts worry about length and strength of rally

TORONTO - There doesn't seem to be anything to stop the Toronto stock market from racking up further gains this week, extending a rally that has shown no sign of letting up for seven months, but analysts worry the move has left the market open to a pullback."That would actually be healthy," said...

Monday, September 21, 2009, 10:42 AM