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Stocks continue rally as TSX jumps nearly 100 points; oil prices slump again
Stocks continued to rally Wednesday, with Toronto’s lead index up for a fourth straight day on the heels of another quarter-point cut in the Bank of Canada’s overnight rate, to just 0.5 per cent. Bank of Canada Governor Stephen Poloz …
Published at BizBuzz
Stocks continued to rally Wednesday, with Toronto’s lead index up for a fourth straight day on the heels of another quarter-point cut in the Bank of Canada’s overnight rate, to just 0.5 per cent. Bank of Canada Governor Stephen Poloz …
Published at BizBuzz
Oil prices up despite deal with Iran; energy stocks march higher
Oil prices are edging higher Tuesday despite a tentative nuclear energy accord with Iran that could pave the way for it to resume oil exports to already glutted world markets. As of about 2:04 pm EDT, the August futures contract …
Published at BizBuzz
Oil prices are edging higher Tuesday despite a tentative nuclear energy accord with Iran that could pave the way for it to resume oil exports to already glutted world markets. As of about 2:04 pm EDT, the August futures contract …
Published at BizBuzz
Stocks rally on Greek bailout deal: TSX, Dow up 100-plus points
Stock markets are in rally mode on Monday, picking up where they left off Friday, as the Greek government and its creditors hammered out the terms of a bailout agreement that will force the debt-strapped country to accept tough new …
Published at BizBuzz
Stock markets are in rally mode on Monday, picking up where they left off Friday, as the Greek government and its creditors hammered out the terms of a bailout agreement that will force the debt-strapped country to accept tough new …
Published at BizBuzz
TSX down again, U.S. indexes rebound after Wednesday’s selloff
Toronto’s lead equity index is in negative territory Thursday afternoon, giving up all of its early-day gains, while the U.S. indexes march higher. As of about 2:13 pm EDT, Toronto’s S&P/TSX Composite Index is down about 60 points to 14,351, …
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Toronto’s lead equity index is in negative territory Thursday afternoon, giving up all of its early-day gains, while the U.S. indexes march higher. As of about 2:13 pm EDT, Toronto’s S&P/TSX Composite Index is down about 60 points to 14,351, …
Published at BizBuzz
NYSE trading still halted due to computer glitch; TSX drops nearly 190 points
Trading on the New York Stock Exchange remains halted just after 2 pm EDT Wednesday, as technicians work to fix an unspecified computer malfunction that paralyzed activity on the Big Board at about 11:30 a.m. Other markets including the Nasdaq …
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Trading on the New York Stock Exchange remains halted just after 2 pm EDT Wednesday, as technicians work to fix an unspecified computer malfunction that paralyzed activity on the Big Board at about 11:30 a.m. Other markets including the Nasdaq …
Published at BizBuzz
New York Stock Exchange halts trading
The New York Stock Exchange halted trading in all securities for an undisclosed reason, Bloomberg reports. Stocks listed on the exchange continued to trade on other markets such as the Nasdaq Stock Market. The halt took effect at 11:32 a.m. …
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The New York Stock Exchange halted trading in all securities for an undisclosed reason, Bloomberg reports. Stocks listed on the exchange continued to trade on other markets such as the Nasdaq Stock Market. The halt took effect at 11:32 a.m. …
Published at BizBuzz
Greece must agree to reforms by Sunday, or leave eurozone
Two days after Greek voters soundly rejected the terms of the last bailout proposal from European creditors, the debt-strapped country has been given a final chance to agree to reforms, or it will be forced to leave the eurozone. That’s …
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Two days after Greek voters soundly rejected the terms of the last bailout proposal from European creditors, the debt-strapped country has been given a final chance to agree to reforms, or it will be forced to leave the eurozone. That’s …
Published at BizBuzz
Oil prices crater, close at lowest level since mid-April
Oil prices dropped sharply on Monday, as traders fret that a possible deal between Iran and the West over Iran’s nuclear program could pave the way for Iran to begin exporting crude to an already glutted global market. The August …
Published at BizBuzz
Oil prices dropped sharply on Monday, as traders fret that a possible deal between Iran and the West over Iran’s nuclear program could pave the way for Iran to begin exporting crude to an already glutted global market. The August …
Published at BizBuzz
Energy stocks, oil prices tank again; stocks drop on Greek chaos
Energy stocks are down sharply Monday, reflecting another big drop in oil prices, while the major equity indexes post modest losses as the chaos in Greece drags on. As of about 2:23 pm EDT, the near-month futures contract for West …
Published at BizBuzz
Energy stocks are down sharply Monday, reflecting another big drop in oil prices, while the major equity indexes post modest losses as the chaos in Greece drags on. As of about 2:23 pm EDT, the near-month futures contract for West …
Published at BizBuzz
What to expect after Greeks reject bailout package: CIBC World Markets
Greeks voted decisively to reject a bailout package from the debt-strapped nation’s creditors on Sunday, setting the stage for another wild week in stock markets. Here’s how Avery Shenfeld, CIBC World Markets’ chief economist, sees events unfolding in the days …
Published at BizBuzz
Greeks voted decisively to reject a bailout package from the debt-strapped nation’s creditors on Sunday, setting the stage for another wild week in stock markets. Here’s how Avery Shenfeld, CIBC World Markets’ chief economist, sees events unfolding in the days …
Published at BizBuzz
Stocks slammed as Greek debt repayment deadline looms
North American stock markets are deep in the red as of mid-day Monday, as Greece faces a crucial $1.8 billion US debt repayment deadline Tuesday to the International Monetary Fund. A breakdown in talks between Greece and its creditors has …
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North American stock markets are deep in the red as of mid-day Monday, as Greece faces a crucial $1.8 billion US debt repayment deadline Tuesday to the International Monetary Fund. A breakdown in talks between Greece and its creditors has …
Published at BizBuzz
Stocks slide Friday as Grexit deadline looms; oil holds below $60 level
Stock markets are under pressure again Friday, adding to Thursday’s losses, as Greek Prime Minister Alexis Tsipras continues to talk tough with euro zone creditors despite a looming June 30th debt repayment deadline. Tsipras accused creditors of “blackmail,” according to …
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Stock markets are under pressure again Friday, adding to Thursday’s losses, as Greek Prime Minister Alexis Tsipras continues to talk tough with euro zone creditors despite a looming June 30th debt repayment deadline. Tsipras accused creditors of “blackmail,” according to …
Published at BizBuzz
Nasdaq hits new high, TSX up 114 points; oil closes above $61 US
Stock markets extended Monday’s rally, with the tech-laden Nasdaq Composite Index closing at a record high Tuesday, while oil prices ended at a near two-week high. West Texas Intermediate (WTI) crude for August delivery closed at $61.01 US a barrel …
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Stock markets extended Monday’s rally, with the tech-laden Nasdaq Composite Index closing at a record high Tuesday, while oil prices ended at a near two-week high. West Texas Intermediate (WTI) crude for August delivery closed at $61.01 US a barrel …
Published at BizBuzz
Stocks slide as Grexit talks grind on; oil down nearly $1 a barrel
Stocks are in negative territory Friday afternoon, giving up some of Thursday’s gains, as the standoff between the debt-hobbled Greek government and its lenders shows no sign of ending. As of about 2:17 pm EDT, all three U.S. equity indexes …
Published at BizBuzz
Stocks are in negative territory Friday afternoon, giving up some of Thursday’s gains, as the standoff between the debt-hobbled Greek government and its lenders shows no sign of ending. As of about 2:17 pm EDT, all three U.S. equity indexes …
Published at BizBuzz
Stocks, oil prices dip ahead of Fed announcement
Stocks and most key commodities are slightly weaker in afternoon trading Wednesday, as traders await the Federal Reserve Board’s latest policy announcement on U.S. interest rates. Fed Chairwoman Janet Yellen will make a statement at 2:30 pm EDT, after the …
Published at BizBuzz
Stocks and most key commodities are slightly weaker in afternoon trading Wednesday, as traders await the Federal Reserve Board’s latest policy announcement on U.S. interest rates. Fed Chairwoman Janet Yellen will make a statement at 2:30 pm EDT, after the …
Published at BizBuzz
