TSX ends worst first quarter in at least a decade despite energy induced gains
The S&P/TSX composite index closed up 2.6% on Tuesday
- By: The Canadian Press
- March 31, 2020 March 31, 2020
- 16:30
The S&P/TSX composite index closed up 2.6% on Tuesday
New tool forecasts 1 million infections by Friday
A strong start in January quickly evaporated
February data shows early effects of Covid-19 on prices for raw materials, industrial products
Since January, the pandemic and a collapse in oil prices have significantly affected the economy
Research sees index funds taking over as asset growth slows
The TSX closed up 2.8% on Monday
Canada's fiscal efforts will cushion the blow and set the stage for a rebound
Researchers estimate the value of lives saved represents at least one-third of U.S. GDP
Each month of containment cuts annual GDP by 2%, the organization says
The deficit for the fiscal year ending March 31 will also be higher than forecast
The data will help track the pandemic's effects on employment and earnings
The index closed up 1.8% on Thursday
Initial impacts are starting to show up in certain data points
New York retains the top spot in the financial centres index, even as its rating declines
Economists expect GDP to turn negative in the first quarter of this year
The TSX closed up almost 12% on Tuesday
The Canadian Federation of Independent Business suggests an enhanced program to cover payrolls
The S&P/TSX composite index lost 5.3% on Monday
The buy side spends more on tech for trading in less liquid assets