Monday outlook: Stocks poised to open lower
New housing prices retreat in March: StatsCan
- By: IE Staff
- May 11, 2009 May 11, 2009
- 07:50
New housing prices retreat in March: StatsCan
Stronger dollar and government bond selling reflect greater optimism, Shenfeld says
CI earnings coming Tuesday
Benchmark index gains 8% on the week
Report highlights decline in Ontario condo segment
Loonie continues to climb
Economy adds jobs in April
Financials shed 3.2%
New index offers comprehensive international coverage
Maintains key interest rate at 0.5%
Canada’s benchmark stock index posts highest close since late October of last year
The ATS sees a staggering 300% increase in the number of daily trades over the course of the month
Government stimulus policies should trigger a gradual and painful rebound of the global economy
Rising financial shares offset decline in energy group
Recovery will only gradually gain momentum
Global financial crisis makes business model unsustainable
But sagging labour market suggests little prospect for a major resurgence in demand near-term
Loblaw, Kraft post higher Q1 profits
TSX jumps 3.9%; S&P 500 up 3.4%
Hong Kong's Hang Seng index jumps 5.5%
Great-West, Manulife and Sun Life earnings on deck
Worst-case scenarios would take a weighty toll on the world economy
U.S. markets extend rally
Most European bourses closed for May Day