Closing bell: Energy stocks, U.S. vehicle sales dampen the mood; Fed says inflation “contained”
S&P/TSX down 59; Dow up five points
- By: IE Staff
- May 3, 2005 May 3, 2005
- 15:40
S&P/TSX down 59; Dow up five points
The U.S. Federal Reserve, caught between a sudden economic slowdown and heightened worries about inflation, decided to nudge a key interest rate up by another…
Default rate could be nearing a turning point, ratings agency warns
S&P/TSX up 40; Dow up two points
Dividend Aristocrats Index measures performance of S&P 500 companies
Moody’s Investors Service says the default rate for speculative-grade rated Canadian issuers ended 2004 at 1.8%, unchanged from 2003. The default rate for all rated…
Biovail cutting jobs
Chairman says priority is improving exchange’s technology,
S&P/TSX up 61; Dow gains 59
S&P/TSX up 36 points; Dow ahead by 34
Nortel posts loss for 2004
Alan Greenspan and David Dodge will share the spotlight this week, but investors in Canada will probably be more pleased with what their respective central…
S&P/TSX up 94; Dow adds 122 points
No “big bang” effects, but benefits will be long-term, MFC Global says
S&P/TSX up 54; Dow up 14
BCA Research says that it expects the Dow Jones Industrial Average to fluctuate around the 10,000 mark for many years yet.The Montreal-based research firm says…
Canadian GDP rises in February
Derivatives exchange hopes to complete deal to go public in second half of this year
S&P/TSX down 48; Dow falls 128
But won’t rule out arrangement with TSX in the future
S&P/TSX down 46; Dow off 59
Expects will jump 50 pb over coming year as commodity prices rise
Raw materials prices rise
S&P/TSX down 104; Dow up 48
Is below long-term average but still above record low