Opening bell: Markets likely to open lower
Nortel slashes 2003 profit
- By: IE Staff
- January 11, 2005 January 11, 2005
- 09:10
Nortel slashes 2003 profit
U.S. markets fall back
Tobacco stocks boost Dow
2004 expected to set new record, says StatsCan
Sales of durable goods rise, despite drop in auto sales
North American markets may climb following last week’s mediocre start to the new trading year.In today’s economic news, Statistics Canada said the value of building…
Exports likely to snap losing streak
S&P/TSX off 58 points; Dow Jones down 19 points
S&P/TSX off 50 points; Dow Jones up 18
228,000 jobs created in 2004
December job growth weaker than expected
Forecasts 10% total return in 2005
U.S. job creation below forecast
S&P/TSX up 43 points; Dow advances 25
S&P/TSX up 45 points; Dow jumps 43
Wal-Mart reports 3% jump in December sales
S&P/TSX off 122 points; Dow Jones down 33
Suit challenges decisions of exchange staff
Resource stocks under pressure
Energy and lower base-metal stocks lead Bay Street into the red, while Wall Street bounced back on some better-than-expected economic news.At midday, the S&P/TSX composite…
Increase surprises analysts
Prices for raw materials also fall
Stocks may rebound from Tuesday’s selloff
S&P/TSX down 103 points; Dow Jones loses 99
Greater willingness by U.S. corporations to reward shareholders