Tech sell-off drags down markets
TSX drops 61; Dow loses 69
- By: Stewart Lewis
- July 8, 2004 July 8, 2004
- 15:40
TSX drops 61; Dow loses 69
Speculative-grade default rate down for ninth quarter in a row
Trading value this year up more than 200%
S&P/TSX off 37 points; Dow Jones up 10 points
Next interest rate setting is July 20
Stocks expected to open lower
Dow up 20.95; TSX down 2.8
Would have more cash than would know what to do with, research shows
S&P/TSX up seven points; Dow down three points
Value of permits in May declines 9.5%
Spectrem Group says that U.S. investor optimism rebounded in June, as investors turned their attention away from war and other troubles and toward the economy,…
Value of building permits retreats in May
Kerry-Edwards team viewed as “protectionist,” report says
TSX off 1.26 points; Dow Jones falls 63 points
Survey finds them upbeat despite a number of negatives
Technology stocks continued to dog Canadian markets Tuesday morning, while disappointing economic news and higher oil prices plagued U.S. stocks. At midday, all markets were…
Global economic growth powers ahead
Economy forecast to grow by 3.5% next year
S&P/TSX down 1.31 points; U.S. markets closed
Initial Public Offerings in Canada more than doubled in the first half of this year, to levels not seen since the technology bubble of 2000.…
But still thinks stocks will do better than bonds: report
S&P/TSX off 0.40; U.S. markets closed
U.S. markets closed Monday; Labour force survey for Canada on Friday
Trading on Bay Street is expected to be light today with U.S. markets closed for Independence Day, and little direction being offered by overseas markets.European…
S&P/TSX down 58 points; Dow Jones off 51