Oil price report sparks late market rally
Dow jumps 41 points; S&P/TSX off less than a point
- By: IE Staff
- June 8, 2004 June 8, 2004
- 15:45
Dow jumps 41 points; S&P/TSX off less than a point
Venture composite off 8% at end of May
Would be in conjunction with U.S. decision to close markets
S&P/TSX down 18.59; Dow off 10.93
But strong performance of economy suggests rates will rise in fall
Bank of Canada keeps target for the overnight rate at 2%
US$3.9 billion gain smaller than expected
Economies forecast to remain strong
Exchanges to observe Reagan funeral
U.S. markets higher at midday
New record set in April: StatsCan
Demand for multi-family housing boost building permits
U.S. producer inflation report due Friday
Buoyed by positive tech outlook, job creation
Efficiency of capital markets under scrutiny
Markets are mixed today in response to very strong jobs reports in both Canada and the United States. In Canada, it was reported that 56,100…
Unemployment rate holds steady
U.S. unemployment holds steady
Conservative leader Stephen Harper yesterday explained how Conservative tax proposals would benefit the middle class.In a news release, the Conservative party outlined its plan for…
Energy sector hurt by OPEC production increase
Incoming government could reduce taxes, lower debt burden by $3 billion per year
Bank economists say central bank should stand pat
U.S. markets mixed at midday