Stocks down despite upbeat GDP news
S&P/TSX off 28 points; Dow falls 117 points
- By: James Langton
- September 30, 2003 September 30, 2003
- 11:50
S&P/TSX off 28 points; Dow falls 117 points
Economy “on shaky ground in September”
July GDP above even most optimistic forecasts
Strong dollar keeps manufacturers' prices low
Kingsway, Manulife weigh on financial stocks
Kingsway plunges on charges against earnings
But personal incomes fail to keep pace
Economic growth, demographics nurture businesses
Markets open higher following last week's drop
Traders looking ahead to U.S. employment numbers
Toronto stocks stage broad retreat
Calls for next-day resumption of trading following a wide-scale disruption
Strong housing market, increased government spending drive growth
U.S. markets lower at midday
Huge danger for Canada says Cooper
But corporate profits fall 5%
Gold stocks weigh on TSX
Business confidence recovers in Q3
U.S. markets recover from opening losses
Orders for durable goods weaker than expected
Corporate debt issuance soars 80%
Trusts favour corporate underperformers: CMI study
Rising loonie clips value of Canadian assets abroad
Nasdaq falls 3%
A surprise decision by OPEC to cut oil production by 5% is boosting the price of crude, and bolstering energy stocks. Although this is helping…