North American stocks sank Monday, as the Toronto market continued to suffer from losses in the resource sectors, and as U.S. markets worried over inflation and interest rate increases. The S&P/TSX composite index dropped 200.37 points, or 1.79%, to 11,007.58. All 10 of the TSX main sub-groups were down. The energy index was off 3.21% […]
North American stocks rallied strongly Thursday, erasing some part of the losses they’ve absorbed over the last five weeks, as investors rushed back into the market, buoyed by encouraging comments from U.S. Federal Reserve chairman Ben Bernanke. The S&P/TSX composite index shot up 252.48 points, or 2.30%, to 11,213.16. All 10 TSX main sub-groups were […]
Canadian manufacturing shipments slip
But market recovered from a triple-digit intraday loss