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Stock markets edge higher after morning stumble; oil down a hair

Stock markets are slowly clawing their way higher in afternoon trading Monday, after erasing modest declines this morning.

As of about 2:25 pm ET, Toronto’s benchmark S&P/TSX Composite Index is up about three points to 14,782, with industrials and energy stocks leading to the upside and telecom issues lagging. 84 more words


TSX soars on surprise BOC interest rate cut; loonie drops, oil climbs

Investors are piling back into Canadian equities Wednesday, after the Bank of Canada announced a surprise quarter-point cut in interest rates.

The cut in the bank’s overnight rate – to 0.75 per cent from 1.00 per cent – is the first rate change since Sept. 107 more words


Energy stocks soar following IEA report; oil prices, stock markets jump

Energy stocks are up more than six per cent as of about 2 pm ET Friday, after the International Energy Agency cut its 2015 production growth estimates from non-OPEC suppliers, sparking a jump in crude oil prices. 195 more words


Crude oil prices jump more than five per cent. So what's with that?

Oil prices rose Wednesday. Seriously. Just as political leaders, economists, newspaper pundits and analysts had worked themselves into a frenzy over the dire ramifications of crashing oil prices, what happens? 150 more words


Stock markets, oil prices end week on a down note

Stock markets are poised to end a topsy-turvy week on a down note, along with oil prices.

With just 10 minutes left in the trading day Friday, Toronto’s benchmark S&P/TSX Composite Index has shed about 77 points to 14,380.23, with all but two of the 10 sectors on the Toronto Stock Exchange in the red. 108 more words


Stock markets post gains, oil prices edge higher

Stock markets headed north Wednesday, as bargain hunters moved in following hefty losses earlier in the week.

As of about 3:20 pm ET, Toronto’s benchmark S&P/TSX Composite Index has jumped about 54 points to just over 14,300. 85 more words


Stock markets, oil prices take a beating as traders return from holidays

Stock markets are down across the board Monday and oil prices briefly plunged below the $50 US a barrel mark as traders  return to their desks following the Christmas holidays. 219 more words