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North American stock markets close down as oil prices fall closer to $40 a barrel

TORONTO — An oversupply in crude inventories pulled down oil prices as the Toronto stock market finished lower.

The S&P/TSX index was down 51.78 points at 13,075.40, its lowest level since Sept. 152 more words

Oil Prices

Surge in oil prices powers TSX to another big advance

The Toronto stock market enjoyed its second big advance in as many days amid a rebound in oil prices.

The S&P/TSX index ended the day up 87.30 points at 13,710.31, on the heels of an almost 94-point advance on Monday. 130 more words

Oil Prices

Gary Lamphier: Time to buy Canadian stocks?

“Be fearful when others are greedy and greedy when others are fearful.” — Warren Buffett

The world’s big institutional investors have been giving Canada’s resource-heavy stock market the cold shoulder for a year now.  804 more words

Local Business

Stocks edge higher in range-bound trading Thursday; oil prices gain

Stock market indexes are posting modest gains in mid-day trading Thursday, regaining some of the ground lost in Wednesday’s selloff.

But investors remain decidedly cautious overall, fearing that the indexes could revisit their recent lows before any sustained move higher. 180 more words


Gary Lamphier: Jobs rise, stocks slide as market gyrations continue

“The stock market has forecast nine of the last five recessions.” — U.S. economist Paul Samuelson

Stock markets ended the week on a sour note, with key equity indexes in Toronto and New York suffering the latest in a string of triple-digit losses. 828 more words

Local Business

Another ugly day for stocks, oil prices, as markets swoon again

The gut-churning volatility in stock markets has continued on the first trading day of September, as skittish investors fret over the health of the global economy and oil prices take another dive. 205 more words


Oil prices up again at nearly $48 US a barrel on OPEC news

Oil prices are up sharply again Monday on news that the Organization of Petroleum Exporting Countries (OPEC) is finally willing to hold talks on cutting global oil supplies. 187 more words