Yahoo! Canada Finance: US Markets News

Canada banks to cap 2009 with decent quarter

Sun, 22 Nov 2009 15:37:00 GMT

Reuters - TORONTO (Reuters) - It was supposed to be a year of blood-letting, but Canada's big banks are poised to close 2009 with another decent quarter as strong trading revenues again offset big loan losses.

Oil prices, profit-taking drag TSX lower

Fri, 20 Nov 2009 22:37:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index fell on Friday as weaker oil prices, caused partly by a stronger U.S. dollar, weighed on resource issues, including Suncor Energy Inc.

Global stocks slip, dollar gains on economy fears

Fri, 20 Nov 2009 21:44:00 GMT

Reuters - NEW YORK (Reuters) - Global stocks slid and the U.S. dollar rose on Friday as investors cut their exposure to risky assets amid signs of an anemic U.S. economic recovery.

TSX sags on weaker commodities, profit-taking

Fri, 20 Nov 2009 17:46:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was lower on Friday morning as weaker commodity prices, caused partly by a stronger U.S. dollar, pressured shares of Barrick Gold and other resource issues.

Wall St dragged lower after Dell, Horton results

Fri, 20 Nov 2009 16:39:00 GMT

Reuters - NEW YORK (Reuters) - Worst-than-expected results from computer maker Dell and homebuilder D.R. Horton helped push stocks lower on Friday in the third straight negative session for Wall Street.

Wall Street drops after Dell, D.R. Horton results

Fri, 20 Nov 2009 15:23:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stocks fell on Friday after worse-than-expected quarterly results from computer maker Dell Inc and homebuilder D.R. Horton Inc underscored that the road to recovery would not be smooth.

TSX opens lower as commodities weigh

Fri, 20 Nov 2009 14:42:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock market index opened lower on Friday as weaker commodity prices, caused partly by a stronger U.S. dollar, pressured shares of Barrick Gold and other resource stocks.

Dell, D.R. Horton results weigh on Wall Street

Fri, 20 Nov 2009 14:40:00 GMT

Reuters - NEW YORK (Reuters) - Wall Street opened lower on Friday after worse-than-expected quarterly results from computer maker Dell and homebuilder D.R. Horton underscored that the road to recovery would not be smooth.

Dollar falls as commodities, equities weaken

Fri, 20 Nov 2009 14:21:00 GMT

Reuters - TORONTO (Reuters) - The Canadian dollar fell on Friday, hurt by weaker equity and commodity prices, including a drop in oil and gold, and broad-based U.S. dollar strength as many investors lost their appetite for risk.

Year-end positioning, Ukraine worries hit stocks

Fri, 20 Nov 2009 13:58:00 GMT

Reuters - LONDON (Reuters) - World equities fell on bank worries and the dollar climbed on Friday as a bout of year-end risk aversion gripped European markets, and Wall Street looked set to follow suit.

Futures point lower after Dell, D.R. Horton results

Fri, 20 Nov 2009 13:54:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stock index futures pointed to a lower open on Friday after worse-than-expected quarterly results from computer maker Dell and homebuilder D.R. Horton underscored that the road to recovery would not be smooth.

Resources seen weighing on TSX

Fri, 20 Nov 2009 13:12:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock market index could open lower on Friday as a stronger U.S. dollar and weaker oil prices put pressure on the resource stocks.

Futures down on weak commodities, on quarterly results

Fri, 20 Nov 2009 12:54:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stock index futures fell on Friday, as a stronger U.S. dollar weighed on commodities and natural resource stocks and weak results from computer maker Dell and homebuilder D.R. Horton underscored the rocky road to an economic recovery.

World stocks fall and dollar gains

Fri, 20 Nov 2009 12:49:00 GMT

Reuters - LONDON (Reuters) - Investors gave up a brief flirtation with higher stocks and a higher dollar on Friday as world equities fell and the dollar climbed.

Futures lower after Dell results

Fri, 20 Nov 2009 12:13:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stock index futures were lower on Friday, a day after Dell Inc reported weaker-than-expected third-quarter sales, underlining concerns about the strength of technology sector.

Stock futures mixed; Dell in focus

Fri, 20 Nov 2009 11:33:00 GMT

Reuters - (Reuters) - U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 down 0.04 percent, Dow Jones futures down 0.04 percent and Nasdaq 100 futures up 0.07 percent at 1010 GMT (5:10 a.m. EST).

World stocks and dollar both gain

Fri, 20 Nov 2009 08:55:00 GMT

Reuters - LONDON (Reuters) - Financial markets saw a rare breakdown in correlations on Friday with world stocks eking out modest gains after the previous sessions losses but the dollar strengthening.

Asia shares dip in nervous trade, dollar steady

Fri, 20 Nov 2009 07:01:00 GMT

Reuters - HONG KONG (Reuters) - Asian shares slipped on Friday, but recovered some early losses, while the dollar was steady after U.S. data raised fears that a global economic recovery could lose momentum.

Asia shares dip in shift to safety

Fri, 20 Nov 2009 04:00:00 GMT

Reuters - HONG KONG (Reuters) - Asian shares fell on Friday and the dollar firmed as investors took profits on riskier assets after U.S. data raised fears that a global economic recovery could lose momentum.

Fairfax Financial Holdings to voluntarily delist shares from NYSE

Thu, 19 Nov 2009 23:27:00 GMT

The Canadian Press - TORONTO - Fairfax Financial Holdings Ltd. (TSX:FFH) said Thursday it plans to voluntarily delist its subordinate voting shares from the New York Stock Exchange.

Stocks drop, dollar gains as growth doubted

Thu, 19 Nov 2009 23:22:00 GMT

Reuters - NEW YORK (Reuters) - Shares slumped globally on Thursday and the dollar gained against the euro as investors reassessed optimistic expectations for a rebound in world economic growth.

TSX finishes lower as oils, Manulife weigh

Thu, 19 Nov 2009 22:17:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index skidded on Thursday as oil prices dropped and Manulife Financial rattled investors by announcing a surprise, C$2.5 billion stock offering.

Canadian dollar ends weaker as commodity prices slip

Thu, 19 Nov 2009 21:52:00 GMT

Reuters - TORONTO (Reuters) - Canada's dollar skidded on Thursday to its weakest against the U.S. currency in more than a week and ended down for a third straight session as key commodity prices slipped and investors curbed their appetite for risk.

TSX falls as oil, Manulife weigh

Thu, 19 Nov 2009 21:11:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index slumped on Thursday as oil prices sank and shares of Manulife Financial tumbled after it surprised investors with a C$2.5 billion stock offering.

Financings hit record on Canada's top exchange

Thu, 19 Nov 2009 19:47:00 GMT

Reuters - TORONTO (Reuters) - Companies have raised a record amount of money on the Toronto Stock Exchange this year, the latest sign of how strongly markets have rebounded from the global financial crisis.

Crude prices tumble 3 per cent following a sell off on equity markets in Asia, Europe and the US

Thu, 19 Nov 2009 17:37:00 GMT

The Canadian Press - NEW YORK - A global selloff on equity markets dragged down crude prices by nearly three per cent Thursday, the first decline this week.

Manulife stock plunges after $2.3 billion issue

Thu, 19 Nov 2009 16:35:00 GMT

Reuters - TORONTO (Reuters) - Shares of Manulife Financial Corp tumbled on Thursday after Canada's biggest insurer said it would raise at least C$2.5 billion ($2.3 billion) in a bought deal equity financing, diluting share values for a second time in less than a year.

TSX tumbles 1 percent as Manulife weighs

Thu, 19 Nov 2009 16:26:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was down more than 1 percent on Thursday morning, dragged lower by Manulife Financial as investors reacted to a major stock offering by the country's biggest insurer.

TSX down 1 percent as Manulife shares unloaded

Thu, 19 Nov 2009 15:17:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index dropped more than 1 percent on Thursday, dragged down by Manulife Financial as investors reacted to a major stock offering by the insurer.

TSX opens down as oil and gold prices slip

Thu, 19 Nov 2009 14:41:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index opened lower on Thursday, dragged down by a slip in oil and gold producers on the resource-laden market and a drop in Manulife Financial after it announced a major stock offering.

Stronger dollar weakens gold, equities fall

Thu, 19 Nov 2009 13:11:00 GMT

Reuters - LONDON (Reuters) - The dollar pushed further away from 15-month lows on Thursday, forcing gold prices lower while global equities fell from the top of their recent range and Wall Street looked set to open lower.

TSX may open lower as commodities drop

Thu, 19 Nov 2009 13:02:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock market index could open lower on Thursday as weak gold and energy prices constrain the resource-laden market.

Stock futures signal losses; eyes on techs

Thu, 19 Nov 2009 11:05:00 GMT

Reuters - (Reuters) - U.S. stock index futures pointed to a lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.61 percent, Dow Jones futures down 0.51 percent and Nasdaq 100 futures down 0.44 percent at 1030 GMT (5:30 a.m. EST).

Asian stock markets turn mixed amid US economic weakness; European shares fall

Thu, 19 Nov 2009 10:01:00 GMT

The Canadian Press - HONG KONG - Asian stock markets turned in a mixed performance Thursday as signs of weakness in the U.S. economy aggravated worries about the strength of the global recovery. European markets fell in early trade.

Asian Stocks ease, dollar up as risk shunned

Thu, 19 Nov 2009 07:54:00 GMT

Reuters - HONG KONG (Reuters) - Asian stocks eased on doubts about the pace of economic recovery, while the Indonesian rupiah and the Indian rupee fell on concerns over official steps to curb capital flows after Brazil's latest move to limit the rise of its currency.

Recovery doubts as Japan stocks tumble

Thu, 19 Nov 2009 02:18:00 GMT

Reuters - HONG KONG (Reuters) - Doubts about the pace of economic recovery hit Asian markets on Thursday, with Japanese stocks falling to a four-month low and the Australian dollar down for a third day as a December interest rate hike no longer looked like a sure thing.

TSX edges higher in "sideways" session

Wed, 18 Nov 2009 22:26:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index finished higher on Wednesday, after languishing at the break-even level for most of the afternoon, following early buying that sent the resource-heavy index to a 13-month high.

Gold extends record high on dollar weakness

Wed, 18 Nov 2009 22:04:00 GMT

Reuters - NEW YORK (Reuters) - Gold turned in the brightest performance on an otherwise dismal day for global markets, hitting a record high after weak U.S. economic data and worrisome outlooks from some software companies undermined the economic recovery outlook.

TSX end higher for fourth straight session

Wed, 18 Nov 2009 21:50:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index ended slightly higher on Wednesday, but was off its highest levels of the day as investors took a break after early buying sent the resource-heavy index to a 13-month high.

TSX flat after earlier hitting 13-month high

Wed, 18 Nov 2009 18:52:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index was little changed on Wednesday as investors opted to pocket gains recorded early in the session that had sent the resource-heavy index to a 13-month high alongside a rise in commodity prices.

Stocks falter on home construction data, tech

Wed, 18 Nov 2009 18:03:00 GMT

Reuters - NEW YORK (Reuters) - Stocks fell on Wednesday on worrisome outlooks from major software makers and as a surprise drop in new home construction last month prompted concern about the strength of an economic recovery.

Stocks hurt by home construction data, techs

Wed, 18 Nov 2009 16:12:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stocks fell on Wednesday on worrying outlooks from major software makers and as a surprise drop in new home construction last month prompted concern about the strength of an economic recovery.

TSX higher as oil prices boost energy shares

Wed, 18 Nov 2009 16:02:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index held on to slim gains on Wednesday morning as soft U.S. data cut into an early rally that saw the TSX climb to its highest level in 13 months on strength in energy issues.

TSX turns lower after higher start to session

Wed, 18 Nov 2009 15:27:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index slipped lower on Wednesday as weak U.S. economic data weighed on sentiment and offset an early rally by energy shares, which had lifted the resource-heavy TSX to a 13-month high.

Stocks drop after home construction data

Wed, 18 Nov 2009 15:25:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stocks fell on Wednesday as an unexpected drop in new home construction in October sparked caution about the strength of an economic recovery, offsetting strength in the natural resources sector amid U.S. dollar weakness.

Stocks drop as techs, housing data weigh

Wed, 18 Nov 2009 15:24:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stocks fell on Wednesday as investors turned cautious following data showing new U.S. home construction fell unexpectedly in October and a worrying outlooks from major software makers.

Gold hits record above $1,150/oz as dollar falls

Wed, 18 Nov 2009 14:57:00 GMT

Reuters - LONDON (Reuters) - Gold rose to record highs above $1,150 an ounce on Wednesday as the dollar index languished, boosting interest in the metal as an alternative asset, after largely benign U.S. inflation data.

S&P 500 pares losses led by banks, materials

Wed, 18 Nov 2009 14:56:00 GMT

Reuters - NEW YORK (Reuters) - The S&P 500 briefly pared losses and turned positive after the open on Wednesday, led by gains in financials and materials stocks.

TSX opens at highest level in 13 months

Wed, 18 Nov 2009 14:47:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock index rose to its highest level in 13 months at the open on Wednesday as Suncor Energy and its peers rallied on firmer oil prices, while gold-mining shares also helped boost the resource-heavy index.

Stocks fall after weak housing data

Wed, 18 Nov 2009 14:41:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stocks opened lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness.

Stocks set to slip at open on housing data

Wed, 18 Nov 2009 14:09:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stocks were set to open lower on Wednesday after data showed U.S. housing starts fell unexpectedly in October, offsetting strength in the natural resources sectors amid U.S. dollar weakness.

Stock futures slip after housing data

Wed, 18 Nov 2009 13:46:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stock index futures dropped on Wednesday after data showed housing starts unexpectedly fell in October to their lowest level in six months.

TSX may open higher on gold, data eyed

Wed, 18 Nov 2009 13:27:00 GMT

Reuters - TORONTO (Reuters) - Toronto's main stock market index could open higher on Wednesday as strong oil and record gold prices boost the resource-heavy market, while investors digest the latest inflation data from both Canada and the United States.

Gold hits record high, stocks rally

Wed, 18 Nov 2009 12:47:00 GMT

Reuters - LONDON (Reuters) - Gold prices hit a record high and oil and stock markets around the world rose on Wednesday as investors picked up assets that were seen appreciating further as the global economy recovers.

Stock futures edge up on resource plays before data

Wed, 18 Nov 2009 12:46:00 GMT

Reuters - NEW YORK (Reuters) - U.S. stock index futures edged higher on Wednesday as weakness in the U.S. dollar underpinned natural resource shares, including gold miners, ahead of key data on October housing starts and consumer prices.