Stock Markets

Toronto stock market higher amid worse than expected economic data from eurozone

TORONTO—The Toronto stock market was modestly higher Thursday amid dismal economic data from Europe. The S&P/TSX composite index advanced 32.42 points to 15,295.15. The Canadian dollar was up 0.12 of a cent to 91.72 cents US, a day ahead of the release of revised employment data for July. Statistics Canada said earlier this week it …

World stock markets mostly lower after Germany’s economy contracts, France’s stagnates

HONG KONG—A contraction in Germany’s economy and stagnation in France dragged on European stocks Thursday while Asian markets ended mixed. Keeping score France’s CAC 40 lost 0.4 per cent to 4,176.03 and Germany’s DAX shed 0.4 per cent to 9,164.92. Britain’s FTSE 100 edged up 0.1 per cent to 6,661.95. U.S. shares were set to …

Improvement in geo-political situation overseas lifts peso, PSEi Monday

MANILA — Pull-out of Russian troops from borders near Ukraine and a fresh 72-hour ceasefire in Israel and Gaza fueled both the Philippine peso and the local bourse Monday. The local currency capped the day at P43.86, way better than the P43.13 Friday last week. A trader said investors’ sentiment turned bullish following the improvements …

World stock markets mostly down on Ukraine, Iraq jitters; exports boost China index

Keeping score Futures augured a down session on Wall Street. Dow futures were down 0.4 per cent at 16,260 and S&P 500 futures lost 0.4 per cent to 1,896.80. European shares were down but trimmed their opening losses. Germany’s DAX shed 0.8 per cent to 8,970.34 and France’s CAC 40 dropped 0.3 per cent to …

Geopolitical worries likely to depress Toronto stock market for second day

TORONTO — The Toronto stock market looked set for a lower open with traders wary of risky assets such as equities amid a number of geopolitical flashpoints. The Canadian dollar dipped 0.01 of a cent to 91.56 cents US prior to the release of the employment report for July. Economists expect that the economy cranked …

European shares down ahead of US data, Asia gains on US earnings reports

TOKYO—European stocks were lower Wednesday ahead of U.S. economic data while cheery earnings from major Japanese companies such as Honda Motor Co. boosted Asian markets. Keeping score In morning trade in Europe, France’s CAC 40 dipped 0.7 per cent to 4,334.79 and Britain’s FTSE 100 edged down 0.2 per cent to 6,791.58. Germany’s DAX shed …

Toronto stock market set to rise on earnings news, strong manufacturing data

The Toronto stock market was set for a sharply higher open Thursday amid encouraging Chinese and European manufacturing data and strong earnings reports. The Canadian dollar rose 0.04 of a cent to 93.25 cents US. U.S. futures were higher as traders digested reports from a slew of companies, including social network site Facebook and automaker …

World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions

TOKYO—World shares were rattled Thursday by reports the European Union is weighing stiffer financial sanctions against Russia. A further pickup in China’s manufacturing in July failed to lift markets which have been unnerved the past week by Israel’s invasion of Gaza and the shooting down of a civilian jetliner over a part of eastern Ukraine …

World stock markets rise as Ukraine plane tensions ease

TOKYO — World stock markets rose Tuesday as tensions over the downing of a passenger jet in Ukraine eased after pro-Moscow separatists released a train packed with bodies and handed over the aircraft’s black boxes. In Europe, Britain’s FTSE 100 gained 0.5 per cent to 6,764.55 and Germany’s DAX added 0.8 per cent to 9,689.15. …

World stock market stumble as recent highs, earnings instil caution

TOKYO—Asian stocks fell for a third day Wednesday and European markets traded tepidly as caution spread ahead of corporate earnings and after record highs on Wall Street. The just-started U.S. earnings season as well China’s second quarter GDP figures, due next week, will help investors determine whether the recent run up in stock valuations has …

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