John's Feed
Mar 12, 2015

TSX gains as copper price lifts mining stocks

TORONTO, March 12 (Reuters) – Canada’s main stock index
ended higher on Thursday as a rise in copper prices supported
shares of some mining companies, offsetting a decline in the
energy sector.

The benchmark TSX’s second straight gain follows equity
market weakness after a strong U.S. jobs report on Friday fueled
investor speculation that the Federal Reserve might raise
interest rates sooner than expected.

Mar 12, 2015

Canada IPO market trades commodities for tech as valuations climb

TORONTO, March 12 (Reuters) – Technology companies look set
to supplant energy and mining firms as the driver of Canadian
initial public offerings this year as global optimism about tech
startups boosts valuations and spurs early investors to cash
out.

The anticipated surge in capital-raising by tech companies
would provide a much-needed boost to the commodity-heavy
Canadian equity market, which has been hit hard by plunging oil
and metal prices.

Mar 12, 2015

TSX rises as miners gain with copper price, energy slips

TORONTO, March 12 (Reuters) – Canada’s main stock index
advanced on Thursday as higher copper prices supported shares of
some mining companies, helping offset a decline in the energy
sector.

The benchmark TSX’s second straight gain follows equity
market weakness after a strong U.S. jobs report on Friday fueled
investor speculation that the Federal Reserve might raise
interest rates sooner than expected.

Mar 11, 2015

TSX rebounds as energy shares advance with oil price

TORONTO, March 11 (Reuters) – Canada’s main stock index
rebounded from recent sharp declines on Wednesday as a jump in
the price of Brent crude oil helped support shares of energy
producers.

The index lost more than 3 percent in the previous three
sessions as investors’ bets on a U.S. Federal Reserve interest
rate hike boosted the U.S. dollar and hit commodity prices.
Canada is a major exporter of oil, metals and other commodities.

Mar 10, 2015

TSX slumps to five-week low on Fed fears

TORONTO, March 10 (Reuters) – Canada’s main stock index
dropped to its lowest in five weeks on Tuesday, dragged down by
worries that the U.S. Federal Reserve could raise interest rates
sooner than previously expected.

A strong U.S. dollar and mixed economic data from China put
pressure on oil prices, weighing on shares of energy producers.

Mar 10, 2015

TSX hits five-week low on fears of Fed rate hike

TORONTO, March 10 (Reuters) – Canada’s main stock index
dropped to its lowest in five weeks on Tuesday, hit by concerns
that the U.S. Federal Reserve could raise interest rates sooner
than later.

Further, a strong U.S. dollar and mixed economic data from
China put pressure on oil prices, weighing on shares of energy
producers.

Mar 9, 2015

TSX closes at five-week low as energy, BlackBerry slump

TORONTO, March 9 (Reuters) – Canada’s main stock index hit
its lowest level in five weeks on Monday, as energy shares fell
with weaker Brent oil prices and smartphone maker
BlackBerry Ltd dropped after a downgrade by Goldman
Sachs.

BlackBerry shed 7.4 percent to end at C$12.44, and the
energy sector dropped 2.4 percent on continued weakness in crude
prices on concerns about oversupply.

Mar 9, 2015

TSX declines as energy, BlackBerry shares drop

TORONTO, March 9 (Reuters) – Canada’s main stock index
declined in choppy trading on Monday as energy shares fell on
lower oil prices and smartphone maker BlackBerry Ltd
dropped after a downgrade by Goldman Sachs.

BlackBerry was 5.5 percent lower at C$12.70, and the energy
sector dropped 1 percent on continued weakness in crude prices.

Mar 6, 2015

TSX drops as U.S. jobs data sparks rate hike fears

TORONTO, March 6 (Reuters) – Canada’s main stock index
dropped to its lowest in more than a month on Friday as a
bullish U.S. jobs report raised fears that the Federal Reserve
could increase interest rates sooner than expected.

The upbeat data, coupled with a stronger U.S. dollar, helped
send the bullion price tumbling. Shares of gold miners dived.

Mar 6, 2015

TSX steady as gold miners drop, banks gain

TORONTO, March 6 (Reuters) – Canada’s main stock index was
little changed on Friday as the price of bullion declined after
a bullish U.S. jobs report, sending shares of gold miners
sharply lower and offsetting a gain in the index’s financial
sector.

The U.S. data showed a pickup in the pace of employment
growth in February and a drop in the jobless rate to a multiyear
low, raising speculation that the Federal Reserve might raise
interest rates sooner than expected.