John's Feed
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.

Mar 4, 2015

TSX drops as bank, energy shares weaken

TORONTO, March 4 (Reuters) – Canada’s main stock index fell
on Wednesday as shares of banks dropped after their quarterly
earnings reports and energy shares declined with the price of
Brent crude.

Shares of Canada’s major banks have been choppy since the
banks began reporting results last week. It was a mixed quarter
overall, with Bank of Nova Scotia capping off the
earnings season by posting a weaker-than-expected quarterly
profit on Tuesday.

Mar 4, 2015

Bank, energy shares pull TSX lower in choppy trade

TORONTO, March 4 (Reuters) – Canada’s main stock index fell
in volatile trading on Wednesday as shares of banks declined
after recent quarterly earnings reports and energy shares
slipped after the price of crude oil dropped.

Bank shares have been choppy since the major banks began
reporting results last week. It was a mixed quarter overall,
with Bank of Nova Scotia capping off the earnings
season by posting a weaker-than-expected quarterly profit on
Tuesday.