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Feb 9, 2015

TSX little changed as energy rises, China data drags

TORONTO, Feb 9 (Reuters) – Canada’s main stock index was
little changed on Monday as a gain in energy shares on climbing
oil prices helped offset weak economic data from China.

China’s trade performance slumped in January, with both
exports and imports dropping, renewing concerns about the health
of the huge Asian economy.

Feb 9, 2015

TSX rises as energy shares gain with oil price

TORONTO, Feb 9 (Reuters) – Canada’s main stock index
advanced on Monday as a gain in energy shares on climbing oil
prices helped offset sluggish economic data from China.

China’s trade performance slumped in January, with both
exports and imports dropping, renewing concerns about the health
of the huge Asian economy.

Feb 6, 2015

TSX falls as U.S. rate hike fears hit gold shares

TORONTO, Feb 6 (Reuters) – Canada’s main stock index fell on
Friday as strong U.S. jobs data increased investor worries that
the U.S. Federal Reserve will raise interest rates, sending the
bullion price and shares of gold miners sharply lower.

Data showed U.S. job growth climbed in January and wages
rebounded strongly, raising expectations the Fed will increase
interest rates sooner than later.

Feb 6, 2015

TSX hits four-month high on U.S. data, oil prices

TORONTO, Feb 6 (Reuters) – Canada’s main stock index
advanced to its highest in more than four months on Friday as
strong U.S. jobs data boosted investor sentiment and higher oil
prices lifted shares of energy producers.

Data showed U.S. job growth climbed in January and wages
rebounded strongly, raising expectations that the U.S. Federal
Reserve will increase interest rates sooner than
later.

Feb 4, 2015

TSX weakens as rally in oil shares stalls

TORONTO, Feb 4 (Reuters) – Canada’s main stock index fell on
Wednesday, pulled down by a drop in oil and gas shares after a
report showing a jump in U.S. crude inventories weighed on oil
prices.

The oil-price weakness followed four days of
gains during which the commodity rebounded off multiyear lows on
hopes that production might slow and help reduce a glut in crude
supplies.

Feb 4, 2015

TSX declines as energy sector eases after rally

TORONTO, Feb 4 (Reuters) – Canada’s main stock index fell on
Wednesday as signs of increasing U.S. crude inventories put
pressure on the price of oil and shares of energy companies.

The weakness in oil prices followed four days
of gains, when the commodity rebounded off multiyear lows on
hopes that production might come down. Investors remain
concerned about the supply-demand imbalance in oil.

Feb 3, 2015

Energy shares rally, push TSX to two-month high

TORONTO, Feb 3 (Reuters) – Canada’s main stock index jumped
more than 1 percent to its highest level in more than two months
on Tuesday as rallying oil prices benefited from a weaker U.S.
dollar, sending energy shares higher.

After slumping to multiyear lows in recent months over
concerns about oversupply, the price of oil began bouncing back
late last week on hopes that oil production might fall.

Feb 3, 2015

Oil rally lifts TSX to two-month high

TORONTO, Feb 3 (Reuters) – Canada’s main stock index jumped
to its highest in more than two months on Tuesday as energy
shares rose as oil prices extended a rally on hopes that oil
production might come down.

After slumping to multiyear lows in recent months over
concerns about oversupply, the price of oil began bouncing back
late last week. The U.S. crude oil price was up about 3 percent
on Tuesday, and some investors were betting that it might have
found a bottom.

Feb 2, 2015

TSX jumps 1.6 percent as energy shares rebound

TORONTO, Feb 2 (Reuters) – Canada’s main stock index ended
about 1.6 percent higher on Monday as oil prices jumped on hopes
that they might be nearing a bottom, sending shares of energy
producers sharply higher.

Investors have been rushing back to the battered energy
sector to take advantage of appealing valuations, with the oil
price rallying off multiyear lows since late last week as some
concerns about excess supply began to ease. Shares of energy
producers added 4.5 percent on Monday, adding to a 4.7 percent
gain in the previous session.

Feb 2, 2015

TSX climbs as energy shares jump with oil prices

TORONTO, Feb 2 (Reuters) – Canada’s main stock index
advanced with higher oil prices on Monday as investors rushed to
the battered energy sector to take advantage of appealing
valuations.

Shares of energy producers extended a 4.7 percent gain in
the previous session, when the oil price began rallying off
multi-year lows as some concerns about excess supply began to
ease.