TORONTO, Nov 2 (Reuters) – Toronto’s main stock index
jumped more than 1 percent on Wednesday, following two days of
sharp losses on Greek debt concerns, as energy and mining
stocks followed commodity prices higher.
Oil, copper and other commodities all rose, helped by
upbeat U.S. jobs data, following their vicious sell-off on
yesterday’s surprise announcement of a Greek referendum vote on
a euro zone rescue package.
TORONTO, Oct 31 (Reuters) – Canadian stocks got spooked on
Monday, falling more than 2 percent, with sliding commodities,
Japanese market intervention, the failure of a major brokerage
and Europe’s lingering crisis all making investors jittery.
A surprise move by Japan to weaken its currency by buying
U.S. dollars, caught the market off guard and had a negative
trickle-down effect on equities, commodities and other risky
TORONTO, Oct 31 (Reuters) – Canadian stocks weakened on
Monday, at one point falling more than 1 percent, as natural
resource companies followed commodity prices lower after
Japan’s intervention in currency markets.
Commodity prices were hit by a stronger U.S. dollar, which
jumped after the Japan intervened to weaken the yen. while
returning doubts over the EU’s plan to solve the debt crisis
added to the cautious tone.
TORONTO, Oct 26 (Reuters) – Canadian stocks staged a late
rally to close higher on Wednesday, shrugging off early losses,
helped by encouraging third-quarter earnings and news from
Europe about plans to tackle the region’s debt crisis.
Markets responded positively to a report the euro zone will
dip deeply into a $440 billion euro bailout fund, the details
of which won’t be revealed until November, according to a draft
statement obtained by Reuters.