Transportation, Retail and Markets Correspondent, Canada
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May 8, 2015

UK vote, U.S. jobs help drive TSX higher

TORONTO, May 8 (Reuters) – Canada’s main stock index rose on
Friday, tracking upbeat global markets as sentiment warmed
following a surprise win by the business-friendly Conservatives
in the UK election and data that showed a rebound in the U.S.
labor market in April.

In the United States, all three main stock indexes, the Dow
Jones industrial average, the S&P 500, and the
Nasdaq Composite were up over 1 percent.

May 7, 2015

TSX rebounds, ends up, but energy stocks down again

TORONTO, May 7 (Reuters) – Canada’s main stock index rose
broadly on Thursday, reversing a retreat in early trading as
resource stocks turned positive, but energy companies posted
another round of heavy declines as crude prices sank.

The heavily weighted materials group, home to mining and
other resource companies, finished 1.7 percent higher after
rebounding from early losses. The sector has remained rangebound
for much of the last two months, however.

May 7, 2015

Energy, financials spur another TSX retreat

TORONTO, May 7 (Reuters) – Canada’s main stock index fell
for the third consecutive session on Thursday as energy and
financial stocks extended Wednesday’s Alberta-election driven
rout.

The market was hit in the previous session as the shocking
victory of the left-leaning New Democratic party in Alberta
sparked concerns over how policy changes might impact the
oil-rich province.

May 6, 2015

NDP’s Alberta win drags TSX to one-month low

TORONTO, May 6 (Reuters) – Canada’s main stock index dropped
about 1 percent on Wednesday, hitting a one-month low, as the
victory of the New Democratic Party in oil-rich Alberta’s
provincial election hit energy shares.

The left-wing NDP beat the Progressive Conservatives in a
crushing win that ended the center-right party’s 44-year hold on
power in the western Canadian province.

May 6, 2015

TSX hits 1-month low as NDP victory sends energy stocks tumbling

TORONTO, May 6 (Reuters) – Canada’s main stock index fell on
Wednesday for the second straight session as hefty losses among
energy companies following an unprecedented election outcome in
Alberta province pushed the market to its lowest level in more
than a month.

The left-wing New Democratic Party (NDP) beat the
Progressive Conservatives in a crushing victory that ended the
center-right party’s 44-year hold on power in the Western
Canadian, oil-producing province.

May 5, 2015

TSX in selloff mode as sentiment on U.S. economy sours

TORONTO, May 5 (Reuters) – Canada’s main stock index tracked
world equity markets lower on Tuesday as investors, concerned
about U.S. growth prospects, shrugged off higher crude prices
and pushed the index to its biggest one-day drop in two months.

Energy stocks fell despite crude prices that hit their
highest levels of 2015, and the oil and gas sector was one of
the index’s biggest losers, retreating 1.3 percent.

May 4, 2015

TSX at one-week high as Couche-Tard, financials gain

TORONTO, May 4 (Reuters) – Canada’s main stock index hit a
one-week high on Monday, helped by strength in the financial
sector and shares of Alimentation Couche-Tard.

Convenience store operator Couche-Tard was by far the most
influential gainer on the index. Its shares climbed 4.6 percent
to C$47.59, recouping some of last week’s losses, after the
company issued a statement to clarify that the Circle K Corp
referenced in a Chapter 11 bankruptcy filing in the United
States was not its subsidiary.

May 4, 2015

TSX rallies broadly, Couche-Tard leads gains

TORONTO, May 4 (Reuters) – Canada’s main stock index rose
broadly on Monday on upbeat investor sentiment, with
across-the-board gains led by the materials group and
Alimentation Couche-Tard stock.

Convenience store operator Couche-Tard was by far the most
influential gainer on the index. Its shares climbed 4.3 percent
to C$47.46, recouping a chunk of last week’s losses, after the
company issued a statement to clarify that the Circle K Corp
referenced in a Chapter 11 bankruptcy filing in the United
States was not its subsidiary.

May 1, 2015

TSX climbs, led by Valeant, materials and banks

TORONTO, May 1 (Reuters) – Canada’s main stock index
advanced on Friday to recoup most of the previous session’s
losses, led by broad gains in financials and mining firms as
well as some positive earnings reports.

Month-end positioning and less than stellar quarterly
results sent the index down 0.8 percent on Thursday, even as it
climbed more than 2 percent overall during the month of April,
bolstered in part by a rally in crude prices.

Apr 30, 2015

Quarterly results, resources lead broad TSX rout

TORONTO, April 30 (Reuters) – Canada’s main stock index fell
on Thursday as investors, positioning their portfolios at the
end of the month, appeared less than impressed by a slew of
quarterly results.

Goldcorp Inc, the world’s biggest gold producer by
market value, saw its first-quarter profit fall due in part to
lower margins on gold sales and a higher tax rate. It was the
most influential decliner on the index, falling 5.37 percent to
C$22.91.

    • About Solarina

      "I am a Canadian transportation, retail and markets correspondent. I occasionally moonlight in entertainment and lifestyle news. I was formerly a homepage editor for Reuters.com, and an online news editor for Reuters.com, .co.uk and .ca. Life before Reuters included working in China and freelancing in California."
      Joined Reuters:
      2003
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