Transportation, Retail and Markets Correspondent, Canada
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May 12, 2015

TSX sags on global jitters; all 10 sectors retreat

TORONTO, May 12 (Reuters) – Canada’s main stock index fell
sharply on Tuesday, tracking global equities, as volatility in
the bond markets and other worries had investors rattled
worldwide.

Government bonds sold off again, with benchmark 10-year U.S.
Treasuries yields at their highest since
mid-November and German 10-year yields rising even
more.

May 11, 2015

TSX edges lower as oil shares weigh

TORONTO, May 11 (Reuters) – Canada’s main stock index eased
on Monday as slim gains by heavily weighted financial shares
were offset by drops in energy companies on lower oil prices,
with the market staying cautious as it continued to digest
Friday’s U.S. employment data.

Oil and gas shares were down 0.8 percent as U.S. crude
prices dropped 0.7 percent at $58.96, while Brent crude
lost 1.3 percent to $64.53.

May 8, 2015

TSX climbs on U.S. jobs data, energy shares

TORONTO, May 8 (Reuters) – Canada’s main stock index
advanced on Friday as upbeat economic data reflected strength in
the U.S. labor market and shares of energy producers climbed
with the price of U.S. crude oil.

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 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.

    • 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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