markets

• Crude oil prices see their best month on record, surging 88%

  The Canadian dollar traded for 72.53 cents US compared with 72.65 cents US on Thursday.

  Canada

  May 29, 2020
• North America stock markets end week with a jump despite historic job losses

  The S&P/TSX composite index closed up 132.87 points at 14,966.56.

  Canada

  May 8, 2020
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• Dow surges over 11% in strongest one-day gain since 1933 as U.S. inches closer to deal

  The Canadian dollar traded for 69.01 cents US compared with an average of 69.05 cents US on Monday.

  Economy

  Mar 24, 2020
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• Stock markets fall to close worst trading week since 2008 crisis

  After starting the day stronger, markets dropped to end the week down by double digits compared to last week.

  Economy

  Mar 20, 2020
• Coronavirus: Global shares rebound after Wall Street dive, recession warning

  Shares rebounded in Europe and Asia on Tuesday after a brutal sell-off that gave the U.S. stock market its worst loss in over 30 years, with many economies grinding to a standstill in hopes of containing the spread of the coronavirus.

  Consumer

  Mar 17, 2020
• TSX sees biggest gain since 2008 as stimulus ramps up

  The Bank of Canada unexpectedly cut its overnight rate by 50 basis points to 0.75 per cent, its second half-point cut in nine days, and the government said it would offer C$10 billion in credit support to businesses.

  Canada

  Mar 13, 2020
• TSX, Wall Street rebound amid hopes of fiscal stimulus by U.S., other governments

  The S&P/TSX composite index closed up 443.85 points or 3.1 per cent to 14,958.09 after losing 1,660.78 points on Monday.

  Economy

  Mar 10, 2020
• Plunging oil prices amid coronavirus fears slam Wall Street, TSX sinks to 14-month low

  The energy index plunged 17.3 per cent to its lowest level since August 2004 and crude prices were on track for their worst day in three decades as Saudi Arabia and Russia moved to significantly ramp up production after the collapse of a supply cut agreement.

  Consumer

  Mar 9, 2020
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• Wall Street, TSX pause trading as stocks plunge amid oil market chaos

  Expect more deep rate cuts from the Bank of Canada and stimulus spending from Ottawa, one economist says.

  Money

  Mar 9, 2020
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• Dow sees biggest one-day gain since 2009 following rough week for U.S. stock market

  Trading was very busy on U.S. exchanges, with 14 billion shares changing hands compared with a 9.5 billion-share average for the last 20 days.

  Economy

  Mar 2, 2020