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TSX up for third day in row; energy stocks lead gainers
Toronto’s main equity index is ahead for a third straight day Thursday, as bargain hunters snap up beaten-down oil and gas stocks. As of about 12:45 pm EDT, the S&P/TSX Composite Index is up about...
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TSX gains 100+ points despite another drop in oil prices
Toronto’s lead equity index is up about 107 points to 14,490 of about 1:44 pm EDT Friday, despite another slide in oil prices. It’s the fourth straight day of gains for the S&P/TSX Composite Index,...
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Energy, materials stocks lead TSX gains; oil bounces off lows
Energy and materials stocks, which have been trounced so far this year, are enjoying a bit of respite Monday as oil, gold and copper prices bounce off their lows. As of about 1:22pm EDT, Toronto’s...
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Stocks continue rally as TSX jumps nearly 100 points; oil prices slump again
Stocks continued to rally Wednesday, with Toronto’s lead index up for a fourth straight day on the heels of another quarter-point cut in the Bank of Canada’s overnight rate, to just 0.5 per cent. Bank...
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Oil prices bounce off $50 US level; gold holds above $1,100
Oil prices are marginally higher in mid-day trading Tuesday, after briefly dipping below the $50 US mark on Monday. As of about 12:54 pm EDT, the August futures contract for West Texas Intermediate...
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TSX off 132 points, down for 5th day in a row; oil dips below $49 US/barrel
It’s another nasty day in the stock market with Toronto’s lead index down for a fifth session in a row, led by further declines in energy and materials stocks. As of about 1:43 pm EDT, the S&P/TSX...
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Gary Lamphier: Is this oil price bounce for real?
The worst is finally over. Or not. Either way, the dramatic plunge in oil prices over the past 16 months has entered a decisive final phase, one that’s likely to unfold by December. The bulls,...
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Gary Lamphier: Oil prices defy skeptics after failed talks in Doha
A funny thing happened Monday — or rather, didn’t happen. Oil prices didn’t collapse, despite a string of dire forecasts from analysts. “This is an extremely bearish scenario. Prices could touch $30 US...
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Gary Lamphier: Surprise OPEC deal to cap output sparks oil price rally
Alberta’s prolonged bout of economic misery is far from over, but the beginning of the end may finally be in sight. Oil prices jumped sharply Wednesday after the Organization of Petroleum Exporting...
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Gary Lamphier: Oil price outlook dims as doubts grow over OPEC deal
Oil prices dropped sharply Monday, driving the benchmark grade of U.S. light crude to its lowest level in more than a month, as the Organization of Petroleum Exporting Countries (OPEC) struggles to...
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