Canadian Commentary

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Canadian stocks ended higher for a fourth straight session on Friday, tracking rising global equity markets and driven by gains in the energy sector with oil prices rebounding. The positive Federal Reserve stand on interest rate hikes yesterday, also weighed. With little or no major economic releases...

Canadian stocks are moving higher Friday morning, extending gains to a fourth successive day as crude oil prices steadied above $55 a barrel. After a flat start, the benchmark S&P/TSX Composite Index is up 85.44 points or 0.60 percent at 14,432.31, on course to end the week with a gain of about 5...

Canadian stocks look set to open on a positive note Friday, extending gains to a third successive session, on strong global cues and fairly encouraging Canadian economic data. According to data released by Statistics Canada, core consumer price inflation unexpectedly declined to 2 percent in November,...

Canadian stocks ended higher for a third straight session on Thursday, tracking rising global markets, after some upbeat initial claims for unemployment benefits from the U.S. and the Federal Reserve's stand on interest rate hikes yesterday. The market opened on a buoyant note with stocks extending...

Canadian stocks are giving back most of their early gains Thursday mid morning, after crude oil rally proved short-lived. Earlier, the market opened on a buoyant note with stocks extending previous session's gains amid hopes the Federal Reserve will not hike rates anytime soon. Positive data on U.S....

Canadian stocks look set to open on a bright note Thursday, extending previous session's gains, with the U.S. Federal Reserve unlikely to hike interest rates anytime soon. Positive data on U.S. initial jobless claims for the week ended December 13 will aid sentiment. Gains in European markets...

Canadian stocks soared to end over 2.5 percent higher Wednesday, on some positive market sentiment as investors viewed the Federal Reserve's monetary policy statement as putting off an anticipated interest rate hike until late next year. The gains were led by the energy sector, with all major components...

Canadian stocks are rising sharply Wednesday, led by gains in the energy section amid a slew of merger and acquisition news in the wake of Talisman's buyout by European giant Repsol. Several stocks from mining and financial sections are up on bargain hunting, contributing substantially to market's...

Canadian stocks ended sharply higher on Tuesday, led by gains in the energy sector, on the back of a lucrative buyout of Talisman Energy by Repsol SA. Investors largely ignored some weak economic data from the U.S. and China, while awaiting the outcome of the U.S. Federal Reserve's monetary policy...

Canadian stocks are rising Tuesday morning, riding on gains in the energy section on the back of a lucrative buyout of Talisman Energy. With the news about Talisman's buyout lifting sentiment, investors are shrugging off another sharp slide in crude oil prices and some downbeat economic data from...

Canadian stocks are likely to drift lower Tuesday morning, but energy stocks may be positioned to withstand plunging oil prices thanks to a lucrative buyout of Canada's Talisman Energy. Some downbeat economic data from the U.S. and China could weigh as well. Eurozone data is a bit mixed. Investors...

Canadian stocks ended lower Monday, dragged down by resource stocks while tracking declining global equity markets as crude oil plunged to new lows with continued worries over the global economic sluggishness. Investors also digested some mixed economic data out of the U.S. The main index trended...

Canadian stocks are slightly higher Monday mid morning amid bargain hunting after last week's major losses. However, with oil retreating and falling towards new five-year lows after a modest rebound, stocks have given up most of their early gains. Caution ahead of the U.S. Federal Reserve's monetary...

Canadian stocks may open slightly higher Monday, as bargain hunters are likely to step in after last week's major losses. Fairly steady European markets are likely to lift sentiment. However, sluggish crude oil prices and the bullion's decline may limit market's upside. Data showing a contraction...

Canadian stocks ended sharply lower Friday, tracking declining global equity markets as crude oil plunged to a fresh five-year low and over worries about the global economy hurting sentiment even as investors digested some mixed economic data from the U.S. The S&P/TSX Composite Index shed about 5.1...