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Canadian Commentary

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Canadian stocks are looking for direction Tuesday morning in the absence of first-tier economic data. Traders will be paying attention to commodities prices after a recent spate of volatility. Energy stocks may push ahead, as WTI light sweet crude oil is up 52 cents, or 1.2 percent, to $43.90 a barrel...

Canadian stocks fought back from early losses to finish near the unchanged line Monday, helped by gains among health care and consumer discretionaries. The TSX Composite eased 3.54 points to 15,316.02, keeping most of their gains from the previous two sessions. Alimentation Couche-Tard Inc can...

The Canadian stock market got off to a positive start Monday, but has pared its gains in early trade and has now slipped into negative territory. Healthcare stocks are turning in a strong performance this morning, but shares of energy and gold stocks are falling as commodity prices weaken. Markets...

Early signals are mixed for Canadian stocks Monday, ahead of what may be a relatively quiet week to end the month of June. Traders will be paying close attention to crude oil prices for another move lower. WTI light sweet crude oil was up 8 cents at $43.10 a barrel, near its lowest in ten months. Energy...

Canadian stocks rallied for a second session Friday, rising further from recent 6-month lows on hopes the Bank of Canada will relent from raising interest rates. The BoC is unlikely to tighten monetary during a period of sluggish inflation. The Consumer Price Index rose 1.3% on a year-over-year...

The Canadian stock market is climbing in early trade Friday, adding to the gains from the prior session. Energy and gold stocks are leading the way higher this morning as commodity prices climb. Crude oil prices have remained stable since Thursday, following their recent collapse. Markets in Europe...

Canadian stocks were poised for a quiet open Friday, following an eventful day that saw Bay Street cheer a deal to rescue embattled lender Home Capital Group (HCG.TO). Famous investor Warren Buffett's Berkshire Hathaway bought a big stake in the company, a sign of the faith in the Canadian housing...

Canadian stocks rallied Thursday as the world's most famous investor threw a lifeline to Canada's most beleaguered lender. Warren Buffett's Berkshire Hathaway will provide a new C$2 billion ($1.5 billion) line of credit to Home Capital Group's (HCG.TO) Home Trust Co. "Home Capital's strong assets,...

The Canadian stock market is trading modestly to the upside Thursday morning, after ended the previous session nearly unchanged. Healthcare stocks are leading the way higher this morning, while financial and energy stocks are also providing support. Crude oil prices have steadied around $42 a barrel,...

Canadian stocks may rise Thursday amid relief in the financial sector, as embattled lender Home Capital Group (HCG.TO) has found its white knight. Famous investor Warren Buffett's Berkshire Hathaway will provide a new C$2 billion ($1.5 billion) line of credit to its unit Home Trust Co. "Home Capital's...

Canadian stocks were flat Wednesday. Energy stocks struggled as crude oil futures extended a sudden collapse into bear market territory. August WTI oil fell 98 cents, or 2.3%, to settle at $42.53/bbl, sliding through support to hit a 10-month low. That's despite news that crude inventories fell 2.5...

The Canadian stock market is bouncing back in early trade Wednesday, following yesterday's sharp pullback. The majority of the Canadian sectors are rising this morning, with the biggest gains among the energy, gold, information technology and healthcare stocks. Markets in Europe dipped at the open...

Canadian stocks are poised for modest gains in early dealing today, but Bay Street remains on edge after crude oil briefly dropped into bear market territory yesterday. Oil has steadied above $43 a barrel this morning, but a bearish U.S. oil from recent highs due to the global supply glut that OPEC...

Canadian stocks fell along with crude oil prices Tuesday, extending recent losses after a one-day reprieve. The TSX Composite Index was down 109 points at 15,160, the lowest in six months. August WTI oil was down 92 cents, or 2.1%, to settle at $43.51/bbl. July WTI oil ended at $43.23/bbl, down...

Canadian stocks may struggle to maintain positive momentum from the previous session, as crude oil futures tumbled into bear market territory. Bay Street has been in a foul mood of late, spooked by the energy slump and concerns about a housing bubble. Crude oil for July was down $1 at $43.22 a...

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