Friday, May 22nd23.3°C
26383
25263

TSX feeling Greek bailout & fiscal cliff

The Toronto stock market was in for a negative open Tuesday as traders fretted over a delay in organizing a crucial instalment of bailout money for Greece along and the approaching "fiscal cliff" in the United States.

The Canadian dollar was down 0.03 of a cent from Friday's close to 99.84 cents US. The loonie wasn't traded in Canada on Monday as banks were closed for the Remembrance Day holiday.

U.S. futures were in the red with the Dow Jones industrial futures down 61 points to 12,719, the Nasdaq futures were off 17.2 points at 2,563.8 while the S&P 500 futures slipped 7.9 points to 1,370.3.

Financial markets focused on Greece after ministers from the 17 countries that use the euro failed to agree on how to put Greece's bailout program back on track.

The Canadian Press


Read more Business News

24910


Recent Trending




Today's Market
S&P TSX15202.36-1.25
S&P CDNX701.07+0.56
DJIA18268.59-17.15
Nasdaq5097.58+6.79
S&P 5002130.21-0.61
CDN Dollar0.8129-0.0065
Gold1205.70+1.30
Oil57.45-1.98
Lumber273.30+3.70
Natural Gas2.891-0.058

 
Okanagan Companies
Pacific Safety0.14+0.00
Knighthawk0.010.00
QHR Technologies Inc1.46+0.01
Cantex0.03-0.01
Anavex Life Sciences0.397+0.025
Metalex Ventures0.09+0.01
Russel Metals25.76-0.06
Copper Mountain Mining1.37-0.04
Colorado Resources0.105+0.005
ReliaBrand Inc0.0048-0.0049
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.175-0.010
Decisive Dividend Corporation2.20+0.60

 



26341

FEATURED Property
1761161959 Regal Road
5 bedrooms 6 baths
$1,495,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...


Squaring the circle

Photo: Thinkstock.comI have been reading about market segmentation and choice. Howard Moskowitz’s research into tomato sauce as retold by Malcom Gladwell on the TED talks (http://www.ted.com/tal...

_





25482


Member of BC Press Council


26316