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.
Read more Business News
- Conservatives elect Penticton manPenticton / S. Okanagan - 2:19 pm
- Crash at Kelowna racetrackKelowna - 8:50 pm
- Shots fired at RCMP after arrestBC - 2:03 pm
- Boat launch closures for SnowbirdsKelowna - 5:00 am
|QHR Technologies Inc||1.15||-0.02|
|Anavex Life Sciences||0.275||-0.005|
|Copper Mountain Mining||2.82||0.00|
|Sunrise Resources Ltd||0.05||+0.025|
|Mission Ready Services||0.19||+0.01|
Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...
The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...
The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...