Monday, August 3rd32.0°C
27162
26494

Stock markets' lacklustre morning

The Toronto stock market was lower amid data showing the Canadian economy faltered in September.

Traders also waited for further word on how negotiations are progressing in heading off a critical U.S. budget impasse.

The S&P/TSX composite index was off six points to 12,196.85. The Canadian dollar was down 0.09 of a cent to 100.64 cents US as Statistics Canada reported there was no growth in gross domestic product during September following a 0.1 per cent dip during August.

New York markets were mixed as traders also took in disappointing consumer spending data.

The Dow Jones industrials were ahead 9.56 points to 13,031.38, as consumer spending dropped 0.2 per cent in October. That's down from an increase of 0.8 per cent in September and the weakest showing since May.

The Nasdaq inched up 0.04 of a point to 3,012.07, while the S&P 500 index slipped 0.42 of a point to 1,415.53.

The Canadian Press


Read more Business News

26480


Recent Trending




Today's Market
S&P TSX14468.44+85.68
S&P CDNX594.31+6.01
DJIA17598.20-91.66
Nasdaq5115.38-12.90
S&P 5002098.04-5.80
CDN Dollar0.7601+0.0001
Gold1096.90+0.60
Oil45.77+0.21
Lumber259.40+7.30
Natural Gas2.883+0.062

 
Okanagan Companies
Pacific Safety0.17-0.01
Knighthawk0.010.00
QHR Technologies Inc1.42+0.00
Cantex0.035-0.005
Anavex Life Sciences1.13+0.22
Metalex Ventures0.05+0.00
Russel Metals19.40-0.05
Copper Mountain Mining0.79+0.01
Colorado Resources0.065+0.005
ReliaBrand Inc0.0049+0.0004
Sunrise Resources Ltd0.03+0.00
Mission Ready Services0.095-0.045
Decisive Dividend Corp2.55+0.05

 





FEATURED Property
23220172422 Mountains Hollw Lane
4 bedrooms 3 baths
$564,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Mortgage policy changes?

There are rumours circulating again that the federal government may move to tighten mortgage insurance criteria. This is prompted by a recent article in the Financial Post. The housing market while b...


Chasing ducks

Photo: Thinkstock.comWhen businessmen tell me that being low priced is the only way to stay in business, I am skeptical. Price is the simplest way for a consumer to compare and is overused as the basi...


Taking care of business

Photo: Thinkstock.comRetirement as a goal has changed a lot over the years. There was a time, it was the only goal. You’d punch the clock and count the years until you could stop punching that t...

_








Member of BC Press Council


26780