Friday, July 25th14.4°C
21452

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

22567


Recent Trending




Today's Market
S&P TSX15394.45+0.07
S&P CDNX1011.65-0.58
DJIA17083.80-2.83
Nasdaq4472.107-1.59
S&P 5001987.98+0.97
CDN Dollar0.9292-0.0015
Gold1297.50-7.00
Oil104.30-0.29
Lumber326.00+0.20
Natural Gas3.853+0.006

 
Okanagan Companies
Pacific Safety0.200.00
Knighthawk0.01-0.005
QHR Technologies Inc1.17+0.02
Cantex0.08+0.02
Anavex Life Sciences0.28-0.045
Metalex Ventures0.08+0.01
Russel Metals35.57-0.08
Copper Mountain Mining2.82+0.06
Colorado Resources0.205-0.01
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.19+0.01

 



21336

FEATURED Property
202611210979 Maddock Avenue, W Winfield, V4V 2J5
$665,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Geopolitical tensions rattle markets

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...


Labour shortage in BC

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...


Learn to delegate effectively

Photo: ContributedI have the pleasure of witnessing people delegate tasks quite often. Sometimes with tremendous success and sometimes with disastrous consequences. I have chaired a lot of committees...

_








Member of BC Press Council


22097