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.
Read more Business News
- Kamloops retiree living a dreamKamloops - 4:29 pm
- Armed robberiesKelowna - 4:38 pm
- Burying utilities uncovers $1M overrunKelowna - 2:37 pm
- Sunshine brings out cyclists & warningKelowna - 2:54 pm
|QHR Technologies Inc||1.24||+0.05|
|Anavex Life Sciences||0.47||-0.07|
|Copper Mountain Mining||2.03||-0.11|
|Sunrise Resources Ltd||0.035||+0.005|
|Mission Ready Services||0.29||+0.015|
How will you pay for this today? Maybe it’s time to change the way you answer this common checkout question.With more payment options than ever, consumers can find easy ways to save money, simpl...
In the razzle dazzle of Hollywood it is hard to find anyone who stands out from the crowd. The fraternity of Actors, Producers, Directors and various other technical guru’s seem to live in a wo...
This past Sunday I drove from Kelowna to Powell River. For those of you who’ve never had to, particularly in winter, it means rising in the wee hours; managing a treacherous journey on the Coqui...