Thursday wrap: TSX closes flat as RBC earnings report weighs on financials
Resource stocks lose momentum
- By: Malcolm Morrison
- August 26, 2010 August 26, 2010
- 15:40
Resource stocks lose momentum
Weekly earnings rise by 4% in June
Growth will continue to disappoint in the near term
Commodities rise
CIBC beats forecasts
Financial industry profits drop 2.7%
CIBC beats forecasts
U.S. data deepens economic woes
Sales drop in six provinces
Commodities slide
2009-10 deficit $19.3 billion, $2 billion less than forecast
Banks up ahead of earnings
U.S. futures rise on M&A activity
BMO to kick off earnings season on Tuesday
Results milder than expected
New York lower on concerns recovery fading
Data reinforces worries about U.S. recovery
Consumer spending cooling as households focus on debt repayment
Dow tumbles 144 points
Canadian dollar slips
Sales down 0.1% by volume
Housing index continues to retreat
BHP to take Potash offer to shareholders
Bank of Canada has little room to move if Federal Reserve keeps U.S. rates on hold
Stronger growth in Europe, but weakness in the U.S., Japan