Friday wrap: TSX ekes out modest gain
Weak consumer confidence drags U.S. markets lower
- By: Megan Harman
- August 14, 2009 August 14, 2009
- 15:50
Weak consumer confidence drags U.S. markets lower
Aerospace industry sales boomerang
Fees for certain trades to fall 24%
U.S. inflation rate unchanged in July
U.S. markets shrug of disappointing retail sales report
Labour productivity remains weaker than those of global leaders
Wal-Mart boosts profit outlook
Rising commodities prices and wider interest-rate spreads will support currency
Fed outlook boosts U.S. stocks
U.S. economy likely to remain weak
New home prices slip
Fed rate decision on deck
Banks, energy stocks take a hit
Urban starts drop 5.5%
Cascades swings to a profit
U.S. stocks end lower on profit taking
Canadian firms are most optimistic about the prospects for recovery
Oil holds above US$70 a barrel
CI earnings on deck
U.S. stocks also rise on positive jobs data south of the border
Clearer signals of troughs have emerged in Canada, Germany, Britain and the U.S.
Job losses worse than expected in Canada while unemployment rate falls in the U.S.
Moody’s predicts that the U.S. speculative-grade default rate will peak at 12.7% in the fourth quarter
Manulife’s announcement that it would halve its dividend did not sit well with investors
But the BoE signalled it is still concerned that the economy does not yet have enough stimulus in the pipeline