Tuesday close: TSX ekes out slight gain
Rising financial shares offset decline in energy group
- By: IE Staff
- May 5, 2009 May 5, 2009
- 15:40
Rising financial shares offset decline in energy group
Recovery will only gradually gain momentum
Global financial crisis makes business model unsustainable
But sagging labour market suggests little prospect for a major resurgence in demand near-term
Loblaw, Kraft post higher Q1 profits
TSX jumps 3.9%; S&P 500 up 3.4%
Hong Kong's Hang Seng index jumps 5.5%
Great-West, Manulife and Sun Life earnings on deck
Worst-case scenarios would take a weighty toll on the world economy
U.S. markets extend rally
Most European bourses closed for May Day
U.S. markets end mixed
Jump in motor vehicle manufacturing can’t offset declines in construction and mining
Canadian GDP edges lower
U.S. markets shrug off gloomy GDP report
Current demand is outstripping supply
Policymakers see signs recession is easing
Economic optimism remains at historically low levels
Gains will be largest in the U.S.
Business has lagged in investment in information and communications technologies
Rogers, Talisman post weaker earnings
Provincial commitments will roughly double the overall amount of stimulus hitting the economy in the near term
U.S. markets finish flat
Market regulations must account for the fact that humans are not always rational, behavioural finance expert says