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TSX slips as resource stocks struggle TORONTO: Canada's main equity index fell on Monday morning as a pullback in commodity prices pushed mining and oil and gas shares lower. Oil, gold and copper prices all fell as investors worried about weak global growth after disappointing German economic data. "Demand (for commodities) is not particularly encouraging," said Fred Ketchen, director of equity trading at ScotiaMcLeod. "Until people find some reason to buy they're going to stand on the sidelines, and when you stand on the sidelines, the sellers take control." By 10:50 (1450 GMT) the Toronto Stock Exchange's S&P/TSX composite index was 15.47 points, or 0.12 percent, lower at 12,367.80. The biggest weights included oil companies Crescent Point Energy Corp, down 2.5 percent at C$44.57, and Canadian Natural Resources Ltd, off 1.2 percent at C$31.86. Major gold miners Barrick Gold Corp and Goldcorp Inc were both off 0.7 percent. German business sentiment dropped for a fifth successive month in September, Munich-based think tank ...

Shares fall on disappointing German data, energy down  NEW YORK: US stock fell on Monday, extending last week's decline, as weak European data added to doubts about the prospects for global economic growth. Energy shares were among the most active, falling 0.6 percent alongside a 1.2 percent drop in the price of crude oil. The drop in oil prices followed a slide of more than 6 percent last week on worries about world energy demand.  German business sentiment unexpectedly dropped in September, falling for a ...
US stocks open lower amid global economic worries  NEW YORK: US stocks opened lower Monday as investors worried about deteriorating economic conditions in Europe, China and other big economies. A slide in German business confidence on the Ifo index to its lowest level in two years weighed on market sentiment on both sides of the Atlantic. The downturn in Europe's biggest economy raised questions about its capacity to fund the eurozone debt crisis bailout. After five minutes of trade, the Dow Jones Industrial Average was ...
Futures decline as German data disappoints  NEW YORK: US stock index futures fell on Monday, indicating last week's decline would continue as investors questioned growth prospects for the global economy. German business sentiment dropped for a fifth successive month in September to its lowest level since early 2010, showing even the strongest of Europe's economies is succumbing to an economic downturn despite the European Central Bank's recently announced bond-buying plan. European shares lost 0.6 percent.  Equities have advanced sharply in recent months on ...
US stocks close little changed  NEW YORK: US stocks pared early gains and closed barely changed Friday, with little concrete news for investors to grab onto. At the close of trade, the Dow Jones Industrial Average was down 17.31 points (0.13 percent) at 13,579.62. The S&P 500 lost 0.11 (0.01 percent) to 1,460.15, while the tech-heavy Nasdaq added 4.00 (0.13 percent) to 3,193.24. Trade was heavy in Coca-Cola, which fell 1.6 percent, and also in IBM, which slipped 0.1 percent. Copyright AFP (Agence France-Presse), ...
Shares, euro tick higher on hopes for Spain deal  NEW YORK: Stocks and the euro rebounded on Friday as expectations that Spain will seek a bailout that could resolve its debt problems improved the sentiment on Europe Spain is considering speeding up a planned rise in the retirement age as it races to cut spending and meet conditions of an expected international sovereign aid package, sources with knowledge of the matter told Reuters. The sources also said Spain may freeze pensions, something that the country's ...
US markets rebound after opening lower  NEW YORK: US stocks ended mixed on Thursday, recovering after poor economic data in the US, Europe and China pushed markets to losses in early trade. Health care and utility stocks fared well while transportation was a significant loser, the sector falling by 2.6 percent. The Dow Jones Industrial Average closed up 18.97 points (0.14 percent) at 13,596.93. The S&P 500 lost 0.79 (0.05 percent) at 1,460.26, while the tech-heavy Nasdaq dropped 6.66 (0.21 percent) to 3,175.96. Earlier Asian ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,516.27 0.68
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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