TSX dips on gold, energy; Dow rises
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The Toronto stock market headed lower this morning after the long Labour Day weekend, held back by lagging gold and energy stocks as the price of oil dropped by almost $1 (US) a barrel.
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U.S. stocks ended little changed on  Wednesday, but energy shares, including ChevronTexaco Corp.  CVX.N, lent support after crude oil prices jumped above $48 a  barrel.
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U.S. stocks fell on Friday in light, choppy trading in an abbreviated session on inflation worries after the dollar slid. But the losses were partly offset by mining shares, which rose after gold prices gained.
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TORONTO (CP) - The Toronto stock market was higher Monday morning as energy stocks benefited from the world crude oil price&#39;s move above $46 US a barrel.
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Resource stocks such as BHP Billiton   slid on Tuesday, hit by weak commodity prices, raising the risk   for similar declines in European peers but oil and gold eked   out a small rebound after recent steep falls.
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Stocks fell slightly on Monday as losses in energy shares were offset by upbeat brokerage comments on companies including Apple Inc.
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Canadian stocks advanced, paced by gold miners including Barrick Gold Corp. and Meridian Gold Inc., as the price of bullion rose. The Standard &amp; Poor&#39;s/TSX Composite Index added 21.03
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Stocks inched lower at the open Thursday, as investors eyed surging oil and gold prices and opted to step back after pushing the Dow Jones industrial average to a record closing high in the previous session.
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Oil prices came within a whisker of   retesting a near six-month low of $63 on Friday as supply   worries eased, knocking gold to three-month lows and dragging   resource shares such as Japan's INPEX lower.
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Strength in tech stocks and steelmakers offset the drag of renewed dollar weakness on Asian share markets on Thursday, while gold hit a new 16-1/4-year high and oil moved back up toward &#36;50 a barrel.
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London equities progressed by midday Wednesday, pushed by strong gains in the mining sector following a Goldman Sachs (NYSE:GS) note on metals prices. Retailers like J Sainsbury remained in focus one day after Tesco issued a somber results statement that sent its stock down nearly 5 per cent.
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The S&P 500 and the Nasdaq dipped on Monday and the Dow edged higher as investors worried about the prospects for profit growth at Web search leader Google Inc. and a drop in oil prices hurt energy shares, including Exxon Mobil Corp.
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TORONTO (CP) - The Toronto stock market cruised to a flat close Monday as the latest rise in oil prices propelled energy stocks higher.
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Stocks were little changed on Monday  after energy companies were hit by a drop in oil's price and  technology shares were dragged lower after bellwether Intel  Corp. INTC.O was downgraded by First Albany.
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TORONTO (CP) - Weakness in the financial services and technology sectors took the Toronto stock market lower Monday morning, while investors were jittery in New York where markets fell because of heightened worries about a supply crunch of heating oil
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Oil prices came within a whisker of  retesting a near six-month low of $63 on Friday as supply  worries eased, knocking gold to three-month lows and dragging  resource shares such as Japan's INPEX lower.
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NEW YORK - Stocks were mixed in quiet trading Wednesday as investors weighed rising oil prices against a pair of government reports that gave conflicting signals about the economy.    With the Republican convention still ahead, crude futures back up after three days of declines and a long list of worries preoccupying Wall Street, investors don't seem to be in any hurry to commit money to stocks...