P.M. market numbers: October 30, 2009

By Staff | October 30, 2009 | Last updated on October 30, 2009
2 min read
| North American markets | International markets | Bonds | Currency | Commodities |

The Toronto stock market tumbled as the Canadian economy shrank in August while a drop in U.S. consumer spending raised worries about economic growth being excessively driven by government stimulus measures.

The S&P/TSX composite index fell 164.47 points or 1.49% to 10,910.75 as gross domestic product shrank 0.1% against an expected 0.1% rise.

The loonie was down 1.29 cents to 92.43 cents US following the report. But the currency was also pulled down by lower commodity prices and a higher U.S. dollar.

The Commerce Department said U.S. consumer spending dropped 0.5% in September. Though the decline was in line with forecasts, it was the largest drop in nine months.

The TSX was down 471.38 points or 4.14% for the week, despite a report Thursday showing the U.S. economy grew during the third quarter. The TSX also posted its first monthly loss since February with the vast of majority of the decline coming in the last six sessions.

Oil lost $2.87 to US$77 a barrel.

New York’s Dow Jones industrial average lost 249.85 points to 9,712.73, the Nasdaq composite index dipped 52.44 points to 2,045.11 and the S&P 500 index dropped 29.93 points to 1,036.18.

(THE CANADIAN PRESS)

North American markets Back to Top
Close Change YTD
Dow Jones 9,712.73 -249.85 or -2.51% +10.67%
S&P 500 1,036.19 -29.92 or -2.81% +14.72%
NASDAQ 2,045.11 -52.44 or -2.50% +29.68%
TSX Composite 10,910.75 -164.47 or -1.49% +21.40%

International markets Back to Top
Close Change YTD
Nikkei 10,034.74 +143.64 or +1.45% +13.26%
Hang Seng 21,752.87 +487.88 or +2.29% +51.19%
SENSEX 15,896.28 -156.44 or -0.97% +64.77%
FTSE 100 5,044.55 -93.17 or -1.81% +13.77%
CAC 40 3,607.69 -106.33 or -2.86%

+12.11%

DAX 5,414.96 -172.49 or -3.09% +12.57%

Bonds Back to Top
Bonds $Current $Previous %Yield
Cdn. 10-year bond 102.08 102.51 3.49
Cdn. 30-year bond 117.10 117.60 3.97
U.S. 10-year bond 101.92 101.24 3.41
U.S. 30-year bond 102.47 104.00 4.33

Currency Back to Top
BoC Close Today Previous
Canadian $ 0.9243 0.9372
US $ 1.0819 1.0670

Euro Spot Rate Today Previous
Canadian $ 0.6280 0.6319
Euro 1.5923 1.5824

Commodities Back to Top
Gold AM PM
London Gold Fix ($US) $1044.50 $1040.50

Oil Close Change
WTI Crude Future (US) $76.93 -$2.94 or -3.68%

(10/30/09)

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.