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  • U.S. stocks end steady; energy slump overpowers retail rally

    7:10 pm

    U.S. stocks end steady; energy slump overpowers retail rally

    U.S. stocks ended mostly steady in a holiday-shortened session as energy producers retreated on OPEC’s decision to maintain its production levels, overshadowing a rally among retailers. The S&P 500 (INDEXSP:.INX) fell 0.3 percent to 2,067.56 at 1 p.m. in New York was little changed at 11:12 a.m. in New York, as exchanges closed early after the Thanksgiving holiday yesterday. The 30-company Dow Jones Industrial Average (INDEXDJX:.DJI) was flat at 17,828.24, while the tech-heavy Nasdaq Composite (INDEXNASDAQ:.IXIC) gained less than 0.1 percent to 4,791.63.

  • TSX stretches slump for 3rd day as falling crude, stronger dollar pressure commodity producers

    5:55 pm

    TSX stretches slump for 3rd day as falling crude, stronger dollar pressure commodity producers

    Canadian shares extended slide for a third day after yesterday’s decision by OPEC to not reduce output levles nudged down crude prices and lifted the U.S. dollar, which in turn weighed on raw-material prices. The benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) fell 0.9 percent to 14,795.91 at 12:33 p.m. in Toronto. Five shares declined for every three stocks that advanced, as five share groups out of 10 main industries retreated.


  • U.S. stock futures edge lower; Energy tumbles, transportation gains after OPEC decision

    1:54 pm

    U.S. stock futures edge lower; Energy tumbles, transportation gains after OPEC decision

    U.S. stock-index futures were lower today as the equities market reopens after the Thanksgiving holiday. Energy producers tumbled and airlines stocks advanced after OPEC’s decision to maintain its production target. Futures for the Dow Jones Industrial Average and those for the S&P 500 index each lost 0.2. The Nasdaq 100 index rose 0.1 percent. Wall Street was closed for the U.S. Thanksgiving holiday yesterday and will shut three hours earlier today.

  • TSX retreats as OPEC refrains from cutting production

    Thu 9:17 pm

    TSX retreats as OPEC refrains from cutting production

    Canadian stocks dropped for a second day, driven by energy producers, after OPEC decided not to trim production and oil prices tumbled to a four-and-a-half year low.