Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

Inside the Market

Up-to-the-minute insights
on developing market news

Entry archive:

A Spanish flag flutters in the wind on the top of Madrid's city hall as rain clouds appear in the background September 26, 2012. Spain will announce a series of economic reforms and a tight 2013 budget on Thursday, aiming to avoid the political humiliation of having Brussels impose conditions on a request for an international bailout. (Sergio Perez/Reuters)

A Spanish flag flutters in the wind on the top of Madrid's city hall as rain clouds appear in the background September 26, 2012. Spain will announce a series of economic reforms and a tight 2013 budget on Thursday, aiming to avoid the political humiliation of having Brussels impose conditions on a request for an international bailout.

(Sergio Perez/Reuters)

The close: Commodities lift TSX Add to ...

The Toronto Stock Exchange posted a triple digit rebound as commodity prices gained ground after two of the most indebted European countries outlined new austerity measures.

The S&P/TSX composite index added 105.99 points to 12,338.85.

Spain and Greece outlined plans to cut spending and raise taxes to convince international lenders and financial markets they are on the right track to cut their deficits.

More Related to this Story

The Canadian dollar gained 0.45 of a cent to 101.95 cents U.S. getting a boost after Spain announced its new budget.

Wall Street was also higher, with the Dow ahead 72.46 points to 13,485.97 and the Nasdaq 42.90 points higher at 3,136.60. The broader S&P 500 was up 13.83 points at 1,447.15.

The benchmark New York oil contract was ahead $1.87 at $91.85 (U.S.) a barrel, while the December gold contract added $26.90 to $1,780.50 an ounce. The December copper contract was 3 cents higher at $3.74 a pound.

 
  • TSX-I
  • SPX-I
  • DJIA-I
  • GC-FT
  • CL-FT
  • HG-FT
  • COMP-I
Live Discussion of TSX on StockTwits
More Discussion on TSX-I
Live Discussion of SPX on StockTwits
More Discussion on SPX-I
Live Discussion of DJIA on StockTwits
More Discussion on DJIA-I
Live Discussion of GC on StockTwits
More Discussion on GC-FT
Live Discussion of CL on StockTwits
More Discussion on CL-FT
Live Discussion of HG on StockTwits
More Discussion on HG-FT
Live Discussion of COMP on StockTwits
More Discussion on COMP-I

More Related to this Story

Topics:

For Globe Unlimited Subscribers

Business videos »

Most popular videos »

Highlights

Most Popular Stories