June 11, 2008 Daily Market Wrap

is is Jeff Wareham, Scotia McLeod wealth advisor, with your daily market wrap for June 11, 2008

Oil was the big villain today, as energy price concerns knocked the wind out of the Dow's sails...Toronto's TSX flatlined into the close, off 20 points, with most sectors down, despite strength in energy and
materials...while the Dow lost 205 points. The NASDAQ finished off 54
points, and the S&P finished down 22 points..oil surged over $5 to 136.41 US dollars per barrel, and the Canadian dollar stabilized against the US dollar at 98.06 cents US. Gold closed at $880 per ounce.

This is for information purposes only, Best efforts have been made to furnish accurate data...Performance data does not represent future performance. ScotiaMcLeod is a division of Scotia Capital, member CIPF.

For further information on the markets, visit my blog on AM 980's website, or at www.beyondfunds.ca