Thursday, June 19, 2008

June 19 2008 Daily Market Wrap

This is Jeff Wareham, Scotia McLeod wealth advisor, with your daily market wrap for June 19, 2008

I led off my morning comments yesterday with concerns about a drop in oil prices...Toronto's record close of yesterday took it on the chin today, led by a significant drop in oil prices...the TSX lost about 2 percent, down
283 points, while the Dow gained 34 points. The NASDAQ finished up 32
points, and the S&P finished up 5 points..oil fell nearly 5 dollars lower, to 131.89 dollars per barrel, and the Canadian dollar stayed steady against the US dollar at 98.54 cents US. Gold closed at $899 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 s 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

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