Advertisement
Canada markets closed

  • S&P/TSX

    21,873.72
    -138.00 (-0.63%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • CAD/USD

    0.7298
    -0.0023 (-0.31%)
     

  • CRUDE OIL

    82.79
    -0.57 (-0.68%)
     

  • Bitcoin CAD

    87,738.41
    -3,161.24 (-3.48%)
     

  • CMC Crypto 200

    1,378.61
    -45.49 (-3.20%)
     

  • GOLD FUTURES

    2,327.40
    -14.70 (-0.63%)
     

  • RUSSELL 2000

    1,995.43
    -7.22 (-0.36%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • NASDAQ

    15,712.75
    +16.11 (+0.10%)
     

  • VOLATILITY

    15.97
    +0.28 (+1.78%)
     

  • FTSE

    8,040.38
    -4.43 (-0.06%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • CAD/EUR

    0.6818
    -0.0018 (-0.26%)
     
MARKETS LIVE BLOG:

STOCKS SHED GAINS, TESLA SURGES DAY AFTER EARNINGS

Tesla shares jump after EV maker vows to speed up launch of more affordable models

Spain Financial Crisis

  • Demonstrators use a fence to break the glass in a McDonald's restaurant during clashes with police following a protest in Madrid.
    1/9

    General Strike in Spain

    Demonstrators use a fence to break the glass in a McDonald's restaurant during clashes with police following a protest in Madrid.
  • People protest against evictions in Barcelona, Spain. Spanish officials are opening talks aimed at creating new regulations governing the eviction of indebted homeowners, after the suicide of two people about to suffer that fate shocked the nation. Home owners, Spain's General Council of the Judiciary, a police union and even a bank have all said new legislation is needed to end evictions for such mortgage holders, especially during Spain's current economic crisis. The European Court of Justice's advocate general, Juliane Kokott, has said Spain's rules regarding evictions are at odds with European Union customer protection requirements. Banners reads in Spanish: "Stop evictionsl".
    2/9

    Economic Crisis in Spain

    People protest against evictions in Barcelona, Spain. Spanish officials are opening talks aimed at creating new regulations governing the eviction of indebted homeowners, after the suicide of two people about to suffer that fate shocked the nation. Home owners, Spain's General Council of the Judiciary, a police union and even a bank have all said new legislation is needed to end evictions for such mortgage holders, especially during Spain's current economic crisis. The European Court of Justice's advocate general, Juliane Kokott, has said Spain's rules regarding evictions are at odds with European Union customer protection requirements. Banners reads in Spanish: "Stop evictionsl".
    AP Photo
  • A demonstrator paints a graffiti against banks reading, ''Assassin'' while a man with his dog looks at him , right, from inside a cash dispenser, during a march against evictions, in Barakaldo, northern Spain.
    3/9

    Economic Crisis in Spain

    A demonstrator paints a graffiti against banks reading, ''Assassin'' while a man with his dog looks at him , right, from inside a cash dispenser, during a march against evictions, in Barakaldo, northern Spain.
    AP Photo
  • People protest with a banner, ''Not to unemployment. Not to evictions. For social protection'', during a march in Barakaldo, northern Spain.
    4/9

    Economic Crisis in Spain

    People protest with a banner, ''Not to unemployment. Not to evictions. For social protection'', during a march in Barakaldo, northern Spain.
    AP Photo
  • A man uses a cash dispenser to withdraw money as homeless men sleep inside a bank in Barcelona.
    5/9

    Economic Crisis in Spain

    A man uses a cash dispenser to withdraw money as homeless men sleep inside a bank in Barcelona.
    AP Photo
  • People, some in danger of being evicted from their homes for not being able to keep up with mortgage payments, prepare some documents as they camp outside a Bankia bank in Madrid. The main banners read: 'Rescue people, Bankia is ours - your houses are ours too, Stop evictions'
    6/9

    Economic Crisis in Spain

    People, some in danger of being evicted from their homes for not being able to keep up with mortgage payments, prepare some documents as they camp outside a Bankia bank in Madrid. The main banners read: 'Rescue people, Bankia is ours - your houses are ours too, Stop evictions'
    AP Photo
  • Demonstrators walk past the Arch of Triumph as they march during a protest in Barcelona.
    7/9

    Economic Crisis in Spain

    Demonstrators walk past the Arch of Triumph as they march during a protest in Barcelona.
    AP Photo
  • A woman begs for alms in a street in Barcelona.
    8/9

    Economic Crisis in Spain

    A woman begs for alms in a street in Barcelona.
    AP Photo
  • A man begs for alms next a giant banner with a description about his critical economic situation on one street, in Pamplona, northern Spain.
    9/9

    Economic Crisis in Spain

    A man begs for alms next a giant banner with a description about his critical economic situation on one street, in Pamplona, northern Spain.
    AP Photo
Demonstrators use a fence to break the glass in a McDonald's restaurant during clashes with police following a protest in Madrid.
People protest against evictions in Barcelona, Spain. Spanish officials are opening talks aimed at creating new regulations governing the eviction of indebted homeowners, after the suicide of two people about to suffer that fate shocked the nation. Home owners, Spain's General Council of the Judiciary, a police union and even a bank have all said new legislation is needed to end evictions for such mortgage holders, especially during Spain's current economic crisis. The European Court of Justice's advocate general, Juliane Kokott, has said Spain's rules regarding evictions are at odds with European Union customer protection requirements. Banners reads in Spanish: "Stop evictionsl".
A demonstrator paints a graffiti against banks reading, ''Assassin'' while a man with his dog looks at him , right, from inside a cash dispenser, during a march against evictions, in Barakaldo, northern Spain.
People protest with a banner, ''Not to unemployment. Not to evictions. For social protection'', during a march in Barakaldo, northern Spain.
A man uses a cash dispenser to withdraw money as homeless men sleep inside a bank in Barcelona.
People, some in danger of being evicted from their homes for not being able to keep up with mortgage payments, prepare some documents as they camp outside a Bankia bank in Madrid. The main banners read: 'Rescue people, Bankia is ours - your houses are ours too, Stop evictions'
Demonstrators walk past the Arch of Triumph as they march during a protest in Barcelona.
A woman begs for alms in a street in Barcelona.
A man begs for alms next a giant banner with a description about his critical economic situation on one street, in Pamplona, northern Spain.

Spain easily raised euro 4 billion ($5.19 billion) in an auction of short-term debt, reflecting a relaxation in market pressure as the country continues to weigh up a European Central Bank promise to help lower the country's borrowing costs. The Treasury sold euro 2.61 billion in six-month bonds on an average interest rate of 1.67 percent, down from 2.02 percent in the last such auction Oct. 23.

Spaniards are angered by austerity measures, including budget cuts and plans to partly privatize some of their country's cherished national health service. Spain's regions have a combined debt of euro 145 billion ($185 billion) and some euro 36 billion must be refinanced this year. The country is trying to avoid following Greece, Ireland, Portugal and Cyprus in having to ask for an international financial bailouts.