Toronto Stock Exchange continues climbing as U.S. indexes decline

TORONTO -- Canada's largest stock market continues to move up as some of its U.S. counterparts dipped in early trading.

See Full Article

The Toronto Stock Exchange's S&P/TSX composite index was up 66.04 points, or half a per cent, at 13,189.69, about 30 minutes after the opening bell.

The Canadian dollar was at 74.67 cents US, up 0.02 from Thursday's close.

The Dow Jones industrial average was down 35.85 points or 0.2 per cent at 16,908.05.

The broader S&P 500 composite index advanced 5.85 points or 0.3 per cent to 1,987.55 and the Nasdaq composite fell 16.27 points to 4,691.15.

Oil future contracts were at US$34.58 but had been slightly above US$35 a barrel earlier in the morning.

Crude oil has been flirting with US$35 a barrel for the last few days but hasn't closed above that mark since late January.

The April gold contract rose $6.70 to US$1,264.90 an ounce and May copper contracts were at US$2.23, up two cents.



Advertisements

Latest Economic News

  • Canada's biggest pulse market in doubt after India rejects extending exemption

    Economic CTV News
    CALGARY -- Canada's top export market for its multi-billion-dollar pea and lentil crops industry is in doubt after India rejected extending a long-standing exemption on pest treatments. Federal Agriculture Minister spokesman Guy Gallant confirmed the Indian government has not granted another six-month exemption that would have crops fumigated on arrival, rather than before export, as has been allowed for more than a decade. Source
  • Australia's highest-paid public servant quits $4.3M job

    Economic CTV News
    CANBERRA, Australia -- Australia's highest-paid public servant announced his resignation Thursday, two weeks after the revelation that he made 5.6 million Australian dollars ($4.3 million) last year sparked a public furor and created a political headache for the government. Source
  • Lessons the tooth fairy can't teach: Allowances can help kids learn financial savvy

    Economic CBC News
    Robin Taub paid her two kids a weekly sum when they were younger in an effort to help teach them basic money skills. Now, they're living away from home at university, managing a budget, and friends tease them for being money-smart kids, she says — a riff on the title of her book, A Parent's Guide to Raising Money-Smart Kids. Source
  • More than 2M knives recalled after reports of blades breaking, injuries

    Economic CTV News
    The kitchenware company Calphalon Contemporary Cutlery is recalling more than two million knives and knife sets in Canada and the United States after reports of blades breaking during normal use or when they are dropped, posing a risk of lacerations. Source
  • Conference Board sees modest economic growth in 2017

    Economic CBC News
    The national economy should seen see a slight pick-up this year, the Conference Board of Canada said in a new report out Thursday. The independent research group said it sees overall growth of 1.9 per cent this year, up from the 1.3 per cent it expects will be reported for last year. Source
  • Delta Airlines wins right to appeal ruling in complaint involving obese passengers

    Economic CBC News
    The Supreme Court of Canada has allowed Delta Airlines to appeal a ruling involving a complaint by a Nova Scotia man alleging the airline discriminates against obese passengers. The court granted the company's appeal request Thursday. Source
  • SCC to hear appeal involving policy that advocate says discriminates against obese

    Economic CTV News
    OTTAWA -- The Supreme Court of Canada has granted Delta Air Lines leave to appeal a ruling that found a Halifax passenger rights advocate should be able to stand up for obese people even though he isn't overweight himself. Source
  • Trump taps CEOs of 5 job-offshoring firms for input on how to create jobs in America

    Economic CBC News
    President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad. Source
  • Trump taps CEOs of 5 job-offshoring firms for input on how to create jobs

    Economic CBC News
    President Donald Trump, who has vowed to stop U.S. manufacturing from disappearing overseas, will seek job-creation advice on Thursday from at least five companies that are laying off thousands of workers as they shift production abroad. Source
  • Loblaw fourth-quarter profit up 57% to $201M

    Economic CBC News
    ?Loblaw had $11.13 billion of revenue and a $201 million net profit in the fourth quarter, according to earnings announced Thursday morning. The profit amounted to 50 cents per share. The net profit was up 57 per cent or $73 million from a year earlier, while revenue was up $265 million or 2.4 per cent. Source