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Last update: Mon, 23 Jan 2017 07am

Americas

Markets - Equity - Americas

TSX rises, led by the materials group and Valeant TORONTO: Canada's main stock index rose on Tuesday, helped by gains for the materials group and a jump in the shares of Valeant Pharmaceuticals International as the drugmaker sells assets. The Toronto Stock Exchange's S&P/TSX composite index was up 41.49 points, or 0.27 percent, at 15,430,44, shortly after the open. Eight of the index's 10 main groups were higher. Copyright Reuters, 2017 ...

Markets - Equity - Americas

EMERGING MARKETS-Brazil stocks up on iron ore, steel rally SAO PAULO: Brazilian stocks rose on Tuesday as hopes that China would further cut steel output lifted shares of miners and steelmakers for a second day.The official Xinhua news agency reported on Sunday that Hebei province, which accounts for about a quarter of China's total steel output, plans to slash 31.86 million tonnes of steel and ironmaking capacity this year.Shanghai steel futures jumped 7 percent overnight, lifting iron ore prices to their strongest level in ...

Markets - Equity - Americas

S&P, Nasdaq flat; Goldman leads Dow lower NEW YORK: The S&P 500 and the Nasdaq were flat on Tuesday morning, while Goldman Sachs led the Dow lower, as investors await the earnings season to test if Wall Street's record levels are justified by corporate earnings in the fourth quarter. Goldman Sachs fell 1.4 percent after Citigroup downgraded the stock, a move that comes ahead of reports by JPMorgan, Bank of America and Wells Fargo on Friday. JPMorgan was down 0.4 percent, while ...

Markets - Equity - Americas

US stocks little changed on mixed jobs report NEW YORK: The Nasdaq edged up while the Dow dipped early Friday after the December US employment report showed somewhat slower job growth but an uptick in wages.The US economy added a solid 156,000 jobs in December, slightly below analyst expectations. However, the Labor Department report also upgraded the job estimate for November and said average hourly earnings rose to $26.00, up 10 cents from the prior month."The key takeaway from the report is that ...

Markets - Equity - Americas

Wall St opens flat following jobs data Jan 6 NEW YORK: US stocks opened little changed Friday after data showed employment in December rose less than expected but a rebound in wages suggested sustained growth in the labor market. The Dow Jones Industrial Average was up 5.99 points, or 0.03 percent, at 19,905.28, the S&P 500 was up 1.94 points, or 0.08 percent, at 2,270.94 and the Nasdaq Composite index was up 10.78 points, or 0.2 percent, at 5,498.71. Copyright Reuters, 2017 ...

Markets - Equity - Americas

Stocks hold gains after Fed minutes; dollar down NEW YORK: Stock indexes around the world gained on Wednesday, bolstered by upbeat global economic data and by minutes from the Federal Reserve's December meeting, which showed policymakers thought the U.S. economy could grow more quickly because of fiscal stimulus under the Trump administration.The dollar retreated from a 14-year high against a basket of currencies, briefly hitting a session low, while U.S. Treasury debt yields slipped after the release of the minutes.The minutes showed how ...

Markets - Equity - Americas

Strong reports from GM, Delta lift US stocks NEW YORK: Wall Street stocks rose early Wednesday following a bullish December auto sales report from General Motors and a solid performance report from Delta that lifted airlines.GM surged 4.3 percent after reporting that its December sales rose 10 percent from the year-ago level as it projected the closely-watched, seasonally-adjusted cars sales rate of 18.2 million vehicles, well above expectations.Delta Air Lines shares gained 1.9 percent as it met or exceeded expectations for several key ...