07012016Fri
Last update: Fri, 01 Jul 2016 02pm

Americas

Markets - Equity - Americas

TSX rises as Brexit fears recede; gold miners weigh TORONTO: Canada's main stock index rose on Monday, with financial and energy stocks leading a broad rally as investors returned to equity markets on rising expectations that Britain will vote to remain in the European Union later this week. In early trade North American indices lagged the sharp gains of Europe's markets, which had been stung by worries that a British exit, or Brexit, would prove economically calamitous. At 10:20 a.m. EDT (1420 GMT), the Toronto Stock Exchange S&P/TSX composite index rose 129.80 points, or 0.93 percent, to 14,031.57. Nine of its 10 main groups gained. The most influential movers on the index included its biggest bank by market capitalization, Royal Bank of Canada , which rose 1.4 percent to C$78.69, and pipeline company Enbridge Inc, which added 1.8 percent to C$53.62. The financials group gained 1.2 percent and the energy group climbed 1.8 percent. Combined, the two groups account ...

Markets - Equity - Americas

US regulator approves new IEX stock exchange WASHINGTON: US regulators have given trading group IEX a green light to launch a new stock exchange, which will operate at a slightly slower speed of trading, the Securities and Exchange Commission said.Investors Exchange (IEX) will introduce a small delay or "speedbump" of 350 milliseconds on orders to buy and sell stock, in an attempt to level the playing field for ordinary investors and thwart predatory, high-frequency traders."Today's actions promote competition and innovation, which our ...

Markets - Equity - Americas

Apple's China problems hit US stocks NEW YORK: US stocks dipped early Friday on reports of a crackdown on Apple by China that offset rising optimism that Britain will vote to stay in the European Union.Apple shares fell 1.7 percent following reports that the city of Beijing concluded the technology giant had violated a Chinese company's design patents and may be forced to halt sales of its latest iPhones in the Chinese capital.Equity markets in Europe and Japan reversed Thursday's losses ...

Markets - Equity - Americas

TSX rises, led by energy and financials as oil rebounds TORONTO: Canada's main stock index rose on Friday, led by energy and financial stocks as oil prices climbed for the first time in seven days. The Toronto Stock Exchange's S&P/TSX composite index was up 42.35 points, or 0.31 percent, at 13,924.76, shortly after the open. Five of the index's 10 main groups were higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

Sterling gains as Brexit campaigning suspended NEW YORK: Sterling advanced on Thursday as campaigning for Britain's vote on whether to leave the European Union was suspended following the murder of a British lawmaker, while US stocks cut losses. British Member of Parliament Jo Cox, who was shot dead in the street in her constituency in northern England earlier in the day, had been a vocal supporter of Britain remaining within the EU. Whether Britain will leave the European Union, dubbed "Brexit," ...

Markets - Equity - Americas

US stocks rise ahead of Fed decision NEW YORK: Wall Street stocks rose early Wednesday ahead of a Federal Reserve policy announcement that will offer a fresh assessment of whether the US economy remains solid.Fed watchers see almost no chance the US central bank will hike interest rates today. But Chair Janet Yellen could offer reassurances that a weak May jobs report does not hearken an economic slowdown. Yellen's comments will be analyzed as to whether they leave the door open to ...

Markets - Equity - Americas

TSX rises, led by gains for financials and materials TORONTO: Canada's main stock index rose on Wednesday, led by the financial and materials groups, while lower oil prices weighed on energy stocks. The Toronto Stock Exchange's S&P/TSX composite index was up 20.85 points, or 0.15 percent, at 13,905.08. Seven of the index's 10 main groups were higher. Copyright Reuters, 2016 ...