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In quiet trade, railways and financials inch TSX higher TORONTO: Canada's main stock index rose in quiet trade on Friday, trading just off the previous session's record high as banks, insurers and railroads gained while US markets stayed closed for the Independence Day holiday.Those industries either gain directly from rising economic growth across North America or from the prospect of rising interest rates pushing government debt yields higher."The railroads are pretty much a coincident indicator. That is to say, if you get rising GDP growth, then that very quickly gets reflected in freight volumes," said Bob Gorman, chief portfolio strategist at TD Waterhouse.Canadian National Railway gained 1 percent to C$70.29, and Canadian Pacific Railway Ltd added 0.7 percent to C$197.45. Both have gained in value as oil is increasingly sent across the continent by rail.Gorman said both banks and insurers should gain from rising government debt yields, but that the insurers have more room to grow due to sterner ...

Dow, S&P 500 edge to records ahead of June jobs report NEW YORK: The Dow and S&P 500 edged to new records on Wednesday ahead the official US jobs data for June, with the outlook buoyed by strong numbers from the ADP private sector reportAt the closing bell, the Dow Jones Industrial Average gained 19.30 points (0.11 percent) to 16,975.37, while the broad-based S&P 500 added 1.23 (0.06 percent) at 1,974.55. Both notched records for the second day in a row.The tech-rich Nasdaq Composite Index slipped ...
Dow, S&P 500 open third quarter with fresh records NEW YORK: Wall Street stocks on Tuesday barreled higher to new records, opening the third quarter with big gains following strong US auto sales and Chinese manufacturing data.The Dow Jones Industrial Average gained 129.47 points (0.77 percent) to 16,956.07, while the S&P 500 shot up 13.09 (0.67 percent) to 1,973.32. Both were record closing highs.The tech-rich Nasdaq Composite Index bolted 50.47 (1.14 percent) higher to 4,458.65.Analysts said the market was spurred by data that showed ...
Dow, S&P 500 close at new records to open third quarter NEW YORK: Wall Street stocks on Tuesday barreled higher to new records, opening the third quarter with big gains following strong US auto sales and Chinese manufacturing data.At the closing bell, the Dow Jones Industrial Average gained 129.92 points (0.77 percent) to 16,956.52, while the S&P 500 shot up 12.97 (0.66 percent) to 1,973.20; both were new records. The tech-rich Nasdaq Composite Index bolted 50.47 (1.14 percent) higher to 4,458.65.Copyright AFP (Agence France-Presse), 2014 ...
US stocks jump on strong auto sales NEW YORK: Wall Street stocks Tuesday barrelled higher in mid-morning trade following strong US auto sales for June and a mixed bag of other economic data.About 90 minutes into trade, the Dow Jones Industrial Average gained 120.52 points (0.72 percent) to 16,947.12.The broad-based S&P 500 rose 11.64 (0.59 percent) to 1,971.87, while the tech-rich Nasdaq Composite Index jumped 46.88 (1.06 percent) to 4,455.06.Automakers General Motors, Ford Motor and Chrysler all bested expectations for June US ...
US stocks mixed at end of 2Q; Nasdaq strong NEW YORK: Wall Street stocks on Monday turned in a mixed performance to close the second quarter after US pending home sales jumped but automaker General Motors announced another massive auto recall.At the closing bell, the Dow Jones Industrial Average lost 29.51 points (0.18 percent) at 16,822.33, while the broad-based S&P 500 dipped 1.04 (0.05 percent) to 1,959.92.But the tech-rich Nasdaq Composite Index rose 10.25 (0.23 percent) to 4,408.18.The National Association of Realtors reported that ...
US stocks mostly lower ahead of busy week of data NEW YORK: US stocks on Monday moved mostly lower in early trade to kick off a holiday-shortened trading week that includes some major economic reports.About 30 minutes into trade, the Dow Jones Industrial Average dropped 35.35 points (0.21 percent) to 16,816.49.The broad-based S&P 500 dipped 0.29 (0.01 percent) to 1,960.67, while the tech-rich Nasdaq Composite Index advanced 3.01 (0.07 percent) to 4,400.94.Analysts expect light trading volume this week ahead of the US Independence Day holiday, ...

 



 
Index Closing Chg%
Arrow DJIA 16,982.59 0.13
Arrow Nasdaq 4,444.91 0.10
Arrow S&P 1,978.91 0.03
Arrow FTSE 6,788.07 0.05
Arrow DAX 9,598.17 0.48
Arrow CAC-40 4,344.77 0.33
Arrow Nikkei 15,529.40 0.46
Arrow H.Seng 24,428.63 0.88
Arrow Sensex 25,991.23 0.52





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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln