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TSX slips as insurance, energy shares lead decline TORONTO: Canada's main stock index fell on Monday, hit by a drop in the insurance sector and by weakness in shares of energy companies after the price of oil slipped.Investors were still digesting Friday's US labor market data, which showed a gain in jobs in March but fell short of market expectations.Uncertainty about what this would mean for the Federal Reserve's monetary policy and when the US central bank might raise interest rates increased market volatility, fueling a selloff in US stocks on Friday. This weighed on shares of Canadian insurers for a second straight session."We're in for a rough sledding for a while," said John Stephenson, senior vice president and portfolio manager at First Asset Investment Management."People are very nervous," he added. "It's a market where investors are not looking for growth, but they just want some sort of yield."The Toronto Stock Exchange's S&P/TSX composite index was down 36.58 ...

Mixed week for US stocks as tech suffers NEW YORK: US stocks had a mixed week with the broader market rising on better economic data, but technology stocks faltering on concerns about a downturn in the bubble-prone sector.The Dow Jones Industrial Average added 89.65 (0.55 percent) at 16,412.71, while the broad-based S&P 500 tacked on 7.47 (0.40 percent) at 1,865.09.But the tech-rich Nasdaq Composite Index, after rallying in the first part of the week, finished with a net loss of 28.03 (0.67 percent) ...
Nasdaq sinks more than 2.5pc, leads market lower NEW YORK: The Nasdaq Composite Index tumbled more than 2.5 percent on Friday, as investors overlooked a solid US jobs report to sell off prominent names from across the tech sector.The Nasdaq sank 110.01 points (2.60 percent) to 4,127.73.The Dow Jones Industrial Average fell 159.84 (0.96 percent) to 16,412.71, while the broad-based S&P 500 slumped 23.68 (1.25 percent) to 1,865.09.The Department of Labor reported the US economy added 192,000 jobs in March, essentially meeting expectations ...
Nasdaq falls more than 2pc as momentum stocks tumble NEW YORK: The tech-rich Nasdaq Composite Index tumbled more than two percent in midday trade Friday in a sell-off that battered most of the sector.Around 1730 GMT, the Nasdaq sank 96.85 points (2.29 percent) to 4,140.89, near the session low of 4,131.03.The big drop came after the Department of Labor reported the US economy added 192,000 jobs in March, essentially meeting expectations and suggesting a continuation of the trend of slow but steady improvement in ...
Brazil stock rally shows investors hoping for the worst SAO PAULO: Brazilian stocks have soared in recent days despite a deteriorating economic and corporate outlook, and some investors hope things get even worse. After years of complaining that President Dilma Rousseff's government mismanaged the economy and destroyed the market value of state-run firms, investors have latched on to the idea that Brazil's outlook has deteriorated enough to spark change. "The ironic thing is that the worse the situation gets, the more the market is ...
TSX advances after jobs data; gold miners gain TORONTO: Canada's main stock index climbed on Friday after data indicating a steady pace of hiring in Canada and the United States lifted market sentiment and drove gains in most major sectors.The Canadian economy created twice as many jobs as expected in March and the unemployment rate dropped for the first time this year, a government report showed.South of the border, US employers maintained a solid pace of hiring for a second straight month in ...
US stocks mostly higher on first-quarter job gains NEW YORK: Wall Street stocks moved mostly higher early Friday after a US labor report for March showed job growth roughly in line with expectations.About 30 minutes into trade, the Dow Jones Industrial Average rose 25.50 points (0.15 percent) to 16,598.05.The broad-based S&P 500 tacked on 3.83 (0.20 percent) to 1,892.60, but the tech-rich Nasdaq Composite Index lost 9.76 (0.23 percent) at 4,227.98The closely watched Department of Labor report said the US economy added 192,000 ...


Index Closing Chg%
Arrow DJIA 16,408.54 0.10
Arrow Nasdaq 4,095.52 0.23
Arrow S&P 1,864.85 0.14
Arrow FTSE 6,625.25 0.62
Arrow DAX 9,409.71 0.99
Arrow CAC-40 4,431.81 0.59
Arrow Nikkei 14,417.53 0.01
Arrow H.Seng 22,760.24 0.28
Arrow Sensex 22,628.84 1.58

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Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
Trade Balance $-1.433 bln
Exports $2.167 bln
Imports $3.600 bln
WeeklyApril 14, 2014
Reserves $9.713 bln