05072016Sat
Last update: Sat, 07 May 2016 05am

Americas

Markets - Equity - Americas

TSX edges higher, helped by gains for resource stocks TORONTO: Canada's benchmark stock index edged higher on Tuesday as a jump in oil prices supported energy stocks, while the materials group also advanced, offsetting deep losses for one of the country's major railway stocks. The index traded in a narrow range ahead of the Federal Reserve interest rate announcement on Wednesday. Investors have been "walking on eggshells," adjusting positions ahead of the Fed announcement, said Ian Nakamoto, director of research at MacDougall, MacDougall & MacTier. He doesn't see a lot of "downside" risk for the market while bond yields remain so low. The Toronto Stock Exchange's S&P/TSX composite index closed up 13.45 points, or 0.1 percent, at 13,809.44. It has rallied nearly 20 percent since January, but has been unable to climb back above 14,000. The materials group, which includes precious and base metals miners and fertilizer companies, added 1.3 percent, led by gold stocks after weaker-than-expected US durable ...

Markets - Equity - Americas

TSX rises, led by energy and financial stocks as oil rallies TORONTO: Canada's main stock index rose on Tuesday as higher oil prices supported energy stocks while financial sector stocks also advanced, offsetting deep losses for one of the country's major railway stocks.The most influential movers on the index included Canadian Natural Resources Ltd, which rose 1.2 percent to C$38.63, and TransCanada Corp, which advanced 1.5 percent to C$51.57.The energy group climbed 0.8 percent as oil prices rose while financial sector stocks advanced 0.4 percent.U.S. crude ...

Markets - Equity - Americas

US stocks rise as most earnings solid NEW YORK: Wall Street stocks rose early Tuesday following a trove of mostly solid earnings reports from large companies, including Procter & Gamble and DuPont.About 40 minutes into trade, the Dow Jones Industrial Average was at 18,015.67, up 38.43 points (0.21 percent).The broad-based S&P 500 added 6.87 (0.33 percent) at 2,094.66, while the tech-rich Nasdaq Composite Index advanced 10.42 (0.21 percent) to 4,906.21.Tuesday's earnings parade is expected to culminate with results from Apple after the ...

Markets - Equity - Americas

US stocks drop ahead of Fed, data releases NEW YORK: Wall Street stocks fell Monday, retreating at the start of a heavy week of economic news that includes a US Federal Reserve meeting and major earnings and data releases.Near the closing bell, the Dow Jones Industrial Average stood at 17,979.50, down 24.25 points (0.13 percent).The broad-based S&P 500 dipped 3.68 (0.18 percent) to 2,087.90, while the tech-rich Nasdaq Composite Index dropped 10.44 (0.21 percent) to 4,897.79.The Dow and S&P 500 hit peaks for ...

Markets - Equity - Americas

Wall St slightly lower on energy drag, earnings NEW YORK: Energy shares dragged Wall Street slightly lower on Monday, coinciding with a decline in oil prices, while earnings and guidance from companies including Perrigo and Xerox also weighed on US stocks. The Dow Jones industrial average fell 26.3 points, or 0.15 percent, to 17,977.45, the S&P 500 lost 3.78 points, or 0.18 percent, to 2,087.8 and the Nasdaq Composite dropped 10.44 points, or 0.21 percent, to 4,895.79. Copyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks open lower ahead of Fed meeting, Apple results NEW YORK: Wall Street stocks fell early Monday at the start of a jam-packed news week that includes a Federal Reserve policy meeting and earnings from Apple and other US business giants.About 25 minutes into trade, the Dow Jones Industrial Average was at 17,917.53, down 86.22 points (0.48 percent).The broad-based S&P 500 fell 9.37 (0.45 percent) to 2,082.21, while the tech-rich Nasdaq Composite Index dropped 14.63 (0.30 percent) to 4,891.60.The Fed is widely expected to ...

Markets - Equity - Americas

TSX falls as energy, financial stocks retreat TORONTO: Canada's main stock index fell on Monday as lower oil prices weighed on energy stocks, while financial sector and industrial stocks also retreated as investor attention turned to the Federal Reserve interest rate meeting this week.Energy stocks fell 2.2 percent, including a 1.9 percent decline in Suncor Energy Inc to C$35.62.Shares of Precision Drilling Corp fell 5 percent to C$5.70. The rig contractor posted a first-quarter loss, compared with a profit a year earlier, ...