04302016Sat
Last update: Sat, 30 Apr 2016 02am

Americas

Markets - Equity - Americas

TSX rises to a near 4-week high, led by financials and industrials TORONTO: Canada's main stock index rose on Wednesday to a near four-week high, led by financial and industrial stocks as surprisingly upbeat trade data from China supported sentiment.The most influential movers on the index included Royal Bank of Canada, which rose 0.7 percent to C$76.28, and Bank of Nova Scotia, which advanced 1.1 percent to C$63.21.The financials group gained 0.7 percent, while industrials rose 1.1 percent and consumer discretionary stocks were up 0.8 percent.China's exports in March returned to growth for the first time in nine months, adding to further signs of stabilization in the world's second-largest economy that cheered global investors.At 9:52 a.m. EDT (1352 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 36.85 points, or 0.27 percent, to 13,618.27. Seven of the index's 10 main groups were higher.The energy group retreated 0.3 percent as oil prices pared some recent gains.U.S. crude prices were down 1.8 percent to ...

Markets - Equity - Americas

Stocks, US dollar rally on China trade surprise, banks up NEW YORK: Major stock markets rose on Wednesday after surprisingly upbeat Chinese international trade data offered hope Asia's biggest economy is finally stabilising.In turn, the U.S. dollar rose to a two week high against the euro, as stronger Chinese economic growth might allow the Federal Reserve to raise interest rates again.Broader equity indices were also helped by a rise in U.S. bank stocks after JPMorgan Chase's first quarter earnings fell nearly 7.0 percent but beat ...

Markets - Equity - Americas

US stocks rise on improved China trade data NEW YORK: US stocks scored solid gains Wednesday, joining a rally on European and Asian markets linked to China's improved trade data and lifted by JPMorgan Chase's better-than-expected first-quarter earnings.Forty-five minutes into trade, the Dow Jones Industrial Average was up 128.51 points (0.73 percent) at 17,849.76.The broad-market S&P 500 advanced 13.73 (0.67 percent) to 2,075.45, while the tech-rich Nasdaq Composite leaped 55.97 (1.15 percent) to 4,928.06.Chinese exports rocketed by 11.5 percent in March from a ...

Markets - Equity - Americas

Oil, energy shares rally, despite dollar gains NEW YORK: Brent crude oil prices hit a four-month high and energy equities rose on Tuesday after reports of an agreement between two major producers to freeze output, while the U.S. dollar had its strongest session in three weeks.Crude prices are up more than 10 percent in the last three sessions, lifted on Tuesday after Russia's Interfax news agency quoted a diplomatic source in Doha, Qatar, saying Russia and Saudi Arabia reached consensus about an ...

Markets - Equity - Americas

TSX jumps most in 5 weeks as oil spike boosts energy stocks TORONTO: Canada's main stock index notched its biggest jump in more than five weeks on Tuesday, bouncing higher as a spike in the price of oil boosted energy stocks and supported financials.The overall energy group surged 5.2 percent as oil prices hit four-month highs after a report that Russia and Saudi Arabia agreed to freeze output ahead of a meeting of producers.The most influential movers on the index included Suncor Energy Inc, which advanced 3.7 ...

Markets - Equity - Americas

US stocks end lower ahead of earnings NEW YORK: Wall Street stocks finished modestly lower Monday as the market prepared for the start of a corporate earnings season that is expected to show generally weaker results.The Dow Jones Industrial Average fell 20.55 points (0.12 percent) to 17,556.41.The broad-based S&P 500 shed 5.61 (0.27 percent) to 2,041.99, while the tech-rich Nasdaq Composite Index dropped 17.29 (0.36 percent) to 4,833.40.Stocks opened higher, but veered into negative territory near the end of the session. "Today ...

Markets - Equity - Americas

TSX gains as higher gold price boosts gold minersm TORONTO: Canada's main stock index rose on Monday as an almost three-week high for gold helped boost gold mining stocks, while a major railway company advanced after it scrapped a takeover bid.The most influential movers on the index included Barrick Gold Corp, which rose 6.5 percent to C$21.04 as gold rallied, and Canadian Pacific Railway Ltd, which advanced 2.6 percent to C$179.91.CP said it had scrapped efforts to buy Norfolk Southern Corp, almost six months ...