12042016Sun
Last update: Sun, 04 Dec 2016 02am

Americas

Markets - Equity - Americas

TSX rises, led by energy stocks as oil rallies TORONTO: Canada's main stock index rose on Thursday, led by the energy sector as oil rallied and a slew of oil and gas companies reported quarterly earnings, while financials also gained ground as bond yields rose. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 26.19 points, or 0.18 percent, at 14,833.75. Five of the index's 10 main groups ended higher. Copyright Reuters, 2016 ...

Markets - Equity - Americas

Stocks dip as earnings pour in, consumer discretionary lags NEW YORK: US stocks dipped in a choppy session after the latest round of earnings reports, as a decline in the consumer discretionary sector and interest-rate sensitive stocks outweighed gains in healthcare names.The S&P 500 healthcare index rose 0.53 percent to help keep the S&P 500 near the unchanged mark, buoyed by strong results and forecasts from Bristol-Myers, up 5.4 percent and Celgene, up 6.4 percent.The two drugmakers were the top boosts to the S&P ...

Markets - Equity - Americas

British data prompts global bond sell-off; Wall Street falls NEW YORK: Strong growth data out of Britain prompted the biggest daily sell-off in government debt for months and pushed yields on the world's benchmark bonds higher on Thursday, as expectations eased for a Bank of England interest rate cut. The bond sell-off gained momentum in the United States after upbeat jobless claims data pointed to another robust nonfarm payrolls number next week. Wall Street closed lower, dipping in a choppy session after the latest ...

Markets - Equity - Americas

TSX rises as higher oil prices lift energy TORONTO: Canada's main stock index rose on Thursday, led by the energy sector as oil rallied and a slew of oil and gas companies reported quarterly earnings, while financials also gained ground as bond yields rose. The country's largest oil and gas producer, Suncor Energy Inc, was the most influential gainer, jumping 5.7 percent to C$41.61 after it reported better-than-expected third-quarter profit. Cenovus Energy Inc rose 2.8 percent to C$20.72 even as it reported a ...

Markets - Equity - Americas

US stocks fall as bond yields spike, retailers drop NEW YORK: Wall Street stocks finished lower Thursday amid concerns about higher bond yields and retailers retreating after a trade group said the US presidential campaign is crimping shopping.The yield on the 10-year US Treasury jumped nearly 3.0 percent to the highest level since June on expectations the Federal Reserve will increase interest rates in December."Markets are struggling, not because of earnings but because of the hike in yields," said Peter Cardillo of First Standard ...

Markets - Equity - Americas

TSX rises with energy stocks, Suncor shines TORONTO: Canada's main stock index opened higher on Thursday, as a rebound in oil prices boosted energy stocks and Suncor Energy Inc, the country's largest oil and gas producer, jumped after a surprisingly strong profit. The Toronto Stock Exchange's S&P/TSX composite index was up 59.78 points, or 0.40 percent, at 14,867.34 shortly after the open. Six of its 10 main groups were higher, with energy up 1.8 percent. Copyright Reuters, 2016 ...

Markets - Equity - Americas

TSX up with energy after earnings, oil price helps TORONTO: Canada's main stock index rose in morning trading on Thursday, with the energy sector up decently as oil prices rebounded and as a slew of oil and gas companies reported quarterly earnings.The country's largest oil and gas producer, Suncor Energy Inc, was the most influential gainer, jumping 5.3 percent to C$41.47. Suncor reported better-than-expected third-quarter profit on strong upstream production, lower operating costs and record crude throughput at its refineries. Cenovus Energy Inc rose ...