06302016Thu
Last update: Thu, 30 Jun 2016 09am

Americas

Markets - Equity - Americas

TSX rises as financials rally ahead of Brexit vote TORONTO: Canada's main stock index firmed to a one-week high on Wednesday, led by financial stocks as investors grew more optimistic that Britons would vote to stay in the European Union. Canada's heavyweight bank stocks were among the most influential movers on the index. Toronto-Dominion Bank rose 0.4 percent to C$56.58 and Royal Bank of Canada climbed by 0.5 percent to C$79.02, while the overall financials group advanced 0.4 percent.Stocks also drew support from Federal Reserve Chair Janet Yellen's comments on the US economy on Tuesday, when she virtually ruled out a July interest rate hike. Industrials advanced 0.8 percent as railway stocks rebounded, while the healthcare group was up 1.7 percent. At 11:02 a.m. EDT (1502 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 19.64 points, or 0.14 percent, to 14,031.96.It touched its highest since June 13 at 14,066.56. Seven of the index's 10 main groups were in ...

Markets - Equity - Americas

Latam stocks, currencies up ahead of British referendum SAO PAULO: Latin American stocks and currencies rose on Wednesday as optimism grew that Britain would vote to remain in the European Union a day before the closely watched referendum.Betting markets have shown bigger chances of a "Remain" victory, though opinion polls have generally indicated a tight race. Investors worry a possible "Brexit" could disrupt financial markets and weigh on global risk appetite.The Mexican peso strengthened for a fourth consecutive day, sidestepping a drop in ...

Markets - Equity - Americas

US stocks edge higher as market awaits British vote NEW YORK: Wall Street stocks advanced early Wednesday in cautious trade ahead of Thursday's British vote on whether to exit the European Union.The "Remain" camp has a razor-thin lead -- 51 percent versus 49 percent for "Leave," according to an average of polls compiled by What UK Thinks.The awareness of the risk of a "Leave" outcome "has presumably tempered the buying interest that swelled on Monday," said Briefing.com analyst Patrick O'Hare. "It hasn't killed the ...

Markets - Equity - Americas

US stocks edge up as Yellen addresses Senate panel NEW YORK: US stocks rose slightly Tuesday morning as Federal Reserve Chair Janet Yellen opened congressional testimony on monetary policy and warned of risks if Britain votes to leave the European Union.In testimony to the Senate Banking Committee, Yellen said that the US economy faces "considerable uncertainty" from slower domestic activity and from Thursday's possible British vote in favor of exiting the EU, which "could have significant economic repercussions."About 35 minutes into trade, the Dow ...

Markets - Equity - Americas

TSX gains as Brexit worry subsides; materials drag TORONTO: Canada's main stock index jumped higher in early trade on Monday, as investors returned to equity markets on rising expectations that Britain will vote to remain in the European Union later this week. The Toronto Stock Exchange's S&P/TSX composite index was up 133.26 points, or 0.96 percent, at 14,035.03 shortly after the open. Nine of its 10 main groups rose, with materials the only drag. Copyright Reuters, 2016 ...

Markets - Equity - Americas

US stocks bolt higher in Brexit relief rally NEW YORK: US stocks traded sharply higher Monday, joining a global markets rally as investors cheered polls suggesting Britons may choose to remain in the European Union in a vote this week.Polls in Britain showed the "Remain" camp gaining ground against "Leave" supporters, putting the race neck-and-neck just three days before Thursday's referendum."Relief seen in just about every corner," said Patrick O'Hare of Briefing.com.Forty minutes into trade, the Dow Jones Industrial Average was up 1.2 ...

Markets - Equity - Americas

TSX rises as Brexit fears recede; gold miners weigh TORONTO: Canada's main stock index rose on Monday, with financial and energy stocks leading a broad rally as investors returned to equity markets on rising expectations that Britain will vote to remain in the European Union later this week. In early trade North American indices lagged the sharp gains of Europe's markets, which had been stung by worries that a British exit, or Brexit, would prove economically calamitous. At 10:20 a.m. EDT (1420 GMT), the ...