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Last update: Sun, 11 Dec 2016 06pm

Americas

Markets - Equity - Americas

TSX rises as energy stocks extend gains on oil rally      TORONTO: Canada's main stock index rose on Thursday as energy shares made further gains with oil prices after OPEC reached a deal to cut output, while investors reacted to divergent earnings reports from two major banks.  Canadian Imperial Bank of Commerce rose 1.9 percent to C$107.95 after the country's fifth-biggest bank reported a better-than-expected quarterly profit, driven by strong performance in its capital markets business.  Meanwhile, the country's No. 2 lender Toronto-Dominion Bank fell 1 percent to C$62.95 after reporting earnings that were in line with expectations.  "In light of earnings produced by some of TD's peers, we would expect relative underperformance on its valuation today, with TD's now noticeably lagging capital ratio likely adding to the pressure," Barclays analyst John Aiken wrote in a note.  The heavyweight financials group gained 0.2 percent overall.  The energy group climbed 3 percent, adding to a nearly 8 percent jump on Wednesday after OPEC members and Russia agreed to limit their oil output in a bid to prop ...

Markets - Equity - Americas

EMERGING MARKETS-Brazil real, stocks down on local political concerns    SAO PAULO: Brazil's currency and stocks fell on Thursday as traders feared frictions between lawmakers and prosecutors could increase political instability and delay the approval of austerity measures.Senate President Renan Calheiros tried to accelerate on Wednesday the approval of a greatly watered-down package of anticorruption measures but failed to gather enough support for the early vote.Prosecutors have accused the Brazilian Congress of seeking to block the sweeping Car Wash graft probe as it comes close to incriminating several lawmakers.The Brazilian real ...

Markets - Equity - Americas

US stocks drift lower in post-holiday trading WASHINGTON: US stocks pulled back in early trading Monday, following a four-session winning streak as investors looked ahead to a week rich in economic data.A half-hour into the day's session, the first full trading day following the Thanksgiving holiday, the Dow Jones Industrial Average, S&P 500 and Nasdaq were all 0.2 percent lower at 19,106.43, 2,209.08 and 5,389.60, respectively.US stock indices have smashed records, rallying since Donald Trump's November 8 upset victory over Hillary Clinton ...

Markets - Equity - Americas

US stocks open lower in post-holiday trading WASHINGTON: US stocks opened lower Monday following a four-session winning streak as investors looked ahead to a week rich in economic data.About five minutes into trading on the first full day back from the Thanksgiving holiday weekend, the Dow Jones Industrial Average, S&P 500 and Nasdaq were all trading 0.2 percent lower at 19,114.75, 2,209.69 and 5,386.83 respectively.Oil prices rebounded at the start of the week after turning sharply lower on Friday as investor hopes ...

Markets - Equity - Americas

TSX falls, weighed by railroad, energy, financial shares TORONTO: Canada's main stock index fell on Monday as railroad, energy and financial names lost ground, offsetting gains for the materials group as base and precious metals prices rose.At 10:53 a.m. EST (1553 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 27.2 points, or 0.18 percent, to 15,048.24. Last week, the index advanced 1.4 percent, extending its rally since the US election.The most influential movers on the index included railroad stocks, with Canadian National ...

Markets - Equity - Americas

TSX falls as industrials, financials lose ground TORONTO: Canada's main stock index fell on Monday as industrials and financials lost ground, offsetting gains for the materials group as commodity prices rose. The Toronto Stock Exchange's S&P/TSX composite index was down 24.36 points, or 0.16 percent, at 15,051.08, shortly after the open. Seven of the index's 10 main groups were lower. Copyright Reuters, 2016 ...

Markets - Equity - Americas

Wall St Week Ahead-Retail stock rally leaves few bargains for investors SAN FRANCISCO: Wall Street expects consumers to open their wallets a little wider this holiday shopping season but bargains among red-hot retail stocks could be hard to find, especially as profit growth proves elusive for many big names. Retailers, including Best Buy, Kohls Corp and Macy's, that were pummeled in last year's disappointing holiday quarter have seen their shares surge recently on expectations that the worst is over, and that an improved economy will send ...