Maple Leaf Foods, Maple Leaf airline in focus
The S&P/TSX composite index grew 86.81 points to end Tuesday at 13,880.99
The Canadian dollar advanced
Traders also took in a slew of earnings from companies including Air Canada and Rogers Communications.
They also digested a major deal involving Maple Leaf Foods.
Fading concern about emerging markets and progress towards a debt ceiling deal in
The Dow, S&P 500 and Nasdaq rallied Tuesday after Fed chairwoman
In testimony before the House, Yellen said the Fed will continue reducing its stimulus as the economy gradually improves, and said recent emerging market turmoil posed no real risk to the outlook.
In other economic news, the U.S. Treasury will release its monthly budget statement Wednesday at
And on the corporate front, Cisco and Zillow will report quarterly earnings after the bell.
Shares for ING Groep jumped in pre-market trading after the Dutch bank reported significant quarterly increases in earnings year-to-year. French bank Societe Generale also reported a quarterly jump in profit.
In after-hours trading, shares of DaVita HealthCare Partners and retailer Fossil rose after reporting quarterly earnings that beat expectations.
Amazon shares dipped before the open after the online retailer announced that it would hire 2,500 full-time workers at its fulfillment centers, in addition to the 20,000 that it hired last year.
European markets were moving higher in morning trading, following gains on Asian markets.
The Shanghai Composite added 0.3%, while
Oil prices gained
Gold prices took on
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