The S&P/TSX composite index gained 18.85 points to 14,207.83. The Canadian dollar was off 0.03 of a cent to
U.S. indexes were slightly higher ahead of the mid-morning release of new home sales figures. Economists think the unusually tough winter conditions will also affect this set of data with sales expected to decline about four per cent to an annualized pace of 398,000. But they also note that the sector is suffering from last year's spike in mortgage rates.
The Dow Jones industrials was ahead 8.36 points to 16,188.02, the Nasdaq was up 8.71 points to 4,296.3 while the S&P 500 index added 0.61 of a point to 1,845.73.
The earnings news was mixed in the retailing segment as
At home improvement retailer Lowe's, the housing market recovery helped push fiscal fourth-quarter net income up six per cent to
On the TSX tech stocks led advancers with
The base metals group was up 0.7 per cent with March copper unchanged at
The energy sector was the major decliner, down 0.3 per cent with the April crude contract in
The gold sector was slightly lower while April bullion fell
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