The S&P/TSX composite index dipped 14.87 points to greet noon at 14,641.53.
The Canadian dollar hiked
Scotiabank has signed a deal to buy a 20% stake in Canadian Tire's financial services business for
At the same time, Canadian Tire posted net income attributable to shareholders of
Valeant Pharmaceuticals International posted a first-quarter net loss of
On a cash earnings per share basis, adjusted income was
Telus Corp. was ahead
Revenue was up 5% to
Auto parts giant Magna International reported quarterly net income attributable to the company was
Investors were also encouraged Thursday by
On the economic beat, Statistics Canada reported this morning that its New Housing Price Index rose 0.2% in March, following an identical increase in February.
Eight of the 14 Toronto subgroups were still positive, led by metals and mining, up 1.8%, industrials, up 0.6%, and telecoms, up 0.4%.
The half-dozen laggards were weighed mostly by energy, off 1.3%, health-care, down 0.9%, and gold, off 0.2%.
The leading lady of the U.S. economy,
The Dow Jones Industrial Average raced ahead 103.84 points to 16,622.38
The S&P 500 took on 9.97 points to 1,888.18, and the NASDAQ composite index added 37.12 points to 4,104.79
Shares of Tesla tanked 4%, but that was a rebound from the 10% drop the stock experienced shortly after the opening bell. The company's earnings beat expectations Wednesday, but Tesla forecast that expenses will continue to rise as it expands into
SolarCity surged 15% after the solar panel company beat earnings estimates and subsequently received a series of analyst upgrades.
The company also announced the expansion of its partnership with theJ.
Dish Network declined after the satellite provider reported lower profit for the quarter and said it added television subscribers at a slower pace than the same period last year.
Barclays got a boost in
Stocks got a late boost Wednesday from Federal Reserve chairwoman
Today, Yellen appears before the
Prices for 10-year U.S. Treasuries regained ground, dropping yields back to Wednesday's 2.59%. Treasury prices and yields move in opposite directions
Oil prices demurred
Gold prices dipped
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