Health-care down, gold up
The S&P/TSX composite index removed 2.08 points to greet noon at 14,869.13
The Canadian dollar dipped
The gold-mining sector jumped, with Barrick Gold adding 1% to
Shares of energy producers edged higher. Suncor Energy advanced 0.9% to
Financials slipped. Toronto Dominion Bank lost 0.3% to
In corporate news, U.S. drug maker Allergan Inc rejected a sweetened
Most of the companies surveyed, 74%, said they planned on keeping staffing levels the same, while 2% were unsure what their hiring would be like in the upcoming quarter. The survey found that hiring intentions were most favourable in
Eight of the 14 Toronto subgroups were lower by midday, with health-care and global base metals each shedding 0.8%, and real-estate sagging 0.4%.
The half-dozen gainers were led by gold, shining 1.4% brighter, while materials were stronger by 1.2%, and consumer staples nosed ahead 0.2%.
Stocks drifted slightly lower, casting doubt on
The Dow Jones Industrials were off 15.57 points, to 16,927.23 midday Tuesday.
The S&P 500 shed 3.75 points to 1,947.52, and the NASDAQ composite index dropped 8.55 points, to 4,327.69
Shares of eBay fell over 2% as investors fret over the departure of
Earlier this week Amazon launched a new service that's expected to go head-to-head with PayPal. It will allow customers to automatically pay recurring charges, such as phone bills, with their Amazon accounts.
RadioShack's shares are struggling to find any signs of life and currently trades under
While RadioShack noted progress in its turnaround, the company warned it may need to raise more capital, slash costs or sell assets if current trends continue or worsen.
Shares of Netflix climbed almost 2.6% after the company reportedly buried the hatchet with Internet providers such as Verizon over slow streaming video.
Tesla, a notoriously volatile stock, may be worth watching as the company's founder and CEO
Meanwhile, Burlington Stores bounced 5% after announcing a bump in quarterly profits but warning of red ink in the current quarter.
Prices for 10-year U.S. Treasuries were lower Tuesday, raising yields to 2.64% from Monday's 2.61%. Treasury prices and yields move in opposite directions
Oil prices gathered
Gold prices increased
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