Oil prices chase
The S&P/TSX composite index gained 16.32 points to greet noon at 15,017.93. It earlier hit 15,063.04, its highest level since
The Canadian dollar was up 0.05 at
The benchmark index, which has climbed in 11 of the last 12 sessions, is up more than 10% this year.
Investors followed news of Sunni insurgents seizing a mainly ethnic Turkmen city in northwestern
With the price of U.S. crude oil hovering above
Financials added strength with Royal Bank of Canada advancing 0.4% to
On the economic slate, Statistics Canada reported that investors offshore added
Meanwhile, Canadian investment in foreign securities slowed to
Nine of the 14 Toronto subgroups were higher by midday, led by health-care, up 0.4, while consumer staples and consumer discretionary stocks were co-runners-up at 0.3%.
The five laggards were weighed most by gold, down 0.8%, real-estate, down 0.4%, and global base metals, off 0.3%.
The deepening turmoil in
The Dow Jones Industrials had doffed 37.69 points to greet noon at 16,738.05
The S&P 500 lost 2.75 points to 1,933.41, and the NASDAQ composite slid 4.29 points to 4,306.46
On the positive side, cheap borrowing rates and tax policy continue to drive merger and acquisition activity.
Medical device giant Medtronic unveiled a
Williams Cos. spiked 23% as investors cheered the energy company's
In the tech world, SanDisk inked a
Level 3 Communications agreed to scoop up business ethernet provider TW Telecom for
Yahoo retreated 5% after
Shares of Tesla drove 3% higher, extending its 2014 rally to 41%. Investors have largely shrugged off an initial negative reaction to Tesla's plans to share patents with competitors.
Oil prices ticked above
Manufacturing activity in the
Prices for 10-year U.S. Treasuries were up by midday Monday, lowering yields to 2.59% from Friday's 2.60%. Treasury prices and yields move in opposite directions
Oil prices gained
Gold prices took on
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