Gold stocks strongest
The S&P/TSX composite index gained 29.86 points to greet noon at 15,291.50
The Canadian dollar subtracted
Shares of gold producers benefited as the bullion price was up after a report showed economic sentiment among analysts and investors in
Among gold mining shares, Goldcorp climbed 2.6% to
Financials, the index's most heavily weighted sector, advanced with Bank of Nova Scotia adding 0.5% to
A drop in oil prices weighed on shares of energy producers. Canadian Natural Resources lost 1% to
Aecon Group dropped 2.2% to
Ithaca Energy Inc was down 2.8%, at
Eight of the 14 Toronto subgroups were higher, led by gold, up 2.6%, materials, better by 1.5%, and health-care, stronger 0.7%.
The half-dozen laggards – growing in number since the morning – as information technology fell 0.8%, energy was 0.65 less energetic, and consumer staples skidded 0.4%.
U.S. stocks fell modestly on Tuesday as uncertainty continued to swirl around the tense situation in
The Dow Jones Industrials faded by noon 15.96 points to 16,537.97
The S&P 500 advanced 0.54 points to 1,932.13. The NASDAQ composite slipped 15.4 points to 4,385.91.
Equities have come under pressure because of the unrest between
Weakness in tech companies pressured the NASDAQ, with F5 Networks Inc down 2.7 % to
Drug companies rallied, with Intercept Pharmaceuticals up 26% to
Energy companies were the weakest of the day. Anadarko Petroleum fell 1.9% to
Shares of clothing and accessories maker Kate Spade & Co were volatile after reporting second-quarter earnings that topped expectations. The stock initially rose more than 10% before moving dramatically lower. It last traded at
Mobile service provider NII Holdings plummeted 70% to
Prices for 10-year U.S. Treasuries were lower at first, raising yields to 2.43% from Monday's 2.42%. Treasury prices and yields move in opposite directions.
Oil prices slumped
Gold prices regained
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