NASDAQ at year-to-date high
The S&P/TSX composite index gained 50.71 points to greet noon at 15,354.95
The Canadian dollar subsided
The tech sector led advancers with BlackBerry ahead
The financial sector also provided lift, ahead of the start of a series of earnings reports coming in from the big banks over the next two weeks.
The metals and mining sector gained ground while September copper was unchanged at
On the economic beat, Statistics Canada reported this morning that foreign investors reduced their holdings of Canadian securities by
Meanwhile, Canadian investors added
All but three of the 14 Toronto subgroups were higher by midday, with information technology ahead 0.9%, consumer stapes up 0.8%, and financials, up 0.7%.
The three laggards were health-care, ailing 0.9%, energy, sliding 0.6%, and gold, down 0.4%.
U.S. stocks on Monday built on last week's advance, helped by deal news and waning
The Dow Jones Industrials jumped 170.82 points, or 1%, to break for lunch Monday at 16,833.73
The S&P 500 added 16.59 points to 1,971.65. The NASDAQ composite popped 43.19 points to 4,508.12, a new intraday high for the year and a level last seen in
Shares of Dollar General Corp. rose 9%, faring best in the S&P 500, after offering to buy rival Family Dollar Stores Inc. in an all-cash deal worth
On the economic front, the NAHB/Wells Fargo Housing Market Index for August came in at 55, its highest level in seven months. Economists had expected a reading of 53.
Foreign ministers from
Prices for 10-year U.S. Treasuries sagged, raising yields to 2.38% from Friday's 2.35%. Treasury prices and yields move in opposite directions.
Oil prices slumped
Gold prices plummeted
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