Energy, staples take lead
Figures again improved for equities in
The S&P/TSX composite index moved ahead 56.51 points early Tuesday at 15,394.98. The index is working on a three-session win streak.
The Canadian dollar faded
Alimentation Couche-Tard and China's Tencent Holdings are among suitors shortlisted to buy a
BlackBerry said on Monday it had created a new unit to house what many consider to be among its most promising assets - cryptographic applications, its QNX embedded software and Project Ion platform for connecting devices. The company once known as Research In Motion saw its shares gain
All but one of the 14 Toronto subgroups were higher in the early going, with energy and consumer staples each up 0.8%, and financials up 0.3%.
The lone naysayer was in global base metals, off 0.9%.
U.S. stocks advanced Tuesday after a better-than-expected jump in July housing starts, while a stronger tone in
The Dow Jones Industrials took on 48.81 points to start out Tuesday at 16,887.55
The S&P 500 added 5.61 points to 1,977.35. The NASDAQ composite gained 11.45 points to 4,519.76
Home Depot was the biggest gainer in the Dow 30 after the retailer's quarterly results topped forecasts, while Medtronic Inc. dipped 0.2% after the medical devices maker's profit also topped expectations.
In other economic news, the
Prices for 10-year U.S. Treasuries gained ground, lowering yields to 2.37% from Monday's 2.39%. Treasury prices and yields move in opposite directions.
Oil prices withered
Gold prices plummeted
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