Transportation, Retail and Markets Correspondent, Canada
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May 20, 2015

TSX rises for fourth day as energy lifts; Fed in focus

TORONTO, May 20 (Reuters) – Canada’s main stock index rose
broadly for the fourth straight day on Wednesday, with nearly
every sector making gains and energy companies getting a boost
from rebounding commodity prices.

Investors were also awaiting the minutes from the Federal
Reserve’s April meeting for clues on when the U.S. central bank
will likely resume hiking interest rates.

May 19, 2015

TSX lifted by financials, record U.S. stocks

TORONTO, May 19 (Reuters) – Canada’s main stock index
climbed for the third straight session on Tuesday, as financial
stocks helped lead the market higher and investor optimism got a
boost from U.S. stocks closing at record highs on Monday.

Valeant Pharmaceuticals International Inc, a
perennial index heavyweight, lead with a 2.7 percent rise to
C$277.24. The overall healthcare group jumped 2.1 percent.

May 15, 2015

TSX steady as energy, financials offset wider gains

TORONTO, May 15 (Reuters) – Canada’s main stock index was
little changed on Friday as losses in the financial and energy
sectors offset gains across an otherwise positive market.

Energy stocks were hit by slumping crude prices, which fell
on reports that an increasing oversupply of oil was boosting
global inventories.

May 14, 2015

TSX rebounds, gold rally provides lift

TORONTO, May 14 (Reuters) – Canada’s main stock index rose
on Thursday as resource stocks, buoyed by a gold rally, helped
the market rebound from recent losses.

The most influential movers on the index were Goldcorp Inc
, which rose 2.84 percent to C$23.90, and Barrick Gold
Corp, which advanced 1.5 percent to C$16.07.

May 13, 2015

TSX falls for third straight day, but golds rise

TORONTO, May 13 (Reuters) – Canada’s main stock index fell
for a third straight session on Wednesday, reversing early
gains, as U.S. economic data disappointed the market, while
rising gold miners limited the loss.

Canadian National Railway Co was the index’s
biggest heavyweight decliner. The country’s biggest railway fell
2.04 percent to C$74.97. Canadian Pacific Railway Ltd
was not far behind, falling 2.1 percent to C$214.94. The
railways are in the index’s industrials group, which retreated
0.9 percent.

May 12, 2015

TSX sags on global jitters; all 10 sectors retreat

TORONTO, May 12 (Reuters) – Canada’s main stock index fell
sharply on Tuesday, tracking global equities, as volatility in
the bond markets and other worries had investors rattled

Government bonds sold off again, with benchmark 10-year U.S.
Treasuries yields at their highest since
mid-November and German 10-year yields rising even

May 11, 2015

TSX edges lower as oil shares weigh

TORONTO, May 11 (Reuters) – Canada’s main stock index eased
on Monday as slim gains by heavily weighted financial shares
were offset by drops in energy companies on lower oil prices,
with the market staying cautious as it continued to digest
Friday’s U.S. employment data.

Oil and gas shares were down 0.8 percent as U.S. crude
prices dropped 0.7 percent at $58.96, while Brent crude
lost 1.3 percent to $64.53.

May 8, 2015

TSX climbs on U.S. jobs data, energy shares

TORONTO, May 8 (Reuters) – Canada’s main stock index
advanced on Friday as upbeat economic data reflected strength in
the U.S. labor market and shares of energy producers climbed
with the price of U.S. crude oil.

In the United States, all three main stock indexes, the Dow
Jones industrial average, the S&P 500 and the
Nasdaq Composite, were up over 1 percent.

May 8, 2015

UK vote, U.S. jobs help drive TSX higher

TORONTO, May 8 (Reuters) – Canada’s main stock index rose on
Friday, tracking upbeat global markets as sentiment warmed
following a surprise win by the business-friendly Conservatives
in the UK election and data that showed a rebound in the U.S.
labor market in April.

In the United States, all three main stock indexes, the Dow
Jones industrial average, the S&P 500, and the
Nasdaq Composite were up over 1 percent.

May 7, 2015

TSX rebounds, ends up, but energy stocks down again

TORONTO, May 7 (Reuters) – Canada’s main stock index rose
broadly on Thursday, reversing a retreat in early trading as
resource stocks turned positive, but energy companies posted
another round of heavy declines as crude prices sank.

The heavily weighted materials group, home to mining and
other resource companies, finished 1.7 percent higher after
rebounding from early losses. The sector has remained rangebound
for much of the last two months, however.

    • About Solarina

      "I am a Canadian transportation, retail and markets correspondent. I occasionally moonlight in entertainment and lifestyle news. I was formerly a homepage editor for, and an online news editor for, and .ca. Life before Reuters included working in China and freelancing in California."
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