TSX "Stars Align" as Resources Rise
Source: Reuters, Claire Sibonney (8/17/11)
"Thanks to its heavy weighting in resources, the TSX was outperforming its U.S. counterparts."
Reuters, Claire Sibonney
Toronto's main stock index jumped more than 1% on Wednesday morning as rising commodity prices and healthy U.S. earnings pushed euro zone fears to the background and boosted risk appetite.
Thanks to its heavy weighting in resources, the TSX was outperforming its U.S. counterparts, as it had underperformed in the previous session. . .View full article
Toronto's main stock index jumped more than 1% on Wednesday morning as rising commodity prices and healthy U.S. earnings pushed euro zone fears to the background and boosted risk appetite.
Thanks to its heavy weighting in resources, the TSX was outperforming its U.S. counterparts, as it had underperformed in the previous session. . .View full article