Popular News From Popular Sites: TSX may open higher on positive commentary by the U.S. Fed

Thursday, May 1, 2014

TSX may open higher on positive commentary by the U.S. Fed

A Bay Street sign is seen in the heart of the financial district in Toronto (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday as investors were upbeat a day after U.S. Federal Reserve showed faith in the world's largest economy and cut its massive bond-buying program. June futures on the S&P TSX index were up 0.16 percent at 0715 ET. Manufacturing PMI data is due at 0930 ET The index advanced to its highest level in almost six years on Wednesday after positive commentary on the U.S. economy by Federal Reserve Chair Janet Yellen helped reassure investors and drive broad gains. Dow Jones Industrial Average futures were up 0. ...




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