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Market summary

10:36AM EDT

World markets

Shanghai 2,373.95 +25.65 (1.09%)
Nikkei 225 8,729.29 +95.40 (1.10%)
Hang Seng Index 19,039.15 +116.83 (0.62%)
TSEC 7,274.89 +82.66 (1.15%)
FTSE 100 5,395.37 +90.89 (1.71%)
EURO STOXX 50 2,191.30 +41.14 (1.91%)
CAC 40 3,082.67 +55.52 (1.83%)
S&P/ASX 200 4,121.00 +47.40 (1.16%)
BSE Sensex 16,026.41 0.00 (0.00%)

Currencies

CAD/USD 0.9816 +0.0004 (0.04%)
CAD/EUR 0.7697 +0.0025 (0.32%)
CAD/JPY 78.4235 +0.5509 (0.71%)
CAD/GBP 0.6213 +0.0005 (0.08%)
CAD/HKD 7.6219 +0.0021 (0.03%)
CAD/AUD 0.9935 0.0000 (0.00%)
Facebook shares fall as valuation doubts rise
NEW YORK (Reuters) - Shares of Facebook fell again at the open on Tuesday as doubts about the company's valuation increased after Reuters reported that underwriters cut their revenue forecasts for the social networking site shortly before the IPO.
Facebook shares hit again  
Nasdaq OMX Chairman Backs CEO After Facebook IPO Fiasco  
Market Chart
11,513.46 +232.82 (2.06%)
1,257.69 +29.81 (2.43%)
12,556.73 +52.25 (0.42%)
1,326.49 +10.50 (0.80%)

Top stories

Gasoline fluctuated as Japan's sovereign-credit rating was lowered and the Organization for Economic Cooperation and Development said Europe's debt crisis risks damaging the global economy.
By Susan Taylor and Allison Martell TORONTO (Reuters) - The unprecedented boardroom rout that storied Canadian Pacific Railway (CP.
* EU summit may not yield meaningful outcome-analysts * Germany says euro bonds do not offer solution * But traders still wary of short squeeze in euro * Yen falls as Fitch downgrades Japan ratings By Gertrude Chavez-Dreyfuss NEW YORK, May 22 (Reuters) ...
TORONTO (Reuters) - A forest fire near Kirkland Lake in northern Ontario has caused power outages and disrupted operations at mines owned by Kirkland Lake Gold Inc and AuRico Gold Inc, but there were no injuries or deaths reported as of Tuesday.
MONTREAL - Canada's largest operator of convenience stores is disappointed by the response it has received to a proposed expansion into northern Europe.

Trends

Popular searches on GoogleChange Mkt Cap
TCK Teck Resources Limited 3.35% 17.88B

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% +0.0005
Corporate paper, 1 month 1.14% 0.00
Treasury bill, 1 month 0.890% +0.0100
Inflation
Total consumer price index 2.00% +0.100
Interest rates
10 year bond 2.29% +0.0100
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.44% 0.00