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Market summary

3:13PM EDT

World markets

Shanghai 2,302.40 -2.71 (-0.12%)
Nikkei 225 15,627.26 +246.24 (1.60%)
Hang Seng Index 23,261.08 -105.29 (-0.45%)
TSEC 8,398.84 +15.79 (0.19%)
FTSE 100 6,840.27 +36.40 (0.53%)
EURO STOXX 50 2,835.01 +13.36 (0.47%)
CAC 40 4,051.11 +14.93 (0.37%)
S&P/ASX 200 5,165.40 -14.70 (-0.28%)
BSE Sensex 20,062.24 -49.37 (-0.25%)
KOSPI 1,993.83 +12.74 (0.64%)

Currencies

CAD/USD 0.9737 +0.0007 (0.07%)
CAD/EUR 0.7538 +0.0001 (0.01%)
CAD/JPY 99.9805 +0.3892 (0.39%)
CAD/GBP 0.6430 +0.0016 (0.25%)
CAD/HKD 7.5571 +0.0054 (0.07%)
CAD/AUD 0.9956 +0.0032 (0.32%)
Bernanke Says Premature Tightening Would Endanger Recover
Federal Reserve Chairman Ben S. Bernanke said raising interest rates or reducing asset purchases too soon would endanger the recovery as the economy remains hampered by high unemployment and government spending cuts.
Bernanke: Bond Buys Could Slow at 'Next Few Meetings'  
US markets fall on Bernanke's mixed messages  
Market Chart
12,787.89 +45.46 (0.36%)
942.49 +3.08 (0.33%)
15,281.34 -106.24 (-0.69%)
1,651.07 -18.09 (-1.08%)

Top stories

The government's efforts to cool the housing market will have a negative impact on the economy and the range of industries that depend on house sales - everything from mortgage financing to furniture and appliance sales - warned the Canadian ...
MONTREAL - The maker of Ski-Doo snowmobiles says its initial public offering has been priced at $21.50 per share - giving the company a market value of about $2.5 billion.
Most Montrealers are being told they must boil their water before drinking it. City officials have issued a boil water advisory covering all areas east of, and including, LaSalle.
Sales at Target Corp.'s new Canadian stores were better than expected during the first quarter, even as the department store chain reported its overall profits dropped 26 per cent.
Undeterred by record-high housing prices and bolstered by low borrowing costs, nearly half of Canadian home owners plan to buy a property in the next five years, although intentions vary sharply from city to city, a poll released Wednesday has found.

Trends

Popular searches on GoogleChange Mkt Cap
DI.UN Dundee International Real Estate Inves -0.09% 777.68M

Bank of Canada daily digest

Money markets Change
Overnight rate 1.00% -0.0019
Corporate paper, 1 month 1.12% 0.00
Treasury bill, 1 month 0.950% 0.00
Inflation
Total consumer price index 0.400% -0.6000
Interest rates
10 year bond 2.34% 0.00
Prime business rate 3.00% 0.00
Conventional mortgage, 5 yrs 5.14% 0.00