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Market summary

11:00AM 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 6,842.12 +38.25 (0.56%)
EURO STOXX 50 2,824.36 +2.71 (0.10%)
CAC 40 4,039.03 +2.85 (0.07%)
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 0.9678 -0.0053 (-0.54%)
CAD/EUR 0.7515 -0.0022 (-0.29%)
CAD/JPY 100.1550 +0.5635 (0.57%)
CAD/GBP 0.6433 +0.0019 (0.29%)
CAD/HKD 7.5114 -0.0402 (-0.53%)
CAD/AUD 1.0001 +0.0077 (0.77%)
Bernanke warns ending US stimulus efforts too soon carries substantial risks
WASHINGTON -- Chairman Ben Bernanke is telling Congress Wednesday that the U.S. job market remains weak and that it is too soon for the Federal Reserve to end its extraordinary stimulus programs.
Global shares rise after Bernanke comments  
US Stocks Rally After Bernanke Testimony  
Market Chart
12,814.91 +72.48 (0.57%)
945.76 +6.35 (0.68%)
15,486.34 +98.76 (0.64%)
1,679.51 +10.35 (0.62%)

Top stories

TORONTO (Reuters) - Canada's main stock index opened sharply higher on Wednesday, led by Barrick Gold Corp (ABX.TO: Quote) and Goldcorp (G.
MONTREAL �A boil-water advisory issued Wednesday morning for the southwest sector of Montreal has now been extended to many other areas both on and off the island.
CALGARY - A business owner from Jasper will represent Alberta in the finals of the 2013 BDC (Business Development Bank of Canada) Young Entrepreneur Award.
Wed May 22, 2013 11:06am EDT. * Adjusted EPS 82 cents vs Street view 85 cents. * Revenue $16.71 billion vs view $16.78 billion. * Shares down more than 3 percent.
Zoocasa, an online service for home seekers, is aiming to win market share with rebates to buyers and sellers that will refund roughly 15 per cent of the commission they pay their real estate agents.

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