World markets
| Shanghai | 2,084.02 | -59.43 (-2.77%) |
| Nikkei 225 | 13,014.58 | -230.64 (-1.74%) |
| Hang Seng Index | 20,382.87 | -604.02 (-2.88%) |
| TSEC | 7,898.91 | -108.48 (-1.35%) |
| FTSE 100 | 6,219.11 | -129.71 (-2.04%) |
| EURO STOXX 50 | 2,632.04 | -51.94 (-1.94%) |
| CAC 40 | 3,765.15 | -74.19 (-1.93%) |
| S&P/ASX 200 | 4,758.40 | -103.00 (-2.12%) |
| BSE Sensex | 18,693.80 | -551.90 (-2.87%) |
| KOSPI | 1,850.49 | -37.82 (-2.00%) |
Stocks Decline on Fed Fears
Stocks declined and both Treasury-bond yields and the dollar rose sharply, all signs of market unease, after Mr. Bernanke repeated his May comments that the Fed this year could begin trimming the size of its monthly debt purchases.
| 12,268.29 | -99.17 | (-0.80%) | |
|
| 924.25 | -5.74 | (-0.62%) | |
| 15,112.19 | -206.04 | (-1.35%) | ||
| 1,628.93 | -22.88 | (-1.39%) |
Top stories
BURLINGTON, Ont. -- Bank of Canada Governor Stephen Poloz says Canadian consumers did their part for the economy by borrowing the country through the worst recession since the Great Depression and now it is the turn of businesses to start spending.
Orascom Telecom Holding announced Wednesday that it is pulling back its bid to buy out Wind Mobile Canada founder and CEO Anthony Lacavera and acquire full control of the company, in which it already holds a 65 per cent interest.
HALIFAX - The Imperial Oil refinery in Halifax is being converted into a terminal operation. The company says in a news release today that it couldn't find a buyer for the facility after searching for a year.
TORONTO - Canada's growth outlook appears to be stronger than previously thought, thanks to an improving trade picture and the strength of corporate balance sheets, economists at the Royal Bank of Canada said Wednesday.
MONTREAL - Convenience store operator Alimentation Couche-Tard is seen as a likely bidder to purchase retail assets from oil and gas giant Hess as it seeks to further boost its U.S.
Trends
| Gainers | Change | Mkt Cap | |
| THO | Tahoe Resources Inc | 4.82% | 2.09B |
| UNG-C | Union Gas | 3.85% | 3.12B |
| IMX | IMAX Corporation | 3.05% | 1.76B |
| SCL | SHAWCOR LTD | 2.79% | 2.45B |
| EFN | Element Financial Corp | 2.29% | 1.40B |
| Losers | Change | Mkt Cap | |
| ATH | Athabasca Oil Corp | -4.86% | 2.90B |
| NBD | Norbord, Inc. | -4.64% | 1.82B |
| BRP | Brookfield Residential Properties Inc | -4.21% | 2.75B |
| ACO.X | ATCO Ltd. | -3.93% | 5.09B |
| TCK.B | Teck Resources Ltd | -3.87% | 13.40B |
Excludes stocks with mkt cap less than $1B.
Learn more
Bank of Canada daily digest
| Money markets | Change | |
| Overnight rate | 1.01% | +0.0051 |
| Corporate paper, 1 month | 1.12% | 0.00 |
| Treasury bill, 1 month | 1.01% | 0.00 |
| Inflation | ||
| Total consumer price index | 0.400% | -0.6000 |
| Interest rates | ||
| 10 year bond | 2.62% | +0.0100 |
| Prime business rate | 3.00% | 0.00 |
| Conventional mortgage, 5 yrs | 5.14% | 0.00 |