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Market summary

10:53AM 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 6,837.96 +34.09 (0.50%)
EURO STOXX 50 2,825.74 +4.09 (0.14%)
CAC 40 4,040.41 +4.23 (0.10%)
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 0.9712 -0.0019 (-0.19%)
CAD/EUR 0.7502 -0.0035 (-0.46%)
CAD/JPY 100.0390 +0.4475 (0.45%)
CAD/GBP 0.6429 +0.0015 (0.23%)
CAD/HKD 7.5373 -0.0143 (-0.19%)
CAD/AUD 0.9946 +0.0022 (0.22%)
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.
Bernanke Says Premature Tightening Would Endanger Recover  
Gold Tops $1400 in NY as Bernanke Says Stimulus Will Continue  
Market Chart
12,796.68 +54.25 (0.43%)
945.29 +5.88 (0.63%)
15,464.99 +77.41 (0.50%)
1,677.11 +7.95 (0.48%)

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.
CALGARY - A business owner from Jasper will represent Alberta in the finals of the 2013 BDC (Business Development Bank of Canada) Young Entrepreneur Award.
Retailer reports poor start to 2013. Target Corp.'s earnings per share were down in the first quarter of 2013, even after accounting for the costs of opening 24 stores in Canada beginning in March, the company reported Wednesday.
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.
TORONTO -- The Canadian Association of Mortgage Professionals is warning that new-home construction will drop dramatically within the next two years, resulting in a loss of about 80,000 construction and related jobs by mid-2015.

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