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Stock impact report

Financials help TSX close near all-time high [Business News Network (BNN) Energy & Resources (Canada)]

Agnico Eagle Mines Limited (AEM) 
Last agnico eagle mines limited earnings: 4/30 05:07 pm Check Earnings Report
Financials help TSX close near all-time high TORONTO -- Canada's main stock index rose to within striking distance of an all-time high, while U.S. markets fell on disappointing bank results. The S&P/TSX composite index closed up 34.93 points to 16,515.46, after hitting an intraday high of 16,532.67. That's just 35 points off the peak reached last July, before falling on a late-year selloff. It's not unreasonable for the market to set a new high at some point this year but the 15 per cent increase in the first few months of the year is unlikely to repeat itself, said Craig Fehr, Canadian markets strategist for Edward Jones. "Whether or not that comes in the very near-term or as we advance more broadly is yet to be determined but when we look at our outlook for equity markets from here, it's largely going to be driven again over a broader period by the combination of economic growth and earnings growth," he said in an interview. "And as we look at both of those factors I'd say they stil Show less Read more
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