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Stock impact report

CANADA STOCKS-TSX pares weekly decline as interest rate sensitive shares gain [Yahoo! Finance]

BCE, Inc. (BCE) 
Last bce, inc. earnings: 2/6 07:00 am Check Earnings Report
US:NYSE Investor Relations: bce.ca/investors/investoroverview
Company Research Source: Yahoo! Finance
Financials add 0.7% (Updates at market close) By Fergal Smith April 19 (Reuters) - Canada's main stock index edged higher on Friday as energy and interest rate sensitive shares notched gains, with the index outperforming Wall Street and clawing back some of its weekly decline. The Toronto Stock Exchange's S&P/TSX composite index ended up 98.93 points, or 0.5%, at 21,807.37, its third straight day of gains. For the week, it was down 0.4% after declining 1.6% in the previous week. The Nasdaq and the S&P 500, two major U.S. benchmark indexes, fell after mixed corporate earnings and amid growing pessimism that the Federal Reserve would cut interest rates soon. "It's positive to see a bit of a bounce in interest rate sensitive stocks," said Lorne Steinberg, president, Lorne Steinberg Wealth Management Inc. "We are probably going to get an interest rate cut (in Canada) sooner than they will in the U.S." Money markets see a roughly 50% chance the Bank of Canada will begin easi Show less Read more
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