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Stock impact report

TSX closes slightly higher with U.S. markets on holiday [Business News Network (BNN) Energy & Resources (Canada)]

Bank Nova Scotia Halifax Pfd 3 Ordinary Shares (BNS) 
Last bank nova scotia halifax pfd 3 ordinary shares earnings: 2/25 05:30 am Check Earnings Report
TSX closes slightly higher with U.S. markets on holiday TORONTO -- Canada's main stock index followed overseas markets in making small moves ahead of a key U.S. jobs report that could determine if interest rates will be cut. "The TSX like a lot of the markets is in a bit of a holding pattern," said Allan Small, senior investment adviser at HollisWealth, pointing to U.S. markets being closed in observance of the July 4 holiday. The S&P/TSX composite index closed up 12.65 points to 16,588.85. "So on a day where there's really no news or no negative news, the markets seem to melt up," he said in an interview. Small said Friday's employment report will be crucial, with a weak number below a solid 165,000 increase in non-farm payrolls likely prompting markets to rise on anticipation the data will push the Federal Reserve to cut rates at its meeting later this month. "Whereas if I see strong employment numbers that might call into question if the Fed goes within the next few weeks or holds Show less Read more
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