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Stock impact report

CANADA STOCKS-TSX closes at record high as markets climb 'wall of worry' [Yahoo! Finance]

Manulife Financial Corporation (MFC) 
Last manulife financial corporation earnings: 2/12 05:00 pm Check Earnings Report
US:NYSE Investor Relations: manulife.com/investor-relations
Company Research Source: Yahoo! Finance
Manulife Financial ends up 4.7% after earnings beat (Updates at market close) By Purvi Agarwal and Fergal Smith May 9 (Reuters) - Canada's main stock index closed at a record high on Thursday, led by gains for financial and resource shares, as investors cheered the Bank of England's dovish shift and a decline in long-term borrowing costs. The Toronto Stock Exchange's S&P/TSX composite index ended up 116.67, or 0.5%, at 22,375.83, eclipsing the record closing high it notched one month ago. The index hit the new high despite recent global geopolitical tensions and sharp swings in bond yields. "It seems that markets keep climbing the wall of worry," said Greg Taylor, portfolio manager at Purpose Investments. "It is good to see yields are pulling back a little bit. I think that's the big win today." The U.S. 10-year yield, a global benchmark, eased 2.6 basis points to 4.457%. It is down roughly 28 basis points from its April peak. The Bank of England paved the way for the Show less Read more
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