Close

Welcome back to Stockhouse
Member Sign In

Email or Username:
Password:
Close

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Enter your email address:
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

Stockhouse @ the Bell: Stocks advance amid less geopolitical risk, positive Chinese inflation data

Canadian Press, The Canadian Press
0 Comments| August 11, 2014


TORONTO _ The Toronto stock market closed higher amid an easing of tensions in the conflict between Ukraine and Russia and reassuring inflation data from China.

The S&P/TSX composite index ran up 65.33 points to 15,261.64. The Canadian dollar was ahead 0.43 of a cent to 91.58 cents US.

U.S. indexes were also positive following reports Friday that Russia called an end to military exercises near Ukraine.

And today, the Ukraine government said that the Red Cross will lead an international humanitarian aid operation into the eastern part of the country with assistance from Russia, the European Union and the United States.

The Dow Jones industrials was well off the highs of the day but still up 16.05 points to 16,569.98, the Nasdaq climbed 30.43 points to 4,401.33 while the S&P 500 index was ahead 5.33 points to 1,936.92.

Meanwhile, China's consumer price index in July stayed at 2.3 per cent, well below the official target for the year of 3.5 per cent. That gives the central bank plenty of room to stimulate the economy.

For news about small stocks that made big moves in Monday’s trading, please read the
Stockhouse Canadian Small and Micro-cap Stock Report


Tags: ENERGY OIL & GAS INTEGRATED

Rate this article
0 stars
v
Usefulness

Clarity

Credibility

Interested in these industries and sectors?

Receive investor kits and email updates from Stockhouse and directly from these companies.

Energy

I consent to receiving investment related electronic messages from Stockhouse and the companies selected.
I may withdraw my consent at any time.

Comments

No comments yet. Be first to comment!

Leave a Message

You must be logged in to access this feature.