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Stockhouse @ the Bell: Stocks mixed as worsening Ukraine-Russia crisis rattles traders

Stockhouse Editorial
0 Comments| August 15, 2014


TORONTO _ North American markets came under pressure from a worsening in the Ukraine-Russia crisis.

The S&P/TSX composite index climbed 13.06 points to 15,304.24.

But the Dow Jones industrials closed down 50.67 points to 16,662.91, while the Nasdaq gained 11.93 points to 4,464.93 and the S&P 500 index slipped 0.12 of a point to 1,955.06.

Markets backed off after NATO said that Russian military vehicles crossed into Ukraine during the night and the Ukrainian president said most of the force was quickly destroyed by his troops. Russia denied any incursion.

The report persuaded traders to seek safety but the Canadian dollar was higher amid strong revised jobs data.

The loonie rose 0.12 of a cent to 91.84 cents US as Statistics Canada said the economy added 42,000 positions last month.

The agency said earlier this week that it had discovered an error in its jobs data originally released last Friday showing the economy had added a meagre 200 jobs.

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

 


Tags: ENERGY OIL & GAS INTEGRATED

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