Tuesday wrap: North American stocks advance as Alcoa report boosts hopes for strong Q2 earnings season
TSX, Dow post triple-digit gains
- By: Malcolm Morrison
- July 13, 2010 July 13, 2010
- 15:42
TSX, Dow post triple-digit gains
Both exports and imports increase
Oil prices climb back above US$75 a barrel
Vote puts end to election speculation
Alcoa earnings beat analyst expectations
Firms are having an easier time obtaining loans
China’s exports surge despite concerns Europe’s debt crisis could hurt trade
U.S. earnings season kicks off Monday
Bank of Canada likely to announce 25 bps increase later this month
Decline further evidence of cooling demand: economists
N.Y. advances ahead of earnings
Pressure grows for higher interest rates
Tentative signs of a peak are emerging in Canada, the UK and Brazil
Some pullback in Canadian domestic activity ‘inevitable’
Decline in default rates to continue through the end of this year
Index up 2.9% year over year
European rates expected to stay low form months
U.S. futures weak
Warns downside risks have risen sharply
Total expands oilsands stake, buys UTS
Third straight quarterly gain
Housing market a concern in U.S., Canada
Total expands oilsands stake, buys UTS
Lasting benefits of harmonization will be increases in employment, personal incomes, and the overall standard of living
Bank of Canada expected to raise rates modestly in July