Toronto stocks snap three-day losing streak
TORONTO, Sept 5 (Reuters) - The Toronto Stock Exchange's main index bounced higher late on Friday, snapping a sharp three-day losing streak, as gains by resource and consumer issues offset worries over the outlook for the global economy.
The S&P/TSX composite index .GSPTSE unofficially closed up 44.84 points, or 0.35 percent, at 12,858.98. (Reporting by Leah Schnurr and Natasha Elkington; editing by Rob Wilson)
© Thomson Reuters 2009 All rights reserved
Green Shoots / Brown Weeds
Jobless claims drop steeply
The number of U.S. workers filing new claims for jobless benefits fell sharply last week, although the data was distorted by an unusual pattern of layoffs in the automotive industry. Full Article
Bad weather hurts retail sales
Sales fell at many U.S. apparel retailers and warehouse club stores in June as the weak economy and cool, rainy weather dashed interest in summer shopping for consumers across the country. Full Article




