CANADA STOCKS-TSX rises broadly, snaps 3-session skid

Thu Jul 9, 2009 4:08pm EDT
 
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TORONTO, July 9 (Reuters) - Toronto's main stock index snapped a three-session skid on Thursday, finishing more than 1 percent higher as a rise in commodity prices gave a boost to the resource-heavy market.

The S&P/TSX composite index .GSPTSE unofficially closed up 120.67 points, or 1.25 percent, at 9,774.12. Eight of the index's 10 main groups were higher. (Reporting by Ka Yan Ng; editing by Peter Galloway)

 

Analysis

A worker inspects U.S. dollar bills inside a money changer in Manila December 15, 2008. REUTERS/Romeo Ranoco (PHILIPPINES)
Backing off the dollar

The crises of the past year may prove to be a watershed for the dollar, as central banks worried about the greenback's stability step up purchases of the euro and yen.  Full Article 

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