U.S. Markets News
TORONTO, May 21 - U.S. Ambassador to Canada David Jacobson will join Bank of Montreal as vice-chairman after he leaves his diplomatic post and will work in the bank's U.S. division, BMO said on Tuesday.
NEW YORK, May 21 - The euro rose to a session high against the dollar on Tuesday as investors positioned ahead of testimony from U.S. Federal Reserve Chairman Ben Bernanke on Wednesday.
CALGARY, Alberta, May 21 - Canadian Pacific Railway Ltd said five tankers containing oil derailed on Tuesday morning near Jansen, Saskatchewan, and one of the cars is leaking crude.
* TSX rises 126.50 points, or 1 percent, at 12,739.55 * Eight of the 10 main sectors advance * Gold shares rise 3.5 percent * RBC up 1.2 percent to play market's biggest influence By John Tilak TORONTO, May 21 - Canada's main stock index jumped 1 percent to its highest in more than 1-1/2 months on Tuesday, fueled by gains in most major sectors and optimism following positive economic data from Europe. British inflation fell twice as fast as expected last month,
* Bernanke's Congressional testimony on Wednesday, BOJ meeting in focus
FRANKFURT, May 21 - Massive asset purchases are the closest thing to normal monetary policy once interest rates get near zero, a senior U.S. Federal Reserve official said on Tuesday, recommending that the European Central Bank weigh such action if inflation falls further.
All American Indices
|Symb||Index||Mkt Report||Time||Last||Chg||Chg %|
|.DJI||Dow Jones Industrial Average||View||11:21am EDT||15,357.45||+22.17||+0.14%|
|.IXIC||Nasdaq Composite Index||View||11:21am EDT||3,497.43||+0.99||+0.03%|
|.TRXFLDUSP||Thomson Reuters Equity US Index||11:08am EDT||151.18||-0.05||-0.03%|
|.TRXFLDCAP||Thomson Reuters Equity Canada Index||11:06am EDT||238.42||+2.67||+1.13%|
|.GSPTSE||S&P/TSX Composite Index||View||11:21am EDT||12,759.67||+146.62||+1.16%|
|.XAX||AMEX Composite Index||View||11:23am EDT||2,429.50||-15.49||-0.63%|
|.MXX||MXSE IPC||View||11:16am EDT||40,459.68||-620.75||-1.51%|