MID-DAY: Markets continue to thrive under investor confidence
Investor confidence is still growing as the stock markets continue gains today. The TSX is up 70 points to 15,478 and the Dow has pushed 122 shares to 25,323. Analysts say investors have shrugged off inflation fears to get back on track for a market that’s trending higher on the back of a strong economy in the US.
The price of oil has rebounded after falling 10 per cent last week. Crude is continuing its climb as the price of oil is up 0.30 to 61.47.
Gold is up 3.50 to 1,358.
The Loonie has slipped back below the 80 cent mark to 79.80 cents US.