Saturday, June 14, 2008

June 13, 2008 Daily Market Wrap

This is Jeff Wareham, Scotia McLeod wealth advisor, with your daily market wrap for June 13, 2008

A positive end to a negative week, as the Canadian market headed North, and the Dow followed suit, despite higher than expected inflation numbers....Toronto surged all day, up 178 points, with strength in tech and
Financials offsetting a drop in oil...while the Dow added 166 points. The
NASDAQ finished up 50 points, and the S&P finished up 20 points..oil dipped to 134.88 US dollars per barrel, and the Canadian dollar stayed steady against the US dollar at 97.22 cents US. Gold closed at $870 per ounce.

This is for information purposes only, Best efforts have been made to furnish accurate data...Performance data does not represent future performance. ScotiaMcLeod s a division of Scotia Capital, member CIPF.

For further information on the markets, Tune in Saturdays at 8:30 for Beyond Funds Market Weekly, visit my blog on AM 980's website, or at www.beyondfunds.ca

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