This is Jeff Wareham, Scotia McLeod wealth advisor, with your daily market wrap for June 5, 2008
Everyone was in a buying mood today, as the market shrugged off downgrades of the major US bond insurers, and charged ahead...Toronto's TSX surged 292 points, with most sectors up, especially the energy and materials...while
the Dow surged 213 points. The NASDAQ finished up 46 points, and the S&P
finished 26 points..oil surged over $5 to 127.76 US dollars per barrel, and the Canadian dollar stabilized against the US dollar at 98.36 cents US. Gold closed at $875 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.
Thursday, June 5, 2008
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