Canadian Stocks Move Higher; Risk Aversion Climbs; Healthcare Caps Gains


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Canada stocks closed higher Monday amid relief that the weekend referendum in Crimea went peacefully - even if geopolitical tensions remain high in the area - and also on promising U.S. manufacturing and factory data. The U.S. is Canada's largest trading partner, so any signs of economic strength there tend to buoy sentiment north of the border too.

Earlier today in economic news, the Canadian Real-Estate Association said home sales are expected to trend higher heading into the spring, and be further supported over the second half of 2014 by a widely anticipated pick-up in Canadian economic growth.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing , Commodities

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