Canada's main stock index, which hit a new six-year high of
15098.54 earlier, was up 13 points mid-afternoon to 15068.96 after
the U.S. Federal Reserve released the outcome of its policy
Financial stocks gained 0.03% after the Fed decided to scale
back its bond-buying program by another $10 billion to $35 billion,
as expected, with U.S. labor markets showing signs of improvement
and household spending rising moderately. The bank said it plans to
begin raising interest rates in 2015 while expressing its
confidence in the recovery of the U.S. economy.
Info tech remains the biggest gainer, up 0.58%. It was followed
by miners, which jumped 0.39%, after getting a boost from rising
Meanwhile, healthcare was still the weakest sector, down 0.32%.
Energy shares slipped 0.10%, hurt by falling crude oil and
More than 187 million shares have changed hands so far. B2Gold
(BTO.TO) was the most actively traded.
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