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TSX Set for Higher Open on Commodities; Syria Woes Could Cap Gains

By: MT Newswires
Posted: 9/5/2013 9:03:00 AM
Referenced Stocks:

Canadian stocks are headed for another day of modest gains, as stronger prices for key commodities help Toronto's resource-heavy main stock index.

Investors, however, are still worried about the geopolitical crisis in Syria, which could worsen if U.S. President Obama pushes through with his plans of launching military action against Bashar al-Assad's Syrian government after getting support from some of the major figures in the U.S. Congress.

Mining and energy stocks are likely to trade in the green during the session after gold and crude oil prices went up 0.14% and 0.46%, respectively.