TSX May Open Lower on Weak Commodities Ahead of U.S. Data
Toronto's main stock index may open lower on Thursday, as commodity prices slipped while investors keep a close watch on U.S. labor and manufacturing data for clues on the state of the world's largest economy, according to Reuters.
Stocks to watch:
Toronto-Dominion Bank's (TD.TO) quarterly profit rose 23% due to stronger loan volumes, prompting the company to raise its dividend, it said.
Mosaid Technologies (MSD.TO) bought Luxembourg-based Core Wireless Licensing S.a.r.l in a deal that adds nearly 2000 telecom and wireless patents to its portfolio.
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