The “Big Five” Canadian banks include Royal Bank of Canada, Toronto Dominion Bank (TD Canada Trust), Bank of Nova Scotia, Bank of Montreal and Canadian Imperial Bank of Commerce (CIBC). Are there other viable options?
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The best GIC rates in Canada
Find the best GIC rates in Canada. Plus, everything you need to know about how they work.
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Markets Right Now: US stocks move higher, led by banks
– canadianbusiness.com
NEW YORK, N.Y. – The latest on developments in global financial markets (all times local):
11:45 a.m.
Financial stocks are leading Wall Street higher after several major banks reported solid profits.
Citigroup rose half a per cent Friday after its results beat analysts’ forecasts.
Technology stocks rose following come encouraging news on the economy out of the U.S. and China Friday. Intel rose 1.3 per cent and Microsoft rose 0.7 per cent.
High-dividend stocks like utilities lagged the market as higher bond yields gave investors other options for getting income.
The Dow Jones industrial average rose 77 points, or 0.4 per cent, to 18,176.
The Standard & Poor’s 500 index gained 4 points, or 0.2 per cent, to 2,137. The Nasdaq composite climbed 10 points, or 0.2 per cent, to 5,223.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.76 per cent.
___
9:35 a.m.
Financial stocks are leading an early rise on Wall Street after several major banks reported solid profits…
11:45 a.m.
Financial stocks are leading Wall Street higher after several major banks reported solid profits.
Citigroup rose half a per cent Friday after its results beat analysts’ forecasts.
Technology stocks rose following come encouraging news on the economy out of the U.S. and China Friday. Intel rose 1.3 per cent and Microsoft rose 0.7 per cent.
High-dividend stocks like utilities lagged the market as higher bond yields gave investors other options for getting income.
The Dow Jones industrial average rose 77 points, or 0.4 per cent, to 18,176.
The Standard & Poor’s 500 index gained 4 points, or 0.2 per cent, to 2,137. The Nasdaq composite climbed 10 points, or 0.2 per cent, to 5,223.
Bond prices fell. The yield on the 10-year Treasury note rose to 1.76 per cent.
___
9:35 a.m.
Financial stocks are leading an early rise on Wall Street after several major banks reported solid profits…
Before the Bell: Stocks set to rise as U.S. banks beat Street
– theglobeandmail.com
A look at overnight markets and what's ahead this trading day in North America
