TSX little changed amid heavy slate of corporate earnings, economic data
Posted May 1, 2014 6:27 am.
This article is more than 5 years old.
TORONTO – The Toronto stock market closed slightly higher amid a mixed showing for corporate earnings reports and U.S. economic data.
The S&P/TSX composite index gained 12.2 points to 14,664.07. The Canadian dollar was down 0.01 of a cent at 91.23 cents US.
U.S. indexes were mainly weak as data showed that the number of Americans applying for unemployment benefits rose last week to the highest level since February. That was unwelcome news a day before the U.S. government releases its non-farm payrolls report for April.
Other data showed that U.S. manufacturing grew at a faster pace in April than in March as exports picked up and factories accelerated hiring.
The Dow Jones industrials was down 21.97 points at 16,558.87, the Nasdaq gained 12.89 points to 4,127.45 and the S&P 500 index slipped 0.27 of a point to 1,883.68.
