By the numbers, morning report
Sep 12, 2012 / 6:47 am
The Toronto stock market was higher after Germany's high court rejected calls to block the European Union's permanent rescue fund.
The S&P/TSX composite index ran ahead 42.1 points to 12,262.55.
Opponents had challenged Germany's ratification of the European Stability Mechanism, which is a new, $(E)500-billion bailout fund for the eurozone. Germany's ratification of the bailout mechanism is key, because the fund cannot work without the country's participation.
The Canadian dollar was off 0.11 a cent to 102.64 cents US ahead of an expected announcement Thursday by the U.S. Federal Reserve that it is launching another round of economic stimulus.
New York's Dow Jones industrials climbed 38.25 points to 13,361.61, the Nasdaq was up 12.43 points to 3,116.96 while the S&P 500 index gained 4.26 points to 1,437.82.
Oil slipped a dime to US$97.07 a barrel .
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|QHR Technologies Inc||0.56||-0.01|
|Anavex Life Sciences||0.475||-0.025|
|Copper Mountain Mining||1.73||-0.02|
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