Category: Financial

TORONTO — The Toronto stock market advanced Monday amid a further lessening of tensions in the Ukraine/Russian crisis, while traders looked ahead to a heavy slate of economic events.

The S&P/TSX composite index was ahead 33.94 points to 15,338.18. The Canadian dollar was unchanged from Friday’s close at 91.84 cents US.

New York’s Dow industrials jumped 102.69 points to 16,765.5, the Nasdaq gained 24.84 points to 4,489.76 and the S&P 500 index rose 10.23 points to 1,965.29.

Sentiment was positive after the Russian and Ukrainian foreign ministers held talks in Berlin over the weekend. The discussions were aimed at ratcheting down tensions in eastern Ukraine, where pro-Russian militias have been battling Ukrainian forces.

[ Read The Whole Article ]