Saturday, July 28, 2012

TSX rises on U.S. data, stimulus hopes

TORONTO (Reuters) - Toronto's main stock index rose on Friday, led by financial and energy shares, as risk sentiment was boosted by U.S. GDP data that met expectations and hopes that major central banks will move to help the struggling global economy.

The Toronto Stock Exchange's S&P/TSX composite index <.gsptse> was up 40.29 points, or 0.3 percent, at 11,680.04 shortly after the open.

(Reporting by Jon Cook, editing by Dave Zimmerman)

Source: http://news.yahoo.com/tsx-rises-u-data-stimulus-hopes-134704523--finance.html

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