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Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Toronto Stock Market

Toronto stock market: TORONTO - The Toronto stock market and the loonie were sharply higher Thursday after U.S. Federal Reserve chairman Ben Bernanke offered reassurances that a key stimulus measure that has helped global markets rebound this year isn't going away any time soon. , according to Winnipeg Free Press. Bernanke said in a speech after markets closed Wednesday that the U.S. economy still needs help from the central banks low interest rate policies because unemployment remains high and inflation is below the Feds target. A taxi across Bay Street in Toronto's financial district in Toronto on June 14, 2012. THE CANADIAN PRESS/Nathan Denette The S P/TSX composite index ran up 186.33 points to 12,493.26, pushing the TSX back into positive territory for the year, albeit only by 60 points or 0.5 per cent. (www.immigrantscanada.com). As reported in the news.