European Central Bank

European Central Bank: The S P/TSX composite index was up 18.7 points to 13,380.41, with added strength from the mining components, according to The Star. U.S. indexes were mainly higher as the Dow Jones industrials ran up 128.66 points to an all-time high of 15,746.88. The Nasdaq fell 7.92 points to 3,931.95 while the S P 500 index gained 7.52 points to 1,770.49 and The Toronto stock market closed slightly higher Wednesday amid positive earnings news and hopes that the European Central Bank will cut interest rates to help a weak economy recover. The Canadian dollar was up 0.37 of a cent to 95.99 cents U.S. amid strong housing data. Contractors took out $6.5 billion worth of building permits in September, up 1.7 per cent from August and much higher than the 0.7 per cent rise that had been expected. (www.immigrantscanada.com). As reported in the news.