Toronto Stock Market: Federal Reserve

Federal Reserve: The S P/TSX composite index slipped 1.63 points to 13,745.89, with the market weighed down by gold and energy stocks, according to CTV. U.S. indexes were generally tepid as investors continued to digest Friday's American government employment report, which showed that only 74,000 jobs were created during December. That missed estimates for at least 200,000 jobs and raised speculation about how quickly the Federal Reserve may move to end its key stimulus program, its massive monthly bond purchases and TORONTO -- The Toronto stock market is little changed amid major acquisition activity and a revenue and profit warning from athletic wear retailer Lululemon Athletica. The Canadian dollar was higher after five straight losing sessions, up 0.24 of a cent to 91.97 cents US as the Bank of Canada said its winter business outlook survey shows some positive signs for exports and investment. However, the central bank says the business survey doesn't appear to suggest a significant strengthening for the economy. (www.immigrantscanada.com). As reported in the news.