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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.

Composite Index and the University of Michigan

The University of Michigan: The SaP/TSX composite index slipped 17.48 points to 14,227.66, led by losses in the financials sector, according to CTV. New York indexes were also lower as the latest reading on consumer sentiment also weighed on stock prices. The University of Michigan's widely watched index declined to 79.9 from 81.6 in February and was lower than the 82.5 reading that had been forecast and - The Toronto stock market closed lower Friday with traders going into the weekend cautious about China's economic performance and the crisis over Ukraine. The Canadian dollar was down 0.34 of a cent to 90.13 cents US. (www.immigrantscanada.com). As reported in the news.