Janet Yellen

Janet Yellen: The Toronto stock market closed modestly higher Thursday as positive U.S. eco-nomic data helped balance interest rate concerns, according to The Chronicle Herald. The Canadian dollar closed up 0.02 of a cent at 88.95 cents US. The currency tumbled almost nine-tenths of a cent Wednesday following an indication from U.S. Federal Reserve chairwoman Janet Yellen that American interest rates could be headed higher earlier than thought and The SaP/TSX composite index gained 27.79 points to 14,361.83. (www.immigrantscanada.com). As reported in the news.