Canada Stocks Gain Amid ECB Plans as Energy Shares Jump With OilEric Lam
Global equities climb as Draghi expands stimulus steps
Canadian exports gain in July as trade deficit narrowed
Canada stocks climbed, joining gains in equities around the world after the European Central Bank revamped its quantitative-easing program and pledged to use all tools to bolster growth.
Canadian shares advanced 0.4 percent at 4 p.m. in Toronto, paring an earlier advance of as much as 1.2 percent as anxiety about the U.S. government’s jobs report offset stimulus optimism. Energy and financial-services stocks led gains. The Standard & Poor’s/TSX Composite Index has recovered 0.9 percent in two days, after a 2.7 percent rout on Tuesday.
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