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TSX's six-day rally ends despite railway gains

Started by riky, October 24, 2013, 09:00:22 AM

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riky

TSX's six-day rally ends despite railway gains

<p><a href="http://news.yahoo.com/tsx-may-open-lower-china-monetary-policy-fears-123656740--sector.html"><img src="http://l3.yimg.com/bt/api/res/1.2/TE5y4v51NgUUE1SBBof6jg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2013-10-21T210504Z_2_CBRE99K15LW00_RTROPTP_2_CBUSINESS-US-MARKETS-CANADA-STOCKS.JPG" width="130" height="86" alt="People walk past an electronic board displaying the midday TSX index in Toronto" align="left" title="People walk past an electronic board displaying the midday TSX index in Toronto" border="0" /></a>By Alastair Sharp TORONTO (Reuters) - Canada's main stock index slipped on Wednesday, ending a six-session rally, as strong results from the country's two big railways failed to offset heavy losses in banking, energy and mining stocks. &quot;It's a bipolar market today. It's difficult for the index to get any traction when the three biggest groups are down,&quot; said Elvis Picardo, portfolio manager at Global Securities in Vancouver. The financial, energy and materials groups combined account for more than 70 percent of the Toronto Stock Exchange's S&amp;P/TSX composite index , which ended down 4. ...</p><br clear="all"/>

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