Markets update at midmorning

On the markets at midmorning (ET):

The Toronto Stock Exchange’s S&P/TSX composite index was down 45.99 points to 16,087.81, after 90 minutes of trading.

In New York, the Dow Jones industrial average was down 251.39 points to 24,635.42. 83 more words

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Canadians confused about GM foods, support mandatory labelling: study

HALIFAX — The vast majority of Canadians believe genetically modified foods should have to be labelled at the grocery store, according to a new study, which a researcher says shows most consumers are confused about the science behind their dinner plates. 770 more words

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ICE Futures Canada Thursday morning: Canola prices higher

WINNIPEG — Prices were higher in mid-morning trading at ICE Futures Canada on Thursday:

Canola: July ’18 $4.00 higher $539.20; Nov. ’18 $3.00 higher $525.70; Jan. 17 more words

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Car2Go to end Toronto operations in May over city parking regulations

TORONTO — Car2Go is suspending its Toronto operations at the end of the month because of forthcoming parking regulations.

The car-sharing company’s president Paul DeLong says it will be impossible to operate in Toronto come June, when a city-run pilot program will forbid the use of almost 10,000 parking spaces where users usually pick up or leave Car2Go vehicles. 86 more words

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Of Mutual Interest: Can small caps keep living large?

NEW YORK — The smallest companies have packed twice the punch of their bigger brethren in the last few months, but it might not last. 648 more words

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US average mortgage rates at 7-year highs; 30-year 4.66 pct.

WASHINGTON — Long-term U.S. mortgage rates rose this week, continuing at their highest levels in seven years amid the peak home buying season.

Mortgage buyer Freddie Mac said Thursday the average rate on 30-year, fixed-rate mortgages was 4.66 per cent, up from 4.61 per cent last week. 118 more words

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Aecon shares plunge nearly 15 per cent after Ottawa blocks sale to Chinese firm

MONTREAL — Aecon Group Inc. shares plummeted nearly 15 per cent Thursday morning to a nine-month low in the first trading after the federal government blocked the proposed $1.5-billion takeover of the construction firm by a Chinese state-owned company for reasons of national security. 559 more words

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