Financial Update: Friday August 12, 2011
- TSX +340.91 to 12,539.80 (CP)
- Gained for a third day as bargain-hunters were out in full force to buy up stocks beaten down over several weeks of market chaos.
- DOW +423.37 to 11,143.31
- New York benefited the most from the search for under priced stocks, racking up gains of more than four per cent even as worries continued about the European debt crisis and a weakening American economy.
- Dollar +$.66 to 101.18 USD
- Amid higher oil prices and strong gains on North American equity markets.
- Oil +$2.83 to $85.72USD per barrel
- Gold -$32.80 to $1751.50USD per ounce
