CANADA STOCKS-TSX turns positive after Fed statement

Tue Aug 10, 2010 3:13pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO Aug 10 (Reuters) - Toronto's main stock index turned positive on Tuesday afternoon after the Federal Reserve said it would begin funneling proceeds from its maturing mortgage bonds into longer-term government debt in an effort to support a stalling U.S. economic recovery.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE rose 3.63 points to 11,867.19. (Reporting by Jennifer Kwan; editing by Rob Wilson)