August 10, 2010 / 7:18 PM / 7 years ago

CANADA STOCKS-TSX turns positive after Fed statement

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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)

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