Good times!
Stock markets head for higher open as U.S. economy grows in Q3; oil, C$ up
Thu Oct 29, 9:01 AM
Malcolm Morrison, The Canadian Press
By Malcolm Morrison, The Canadian Press
TORONTO - North American stock markets appeared headed for a higher open after data showed that third quarter U.S. gross domestic product rose at a 3.5 per cent annualized pace.
It was the best showing in the U.S. economy in two years and was fuelled by government-supported spending on cars and homes and signalled that the worst recession since the 1930s has ended.
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The December bullion contract on the Nymex was ahead $4.40 to US$1,034.90 an ounce while copper was up one cent at US$2.94 a pound.