Toronto stock market september 21 2011

Toronto stock market september 21 2011 ; The Toronto stock market was little changed Wednesday amid high hopes that the U.S. Federal Reserve will unveil new measures to keep the economy from slipping back into recession.

The S&P/TSX composite index was 9.24 points higher to 12,219.12 while the TSX Venture Exchange inched up 0.33 of a point to 1,728.2.

The Canadian dollar was down 0.53 to 100.11 cents US, after briefly going as low as 99.99 cents US, as risk aversion sent investors to the safe haven status of U.S. Treasurys. Also, Statistics Canada reported that inflation in Canada rose above the Bank of Canada’s comfort level last month. Higher prices for gasoline and food pushed the rate up four notches to 3.1 per cent. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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