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Bank of Japan tankan survey upbeat over economic recovery
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Bank of Japan tankan survey upbeat over economic recovery
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Bank of Japan survey more optimism over economic recovery
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Bank of Japan survey more optimism over economic recovery
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The Globe and Mail Published March 11, 2021 Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account
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The TSX, S&P 500 and the Dow all hit all-time highs on Thursday as worries about rising inflation subsided, while a bigger-than-expected fall in weekly U.S. jobless claims and the signing of a massive stimulus bill reinforced expectations of a strong recovery.
The S&P/TSX Composite Index closed up 154.57 points, or 0.83%, at 18,844.57. Energy stocks gained 0.94% as oil prices rose more than 2% on a weaker U.S. dollar and expectations that a crude glut would be short-lived due to a steep fall in U.S. fuel stocks and a resumption of operations by Texas refiners.