Stocks in Canada’s largest market gained ground to begin the week’s last session, as health-care and industrial concerns flourished with markets' attention turned to U.S. Fed Chair Jerome Powell's speech at the Jackson Hole gathering, in hopes for more .
Toronto's main stock index skidded into negative territory by lunch hour Friday as gold and materials floundered, while U.S. Federal Reserve Chair Jerome Powell kept the doors open for more interest rate hikes on still-high inflation.
The TSX slid .
Futures for Canada's resource-heavy stock index rose on Friday as crude prices gained with attention turned to U.S. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole gathering, in hopes for more clues on interest rates path.
The TSX .
TORONTO (Reuters) -TD Bank Group on Thursday said it expects fines and "non-monetary" penalties related to investigations by U.S. authorities over its anti-money laundering compliance program. TD, Canada's No. 2 lender, made the disclosure as part of its quarterly earnings, in which it said it has been cooperating with U.S. authorities, including in connection with an investigation by the U.S. Department of Justice. "The bank is cooperating with such authorities and is pursuing efforts to enhance its Bank Secrecy Act/anti-money laundering compliance program," TD said in the filing.
Futures for Canada's resource-heavy stock index rose on Friday as crude prices gained with attention turned to U.S. Federal Reserve Chair Jerome Powell's speech at the Jackson Hole gathering, in hopes for more clues on interest rates path.
The TSX .