Tuesday, June 19, 2007

Canada Stocks Slip From Record on Rate Outlook; Bank of Nova Scotia Falls

(Bloomberg) -- Canadian stocks fell from a record, led
by such financial companies as Bank of Nova Scotia, as a May
inflation report heightened concern that borrowing costs will
increase.

Teck Cominco Ltd. and other raw materials producers fell as
copper prices slipped and a drop in U.S. housing starts stoked
concern that growth in North America may be flagging.


Read more at Bloomberg Stocks News

No comments: