4815] [ID:nN31283560]
Recent data ranging from consumer spending to manufacturinghas suggested the U.S. and other global powerhouse economies,are hitting a soft patch.
"There are more cracks opening up in the economic side,especially in the States. We've seen a clear deterioration inthe numbers in the last few weeks," said Andrew Pyle
uggs outlet online , anassociate portfolio manager at ScotiaMcLeod.
"Clearly, if the U.S. employment numbers are not good, thenthat's just going to be one more element of concern in themarket."
Markets are already gearing up for a soft read on the U.S.labor market
uggs outlet online , confirming the economy's loss of momentum as itgrapples with a raft of headwinds ranging from high energyprices and bad weather to supply chain disruptions due to theearthquake in Japan. [ID:nN31283560]
In individual company news, Laurentian Bank (LB.TO) fell3.56 percent to C$49.81 after it reported stronger results butmissed expectations. [ID:nN02247242]
Progress Energy (PRQ.TO) jumped 4.43 percent to C$14.60after it said it will sell half its working interest in a NorthMontney joint venture to Malaysia's state oil firm Petronas forC$1.07 billion to develop its large shale assets in BritishColumbia. [ID:nL3E7H21VB]
($1=$0.98 Canadian) (Reporting by Ka Yan Ng; editing by Rob Wilson)
* TSX rises 45.24 points to 13
designer ankle boots on sale investors told Reuters.,234.18
* Nine of 10 sectors stronger, led by energy
* Golds drag on broader materials sector (Updates with details, commentary)
By Claire Sibonney
TORONTO
uggs outlet online , June 30 - Toronto's main stock indexpushed higher for the fourth straight session on Thursday afterthe Greek parliament passed a second austerity bill designed toprevent a default and U.S. economic data beat expectations.
Powerhouse energy issues led the gains, advancing 0.9percent as U.S. crude oil prices held above $95 a barrel.
Canadian Natural Resources (CNQ.TO) was the mostinfluential gainer on the index, climbing 1.4 percent toC$40.55
uggs outlet online , while Cenovus Energy (CVE.TO) jumped 1.6 percent toC$36.03.
Much