Friday, February 13, 2009

Financial Update for Feb. 13, 2009

· TSX +40.89(Reuters)
· DOW -6.77
· Dollar -.13c to 80.33USD
· Oil -$1.96 to $33.96US per barrel.
· Gold +$4.70 to $948.50 USD per ounce
· Canadian 5 yr bond yields -.04bps to 2.08
http://www.financialpost.com/markets/market_data/money-yields-can_us.html


FP WASHINGTON -- Democratic leaders in the U.S. Senate and House on Thursday wrapped up a last minute tax cut and spending details in the US$789-billion economic stimulus bill, setting votes for Friday by both chambers.

The House is scheduled to vote Friday morning and the Senate plans to follow in the evening.

Both chambers are expected to approve it which would meet a deadline set by President Barack Obama to approve the emergency spending and tax cut package before the end of the upcoming holiday weekend.