Daily Update

It's not something that's fundamentally changed, it's just the sentiment, as we've seen, really bounces around from day to day in this environment, and today has been one of the days where it's been positive all around," Elvis Picardo, investment strategist at Northern Securities Inc said.

· TSX +90.59(Reuters) The Toronto Stock Exchange's main index drove higher as banking issues were buoyed by signs of greater stability in financial markets.
· Dow +391.47
· Dollar +.46c to $ $97.88US
· Oil -.60c to close at $100.98 US per barrel
· Gold tumbled further -$33.30 to $882.90
Bond Rates: http://www.bankofcanada.ca/en/rates/bonds.html


U.S. auto sales dropped in March as consumers held back
By Dee-Ann Durbin, The Associated Press
DETROIT - Automakers began 2008 expecting the worst year for U.S. auto sales in a decade. So far, they're getting what they anticipated.
Sales dropped by double digits in March, even for usual stalwarts like Toyota. And with fragile consumer confidence, falling home values, tightening credit and high energy prices, it may be some time before auto sales recover.