Breakfast briefing: Wednesday, October 4 (Update)


  • Business
  • Wednesday, 04 Oct 2017

Home Capital benefited from Buffett's initial investment as well as from a C$2 billion credit facility. The deal helped rebuild confidence in the financial strength of the company after depositors withdrew funds from its high-interest savings and Guaranteed Investment Certificate accounts.

MarketWatch: The three major US stock indexes and the Russell 2000 posted record high closes for the second straight day on Tuesday, helped by gains in airlines and as carmakers rose after strong September vehicle sales. The DJIA rose 84.07 points, or 0.37%, to close at 22,641.67, the S&P 500 gained 5.46 points, or 0.22%, to 2,534.58 and the Nasdaq added 15.00 points, or 0.23%, to 6,531.71. - Reuters

 

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