Tuesday’s action saw the S&P 500 fall 0.9% while Toronto rose 0.2%.
Some companies in Canada have been active raising new equity money int he past two days. TD Direct was selling e new equity issues in Algonquian Power and Utilites today. And yesterday they were selling Keyera Corp. First Capital Reality, Exchange Income Corporation , Brookfield Renewable Partners L.P., Richmont Mines and Spin Master Corp. There were new issues last week as well. Checking the TD Direct New Issues page, all of these have closed. This indicates that there is a strong appetite for putting new money into the hands of corporations and generally a strong appetite for equity investments.