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Wall Street and Main Street businesses both turned upbeat on prospects of lower taxes and less expensive non-productive regulation.This week’s rebound was certainly not based on an improving economy or prospects of a favorable business climate.
Canadian stocks fall after enthusiasm wanes for a weekend deal to bail out Spanish banks. Metals and mining index tumbles more than 2%.
Canadian stocks fell Monday after enthusiasm ebbed for a weekend deal to bail out Spanish banks.
Gold futures finish higher Monday, though below $1,600 an ounce after seesawing between losses and gains as traders gauged the impact of a bailout for Spain’s ailing banks on the prospects for the euro and U.S. dollar.