Before the bell

TD's

TOP NEWS


• Al Arabiya reports Mubarak, family leaves Cairo

• Nokia, Microsoft join forces in smartphone war

• W. House to unveil proposals for mortgage reform

• GM, Chrysler set to dole out bonuses-report

• Katanga Q4 profit more than doubles

• Enbridge reopens Line 6B after maintenance work

BEFORE THE BELL

Toronto’s resource-heavy index could open lower on Friday on concerns about

the political turmoil in the Middle East following Egyptian President Hosni

Mubarak's refusal to step down after more than two weeks of civil protests.

Energy sector companies are most likely to be volatile if violence erupts, and a

spike in oil prices could also hurt consumer sector stocks. Wall Street is also

set for a weaker open. Tech stocks could be in focus after Nokia teamed up

with Microsoft to use Windows Phone as main software platform. European

shares were lower, extending losses for a fourth session, with technology

stocks featuring among the worst performers. Asian stocks fell more than a

percent and were on course for their biggest weekly loss in nine months as

investors shunned risk on concerns about the pace of policy tightening in the

region. Brent oil prices rose above $101 a barrel, while the Brent/WTI spread

narrowed from record high. Gold prices eased, pressured by gains in the dollar

and lackluster investment demand for the metal after a raft of well-received

economic data boosted interest in other assets.
GLTA Lostoutwest


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