TSX tote board

WASHINGTON - A slowly dissolving medical implant for treating clogged arteries has won approval from the Food and Drug Administration.
The agency approved the Absorb stent Tuesday for patients with coronary artery disease, which causes the buildup of fatty plaque in the arteries and causes about 370,000 U.S. deaths each year. The new stent is designed to dissolve over three years.
Older stents are permanent, mesh-wire tubes that hold open arteries after a procedure to clear plaque.
Each year, those are implanted in about 850,000 U.S. patients who have suffered a heart attack or experienced chest pain. Their safety has been questioned after some studies suggested stented arteries faced a higher risk of blood clots.
However, the new stent hasn't been shown yet to reduce risk of clots and heart complications.

TORONTO - Stock markets in North America and the Canadian dollar have taken a step down this morning.
The Toronto Stock Exchange's S&P/TSX composite index was down 88.8 points to 14,170.07 after two hours of trading.
In New York, the Dow Jones industrial average was down 116.87 points at 17,832.50, the broader S&P 500 composite index declined 17.38 points to 2,085.57 and the Nasdaq composite dropped 50.59 points to 4,811.97.
The TSX decline follows a 194.33-point gain on Monday while U.S. stock markets were closed for the Independence Day holiday.
The Canadian dollar was at 77.19 cents US, down 0.59 of a cent from Monday's close as oil and gas prices fell.
The August crude contract was down US$2.23 at US$48.76 per barrel and August natural gas was down nearly 21 cents at US$2.78 per mmBTU.
August gold rose US$7.70 to US$1,344.40 an ounce and September copper contracts fell 5.4 cents to US$2.16 a pound.

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4 minutes ago[/size][/color] [/color][color=rgb(41, 47, 51)][/size]Gold slips from two-year high as U.S. jobs picture muddles Fed outlook [/color][color=rgb(41, 47, 51)]

NEW YORK, N.Y. - Stocks are rising Friday morning following a U.S. jobs report that was much stronger than investors expected. That was a relief for the market after a weak report in May made some investors worry the U.S. economy is slowing down.
KEEPING SCORE: The Dow Jones industrial average surged 169 points, or 1 per cent, to 18,065 as of 10:10 a.m. Eastern time. The Standard & Poor's 500 index rose 21 points, or 1 per cent, to 2,119. The Nasdaq composite advanced 52 points, or 1.1 per cent, to 4,928.

Canada Post, union remain divided as offer of bargaining truce stalls