Closing Bell TSX Wall Street get boost from strong corporate earnings

TORONTO — The Toronto stock market closed higher amid positive earnings news and despite rising tensions between Russia and Ukraine.Toronto’s S&P/TSX composite index was ahead 20.86 points at 14,554.25. The Canadian dollar edged up 0.03 of a cent to 90.68 cents US.New York’s Dow industrials was unchanged from Wednesday at 16,501.65 as traders took in positive earnings reports from General Motors and Caterpillar.The Nasdaq gained 21.37 points to 4,148.34 after Facebook and Apple blew past expectations while the S&P 500 index gained 3.22 points to 1,878.61.Here are the closing numbersTSX — 14,554.25     +53.86     +0.37%     S&P 500 —  1,878.61     +3.22     +0.17%     Dow — 16,501.65     0.00     0.00%     Nasdaq — 4,148.34     +21.37     +0.52%Potash Corporation helped lift the TSX. The fertilizer giant’s shares gained 1.75% as the company posted quarterly net income of $340 million, down sharply from $556 million a year ago. But it was a better result than what Potash Corp itself forecast earlier this year.Shares in Apple jumped 8.2% after the company beat on earnings and revenue, upped its dividend and announced a seven-for-one stock split in June.TOP STORIESCIBC chief executive Gerry McCaughey to retire in April 2016 after more than a decade in the jobApple buys itself time as CEO Cook insists on ‘getting it right’ on next big thingCanada’s export explosion: EDC predicts economy on threshold of robust recoveryPotash Corp profit plunges, but CEO Bill Doyle sees signs demand is on the reboundWHAT’S ON DECK FRIDAYCANADAOttawa’s fiscal monitor UNITED STATES9:55 a.m.University of Michigan consumer sentiment index (April): Economists expect reading of 83 CORPORATE NEWSCANADACanadian Utilities ‘a’ Q1 earnings: Analysts expect 75¢ a share Capital Power Corp    Q1 earnings: Analysts expect  38¢ a share UNITED STATESColgate-Palmolive Q1 earnings: Analysts expect 68¢ a share Ford Motor Company Q1 earnings: Analysts expect 31¢ a share Tyco International Q1 earnings: Analysts expect 41¢ a share Weyerhaeuser Co.  Q1 earnings: Analysts expect 24¢ a share

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