June 7, 2009 – News Today

TSX posts third straight weekly advance

Canadian stock markets finished the week in positive territory, despite 41,800 job losses in May that pushed the nation?s unemployment rate to its highest level in 11 years. Strength in energy, banking and technology offset lower prices for gold stocks, as a rising U.S. dollar pressured bullion down from recent highs and pushed the Canadian dollar below 90 cents for the first time in June.