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TSX ahead as Syria fears ease, banks turn in strong earns, telcos breathe easier

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(Globalpost/GlobalPost)

TORONTO - The Toronto stock market registered a solid gain amid strong bank earnings and an easing of concerns over military intervention in Syria.

The S

CIBC (TSX:CM), TD Bank (TSX:TD) and Royal Bank (TSx:RY) all beat earnings expectations, with TD and Royal upping their dividends.

U.S. indexes largely registered minor gains amid appeals to wait on taking action on Syria until UN inspectors reveal their findings on the apparent chemical attack that has been blamed on Syria's government.

The Dow Jones industrial average rose 16.44 points to 14,840.95. The Nasdaq was 26.95 points higher at 3,620.3 while the S

Oil fell $1.30 to US$108.80 a barrel after supply disruption worries boosted prices over the last two days.

http://www.globalpost.com/dispatch/news/the-canadian-press/130829/toronto-stock-market-set-rise-syria-fears-ease-banks-turn-st