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Medicine Hat News in Medicine Hat, Alberta

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Newspaper

Medicine Hat News

Location

Medicine Hat, Alberta, Canada

Date

Jun 10, 2004

Page

4

Markets Slip as Greenspan Signals Inflation Fight Heats Up

Toronto shares close lower as Fed chair Greenspan vows action to curb rising inflation. S&P/TSX composite dips 94.88 to 8317.12 with financials and resources dragging. U.S. indices also retreat while the dollar weakens slightly. May reflect looming rate hikes by end of June and investor caution amid global economic jitters.

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