S&P/TSX composite rises on basic materials stocks, U.S. markets move lower

He said that Warsh has been openly opposed to interventionism by the U.S. Federal Reserve and advocates that the U.S. central bank focus on the “real economy.”“With the refocus on the real economy, I think the market’s taking that as a Fed that’s going to be less supportive of asset prices in general,” Goulding said.The S&P/TSX composite index was up 204.72 points at 32,388.60.In New York, the Dow Jones industrial average was down 166.67 points at 49,240.99. The S&P 500 index was down 58.63 points at 6,917. ...