dow jones: On Bay Street, the S&P/TSX composite index was up 111.79 points at 14,795.70, according to The Toronto Star. In New York, the Dow Jones industrial average gained 72.66 points at 18,491.96, the broader S&P 500 composite index advanced 9.12 points to 2,179.98 and the Nasdaq composite increased 22.69 points to 5,249.90. By Aleksandra Sagan The Canadian Press Fri., Sept. 2, 2016 North American stock markets posted gains, with the Toronto Stock Exchange main index rising by more than 100 points, before taking a three-day break for the Labour Day weekend. Kash Pashootan, a portfolio manager at Ottawa-based First Avenue Advisory, said the stock markets continue to rise because investors have few options for where to store their cash at a reasonable rate of return. Article Continued Below Despite equities not seeming very attractive due to their cost, low earnings growth and other reasons, investors are still putting their money there, he said. Bonds, fixed-income, a variety of alternatives are not yielding any sort of positive return after fees, taxes and inflation, Pashootan said.
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