Advertisement
Canada markets close in 35 minutes

  • S&P/TSX

    21,778.13
    +69.69 (+0.32%)
     

  • S&P 500

    4,963.74
    -47.38 (-0.95%)
     

  • DOW

    37,922.72
    +147.34 (+0.39%)
     

  • CAD/USD

    0.7272
    +0.0009 (+0.12%)
     

  • CRUDE OIL

    83.31
    +0.58 (+0.70%)
     

  • Bitcoin CAD

    88,488.15
    +1,498.56 (+1.72%)
     

  • CMC Crypto 200

    1,380.46
    +67.84 (+5.17%)
     

  • GOLD FUTURES

    2,409.10
    +11.10 (+0.46%)
     

  • RUSSELL 2000

    1,936.62
    -6.34 (-0.33%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • NASDAQ

    15,275.59
    -325.91 (-2.09%)
     

  • VOLATILITY

    19.05
    +1.05 (+5.84%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6825
    +0.0004 (+0.06%)
     
MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON NETFLIX DRAG

Fed's Goolsbee says 'It makes sense to wait' before cutting rates

Argentina seeks debt injunction's lifting after settlement offer

Reuters
Argentina's Finance Secretary Luis Caputo exits after meetings at the office of a court-appointed mediator with U.S. holdout creditors in New York, February 5, 2016. REUTERS/Brendan McDermid (Reuters)

NEW YORK (Reuters) - A U.S. judge on Thursday ordered creditors suing Argentina over defaulted bonds to establish why an order that restricted it from servicing its restructured debts should not be vacated after the country's $6.5 billion offer to settle the dispute. U.S. District Judge Thomas Griesa in Manhattan gave bondholders until Feb. 18 to show cause why the injunction should not be lifted if Argentina repeals two local laws regarding its debts and pays any creditors who settle by Feb. 29. The order came at the request of Argentina on Thursday, according to Griesa's order. (Reporting by Nate Raymond in New York)