Canada’s benchmark stock index rose on Tuesday, tracking strength in gold miners and energy stocks. Declines in the health care sector capped gains on the TSX, as cannabis company Hexo sunk after a buyout deal from Tilray Brands.
Sponsored by
US markets are heading toward another earnings season, with several major banks set to release their reports for the first time since last month’s bank crises in March. Traders are keeping an eye out for the March readings of the consumer price index, and the producer price index later this week. These are two inflation metrics that could shed some light on how the Federal Reserve could advance its rate-hike campaign.
Today in the Markets
| TSX | 20,421.85 | +146.03 |  |
| TSXV | 633.96 | +7.38 | |
| CSE | 161.69 | -0.58 |  |
| DJIA | 33,684.79 | +98.27 | |
| NASDAQ | 12,031.88 | -52.48 | |
| S&P 500 | 4,108.20 | -0.91 | |
The Canadian dollar traded for 74.26 cents US, compared to 74.00 cents US on Monday.
US crude futures traded $1.64 higher at $81.38 a barrel, and the Brent contract gained $1.31 to $85.49 a barrel.
The price of gold was up US$14.67 to US$2,006.15.
In world markets, the Nikkei was up 289.71 points to 27,923.37, the Hang Seng was up 154.04 at 20,485.24, the FTSE was up 44.16 points to 7,785.72, and the DAX was up 57.28 points to 15,655.17.
Get @ the Bell delivered to your email inbox every day!
DISCLAIMER: By viewing any material on or distributed by The Market Herald Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.
Any holdings, theories, speculation or trades appearing anywhere on The Market Herald network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. The Market Herald and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by The Market Herald and other Information Providers on an “as is” basis, and The Market Herald and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall The Market Herald and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.
