Stock image generated with AI
(Stock image generated with AI)

Canada’s main stock index reached an all-time high on Thursday, propelled by advances in financial and technology stocks. This surge was fuelled by positive U.S. retail sales data, which highlighted a robust consumer market.


Sponsored by
World Class, High Quality Diamond Project


Meanwhile, U.S. stocks climbed, buoyed by gains in semiconductor companies. Strong economic indicators helped alleviate ongoing concerns about a possible recession.

TSX24,690.48+129.28TSX
TSXV608.90+2.26TSXV
CSE166.73+1.00CSE
DJIA43,239.05+161.35DJIA
NASDAQ18,373.61+6.53NASDAQ
S&P 5005,840.70-1.77S&P 500

The Canadian dollar traded for 72.46 cents U.S. compared with 72.72 cents U.S. on Wednesday.

U.S. crude futures traded $0.38 higher at $70.77 a barrel, and the Brent contract added $0.32 to $74.54 a barrel.

The price of gold was up US$18.11 to US$2,692.20.

In world markets, the Nikkei was down 269.11 points to 38,911.19, the Hang Seng was down 207.75 points to 20,079.10, the FTSE was up 56.06 points to 8,385.13, and the DAX was up 150.58 points to 19,583.39.


The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top image generated with AI)


More From The Market Online
Ace Valley cannabis drinks

Canopy Growth reduces term loan by US$100 million

Cannabis leader Canopy Growth (TSX:WEED) makes an early US$100 million prepayment under its senior secured term loan.
Hands holding hard rock spodumene ore, a commercially important source of lithium.

A comprehensive guide to lithium mines in Canada

Learn about key lithium mines in Canada, their role in clean energy and why Canada is becoming a major player in the global lithium…
WELL Health founder and CEO Hamed Shahbazi, centre.

WELL subsidiary launches support for women’s hormonal imbalance

WELL Health (TSX:WELL) subsidiary Wisp, the United States' largest dedicated women's telehealth provider, launches a weight care vertical.