Canada’s main stock index closed lower on Thursday led by declines in commodity stocks. For the second session in a row, the energy and health care sectors were the two gainers. Meanwhile, the CSE blasted off leaving other markets behind, as big companies showed buying interest, offering a positive impact on other stocks in the exchange.
US indices were on the lower side of flat as investors weighed the toll taken by higher energy prices, weakening jobless claims, and the U.S. Federal Reserve looking to push further interest rate hikes. Employment data due this week should offer insight into the Fed’s future actions.
Today in the Markets
| TSX | 18,979.01 | -256.08 |  |
| TSXV | 621.88 | -0.74 | |
| CSE | 289.22 | +49.13 |  |
| DJIA | 30,068.81 | -105.07 | |
| NASDAQ | 12,338.95 | -243.82 | |
| S&P 500 | 3,672.82 | -29.43 | |
The Canadian dollar traded for 72.74 cents US compared to 73.37 cents US on Wednesday.
US crude futures traded 1.42 per cent higher at $89.01 a barrel, while the Brent contract gained 1.68 per cent to $94.94 a barrel.
The price of gold was down US4.77 to US$1,713.81.
In world markets, the Nikkei was up 190.77 points to 27,311.30, the Hang Seng was down 75.82 points to 18,012.15, the FTSE was down 55.35 points to 6,997.27, and the DAX was down 46.40 points to 12,470.78.
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