Canada’s main stock index came within fingertips of a new all-time high on Tuesday, with traders hesitant to take the extra reach before key US economic reports arrive later in the week. Industrials was the top gainer while mining saw the most losses.
Meanwhile, US markets stalled after the Dow Jones Industrial Average set another new record. Coca-Cola (NYSE:KO) stock fell following its release quarterly results that were somewhat mixed, but signs of recovering demand in North and Latin America offered some encouragement. A slowdown in retail sales kicked off a wave of important economic data, leading up to Wednesday’s monthly jobs report.
| TSX | 33,256.83 | +233.51 | |
| TSXV | 1,032.20 | -5.31 | |
| CSE | 165.93 | -1.87 | |
| DJIA | 50,188.14 | +52.27 | |
| NASDAQ | 23,102.47 | -136.20 | |
| S&P 500 | 6,941.81 | -23.01 | |
The Canadian dollar traded for 73.79 cents US compared to 73.76 cents US on Monday.
US crude futures traded $0.07 lower at US$64.29 a barrel, but the Brent contract rose $0.07 to US$69.11 a barrel.
The price of gold was down US$26.69 to US$5,028.67.
In world markets, the Nikkei was up 1,286.60 points to ¥57,650.54, the Hang Seng was up 155.99 points to HK$27,183.15, the FTSE was down 32.39 points to ₤10,353.84, and the DAX was down 27.02 points to €24,987.85.
Stockhouse does not provide investment advice or recommendations. All investment decisions should be made based on your own research and consultation with a registered investment professional. The issuer is solely responsible for the accuracy of the information contained herein. For full disclaimer information, please click here.
