Canada’s main stock index declined on Tuesday, reflecting similar trends on Wall Street, as investors concentrated on U.S. corporate earnings and the incoming monetary policy decision from the Bank of Canada. The financial and utilities sectors sustained the most significant losses, heavily impacting the TSX, with the industrial sector also contributing to the decline. Mining, energy and healthcare managed to stem some losses.
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U.S. markets had a mixed session, reflecting worry over rising interest rates managing to overshadow a promising beginning to the earnings reporting season.
| TSX | 24,716.70 | -6.63 |  |
| TSXV | 627.31 | +4.30 |  |
| CSE | 177.17 | +8.13 | |
| DJIA | 42,924.89 | -6.71 | |
| NASDAQ | 18,573.13 | +33.12 | |
| S&P 500 | 5,858.88 | +4.90 | |
The Canadian dollar traded for 72.35 cents U.S. compared with 72.28 cents U.S. on Monday.
U.S. crude futures traded $1.68 higher at $72.24 a barrel, and the Brent contract rose $1.48 to $75.77 a barrel.
The price of gold was up US$26.08 to US$2,747.54.
In world markets, the Nikkei was down 542.64 points to 38,411.96, the Hang Seng was up 20.49 points to 20,498.95, the FTSE was down 26.88 points to 8,358.25, and the DAX was down 73.98 points to 19,657.37.
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(Top image generated with AI)
