Canada’s main stock index slid lower on Wednesday as rising bond yields offset any optimistic investor sentiment. Industrials led the decliners, followed by the financials sector, to snap the TSX’s five-day winning streak while only energy, utilities and mining providing any gains.
Major U.S. indices were split, but mostly flat as interest rate fears outweighed a strong lineup of corporate earnings that elevated equities recently. The S&P 500 barely moved as investors assessed the latest financial releases where most have exceeded Wall Street expectations.
| TSX | 21,873.72 | -138.00 |  |
| TSXV | 574.65 | -1.14 | |
| CSE | 183.93 | +1.33 |  |
| DJIA | 38,460.92 | -42.77 | |
| NASDAQ | 15,712.75 | +16.11 | |
| S&P 500 | 5,071.63 | +1.08 | |
The Canadian dollar traded for 72.96 cents compared with 73.20 cents U.S. on Tuesday.
U.S. crude futures traded $0.12 lower at $83.02 a barrel, and the Brent contract dropped $0.22 to $87.07 a barrel.
The price of gold was down US$7.10 to US$2,316.61.
In world markets, the Nikkei was up 907.92 points to 38,460.08, the Hang Seng was up 372.34 points to 17,201.27, the FTSE was down 4.43 points to 8,040.38, and the DAX was down 48.95 points to 18,088.70.
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