Canada’s main stock index hit another record high on Thursday as traders looked ahead to key US inflation data that could shape the Federal Reserve’s next moves on interest rates. The industrials and financial markets led gains for the TSX, while energy, healthcare, and utilities led losses.
The main US markets hit record highs of their own. The US Bureau of Labor Statistics reported that the consumer price index increased 0.2 per cent on a seasonally adjusted basis in July, after rising 0.3 per cent in June.
Japan’s Nikkei 225 also hit another record for second time this week after its Prime Minister announced his intention to resign, following the defeat of his Liberal Democratic Party, in the Upper House in July and as the trade deal with the United States is implemented, where tariffs on Japanese cars exported to the United States would be lowered.
| TSX | 29,407.89 | +228.50 |  |
| TSXV | 875.77 | +8.24 | |
| CSE | 154.40 | -2.83 |  |
| DJIA | 46,108.00 | +617.08 | |
| NASDAQ | 22,043.07 | +157.01 | |
| S&P 500 | 6,587.47 | +55.43 | |
The Canadian dollar traded for 72.29 cents US compared to 72.14 cents US on Wednesday.
US crude futures traded US$1.39 lower at US$62.28 a barrel, and the Brent contract fell US$1.22 to US$66.27 a barrel.
The price of gold was down US$9.04 to US$3,633.74.
In world markets, the Nikkei was up 534.83 points to ¥44,372.50, the Hang Seng was down 113.94 points to HK$26,086.32, the FTSE was up 72.19 points to ₤9,297.58, and the DAX was up 70.70 points to €23,703.65.
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