Canada’s main stock index advanced on Tuesday, driven by gains in technology and consumer stocks. Strong earnings from companies like Celestica (NYSE/TSX:CLS) and TFI International (NYSE/TSX:TFII) helped lift sentiment after both exceeded adjusted second-quarter expectations. Market participants are now looking ahead to earnings reports from several mining and energy firms, including First Quantum (TSX:FM) and Cardinal Energy (TSX:CJ), due after the bell.
Meanwhile, US stock markets were split as investors digested the latest corporate earnings results. Chipmakers remained a weak spot, with semiconductor stocks extending their recent downturn.
| TSX | 35,749.70 | +181.56 |  |
| TSXV | 867.06 | -20.67 |  |
| CSE | 151.31 | -2.95 | |
| DJIA | 52,747.32 | +537.24 | |
| NASDAQ | 24,876.91 | -55.17 | |
| S&P 500 | 7,428.78 | +15.60 | |
The Canadian dollar traded for 70.86 cents US compared to 70.81 cents US on Monday.
US crude futures traded US$3.44 lower at US$79.17 a barrel, and the Brent contract lost US$4.45 to US$83.91 a barrel.
The price of gold was down US$51.71 to US$4,023.47.
In world markets, the Nikkei was down 2,566.27 points to ¥62,364.92, the Hang Seng was up 103.67 points to HK$25,310.85, the FTSE was up 89.27 points to ₤10,871.02, and the DAX was up 102.98 points to €25,464.01.