A major drop in tech and industrial shares caused Canada’s main stock index to lose ground on Tuesday, following a surge in gold mining stocks that pushed the TSX to a new record high the previous day.
Meanwhile, US markets also sunk as investors weighed the risks associated with record-high valuations, cutting the S&P 500 record high run short. Japanese markets were closed for the Autumn Equinox.
| TSX | 29,815.63 | -143.35 | |
| TSXV | 912.85 | -9.48 | |
| CSE | 165.86 | +2.86 | |
| DJIA | 46,292.78 | -88.76 | |
| NASDAQ | 22,573.47 | -215.50 | |
| S&P 500 | 6,656.92 | -36.83 | |
The Canadian dollar traded for 72.21 cents US compared to 72.30 cents US on Monday.
US crude futures traded US$1.24 higher at US$63.52 a barrel, and the Brent contract rose US$1.15 to US$67.72 a barrel.
The price of gold was up US$45.65 to US$3,785.95.
In world markets, the Nikkei remained at ¥45,493.66, the Hang Seng was down 185.02 points to HK$26,159.12, the FTSE was down 3.36 points to ₤9,223.32, and the DAX was up 84.28 points to €23,611.33.
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