Domestic equity markets fell on Thursday, led by losses in mining and technology shares. The pullback came as oil prices extended their rally and moved higher on ongoing geopolitical concerns, with investors turning their attention to earnings from US big tech.
In the US, the S&P 500 retreated on Thursday, pressured by Microsoft (NASDAQ:MSFT) who fell 10 per cent after the megacap tech company’s earnings results and the Federal Reserve’s latest interest‑rate announcement prompted a cautious reaction from traders.
| TSX | 33,016.13 | -159.94 | |
| TSXV | 1,108.29 | -39.81 | |
| CSE | 173.82 | −4.49 | |
| DJIA | 49,071.56 | +55.96 | |
| NASDAQ | 23,685.12 | -172.33 | |
| S&P 500 | 6,969.01 | -9.02 | |
The Canadian dollar traded for 74.08 cents US compared to 73.77 cents US on Wednesday.
US crude futures traded US$2.09 higher at US$65.30 a barrel, and the Brent contract rose US$2.26 to US$70.66 a barrel.
The price of gold was up US$106.90 to US$5,412.15.
In world markets, the Nikkei was up 16.89 points to ¥53,375.60, the Hang Seng was up 141.18 points to HK$27,968.09, the FTSE was up 26.36 points to ₤10,180.79, and the DAX was down 513.33 points to €24,309.46.
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