Canada’s main stock index saw decent on Tuesday as investor sentiment weakened due to diminishing hopes for a trade agreement between the US and the European Union. Meanwhile, traders are still watching corporate earnings to gauge how President Donald Trump’s tariffs are affecting businesses.
In the US, markets also remained relatively flat following record highs for the S&P 500 and NASDAQ Composite on Monday. Investors are now turning their attention to earnings reports from major tech firms, with Alphabet (NASDAQ:GOOG) (Google’s parent company) and Tesla (NASDAQ:TSLA) set to release results on Wednesday. These reports will mark the beginning of earnings season for the “Magnificent Seven” tech giants, which are expected to drive a substantial portion of overall profit growth.
| TSX | 27,364.43 | +47.43 | |
| TSXV | 806.38 | +3.58 | |
| CSE | 129.35 | -0.59 | |
| DJIA | 44,502.44 | +179.37 | |
| NASDAQ | 20,892.68 | -81.49 | |
| S&P 500 | 6,309.62 | +4.02 | |
The Canadian dollar traded for 73.50 cents US compared to 73.04 cents US on Monday.
US crude futures traded $0.84 lower at US$66.36 a barrel, and the Brent contract lost $0.31 to US$68.90 a barrel.
The price of gold was up US$39.06 to US$3,431.30.
In world markets, the Nikkei was down 44.19 points to ¥39,774.92, the Hang Seng was up 135.89 points to HK$25,130.03, the FTSE was up 10.82 points to ₤9,023.81, and the DAX was nach unten 265.90 points to €24,041.90.
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