Computer laptop with a TSX logo on the screen
(File photo.)

Coming out of the Canada Day long weekend, markets trading in Toronto traded gains and losses, struggling from a drop in commodity prices. However, an in-line reading of new domestic manufacturing data kept losses in check.

U.S. markets also stumbled, but came out higher as Federal Reserve Chairman Jerome Powell reported progress on inflation, and he reiterated that the central bank is not ready to cut rates.

TSX21,953.80+78.01TSX
TSXV566.76-3.06TSXV
CSE163.78-4.66CSE
DJIA39,331.85+162.33DJIA
NASDAQ18,028.76+149.46NASDAQ
S&P 5005,509.01+33.92S&P 500

The Canadian dollar traded for 73.10 cents U.S. compared with 73.05 cents U.S. on Friday.

U.S. crude futures traded $0.48 lower at $82.90 a barrel, and the Brent contract lost $0.25 to $86.35 a barrel.

The price of gold was down US$3.06 to US$2,329.18.

In world markets, the Nikkei was up 443.63 points to 40,074.69, the Hang Seng was up 50.53 points to 17,769.14, the FTSE was down 45.56 points to 8,121.20, and the DAX was down 126.60 points to 18,164.06.


The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo: File)


More From The Market Online
Gold bars

Mid-year review: How has gold been performing?

At the halfway mark of 2024, we take a dive into how the gold price has performed, and what supply and demand has looked…
A Bombardier Global 5500 aircraft flying in the clouds

Bombardier settles New York lawsuit with bond investors

Bombardier (TSX:BBD.A) settles a 2022 lawsuit with bondholders that alleged the company defaulted on its 7.45 per cent bonds due in 2034.
A General Electric BWRX-300 small modular reactor

AtkinsRéalis supports Poland’s nuclear power endeavour

AtkinsRéalis (TSX:ATRL) subsidiary Candu Energy signs an agreement to deploy a fleet of BWRX-300 small modular reactors in Poland.
Martha Stewart in a garden using Scotts Miracle-Gro

Scotts Miracle-Gro faces class-action lawsuit

The Scotts Miracle-Gro Co. (NYSE:SMG) is facing a class action securities lawsuit headed by the legal firm Levi & Korsinsky.