Canada’s main stock index scored another fresh record high on Tuesday, but the rally fell short by close. The country’s annual inflation rate met its central bank’s 2 per cent target, while markets awaited a sizeable interest rate cut by the U.S. Federal Reserve this week. The energy sector led gains on the TSX followed by mining, while losses were sustained mainly by industrials.
U.S. markets also started the trading day strong after better-than-expected retail sales data (up 0.1 per cent in August versus estimates of a 0.2 per cent decline), but soon also turned south ahead of the start of the Fed’s September policy meeting.
| TSX | 23,677.70 | -24.37 |  |
| TSXV | 582.35 | +0.30 |  |
| CSE | 160.45 | -2.75 | |
| DJIA | 41,606.18 | -15.90 | |
| NASDAQ | 17,628.06 | +35.93 | |
| S&P 500 | 5,634.88 | +1.79 | |
The Canadian dollar traded for 73.55 cents U.S. compared with 73.59 cents U.S. on Monday.
U.S. crude futures traded $1.22 higher at $71.31 a barrel, and the Brent contract rose $1.05 to $73.80 a barrel.
The price of gold was down US$15.33 to US$2,568.31.
In world markets, the Nikkei was down 378.54 points to 36,203.22, the Hang Seng was up 237.90 points to 17,660.02, the FTSE was up 34.85 points at 8,313.29, and the DAX was up 97.58 points to 18,730.69.
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(Top image generated with AI)