AI generated stock image
(Stock image generated with AI.)

The TSX hit a record high on Tuesday, led by tech gains in tech. The materials sector led the losers as gold and copper prices fell to a two-month low in the face of a weaker dollar. The energy market also dropped as oil prices moved lower while traders await an incoming report from OPEC.

The post-election rally that brought the major American indices to all-time highs took a wide step back as Wall Street stocks logged steep declines.

TSX24,923.01+133.73TSX
TSXV597.70-3.69TSXV
CSE141.66+9.32CSE
DJIA43,910.98-382.15DJIA
NASDAQ19,281.40-17.36NASDAQ
S&P 5005,986.68-14.67S&P 500

The Canadian dollar traded for 71.72 cents US compared to 71.79 cents US on Monday.

US crude futures traded $0.03 lower at US$68.01 a barrel, and the Brent contract lost $0.03 to US$71.80 a barrel.

The price of gold was down US$10.61 to US$2,600.63.

In world markets, the Nikkei was down 157.23 points to 39,376.09, the Hang Seng was down 580.05 points to 19,846.88, the FTSE was down 104.12 points to 8,021.07, and the DAX was down 401.04 points to 19,047.56.


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 image generated with AI)


More From The Market Online

@ the Bell: TSX hits new record high, only to close lower

Canada’s top stock index came out of the gate hot on Friday to close out the...

@ the Bell: Oracle’s earnings miss sparks tech selloff

Canada’s top stock index rallied on Thursday despite renewed concerns over inflated technology valuations—sparked by Oracle’s...

Market Open: Disney Pops on AI Deal, Broadcom Slides on Backlog Concerns | Dec 12

TSX rises 0.54%, Nasdaq falls 1.10%, gold hits two-month high, oil and Bitcoin drop. Disney gains on AI deal while Broadcom slides on backlog…
Cannabis leaves with Stock Talk and Cannabis Report labels

StockTalk | Cannabis Report: New stores, new shipments, new vapes

Several TSX healthcare stocks that cater to various aspects of the healthcare market are listed on the TSX, including notable cannabis stocks