Image generated with AI
(Stock image generated with AI)

Canada’s main stock index fell on Wednesday as cautious investors awaited key economic data from the U.S. in the run up to next week’s presidential election. Only the energy and utilities sectors provided any gains for the TSX while the mining market led the way lower.

U.S. markets also sunk, despite solid results from Google owners Alphabet (NDAQ:GOOG), closing nearly 3 per cent higher. Traders are preparing for additional reports from major tech companies and looked ahead to a key reading on the economy’s growth.

TSX24,507.79-54.76TSX
TSXV613.40-6.33TSXV
CSE166.71-1.39CSE
DJIA42,141.54-91.51DJIA
NASDAQ18,607.93-104.82NASDAQ
S&P 5005,820.22-12.70S&P 500

The Canadian dollar traded for 71.95 cents U.S. compared with 71.85 cents U.S. on Tuesday.

U.S. crude futures traded $1.73 higher at $68.94 a barrel, and the Brent contract rose $1.78 to $72.90 a barrel.

The price of gold was up US$18.87 to US$2,787.71.

In world markets, the Nikkei was up 373.71 points to 39,277.39, the Hang Seng was down 320.50 points to 20,380.64, the FTSE was down 56.72 points to 8,162.89, and the DAX was down 205.18 points to 19,272.89.


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
Quebec flag against the backdrop of a blue sky

Red Metal Resources to acquire interests in Quebec mineral claims

Red Metal Resources (CSE:RMES) will acquire a 100 per cent interest in more than 1,100 hectares of mineral claims in Quebec.
An example of stockwork-boulder from the Bambino target

Electrum reports high-grade assays, extends Bambino anomaly

Electrum Discovery (TSXV:ELY) reports results from its rock-chip sampling at the Timok East project in Serbia.
Oil derrick in desert at sunset

Sonoro Energy to explore oil in Southern Alberta

Sonoro Energy (TSXV:SNV) enters into farm-in-agreement with Badlands Resources to explore oil in Southern Alberta.
Source Volt Carbon

Volt Carbon pushes new boundaries with lithium battery testing

Volt Carbon Technologies (TSXV:VCT) reaches a major milestone testing its proprietary lithium iron phosphate / Li-metal battery.