(Stock image generated with AI.)

Canada’s main stock index flatlined on Tuesday, even as precious metal prices continued to climb ahead of interest rate decisions from both the US Federal Reserve and the Bank of Canada. The mining and energy sectors led gains on the TSX.

In the US, markets were sharply mixed after major indexes opened a busy earnings week on a strong note. Investors are also looking ahead to the Federal Reserve’s upcoming rate announcement later this week.

TSX33,096.40+3.08TSX
TSXV1,142.87+2.55TSXV
CSE180.31−2.11CSE
DJIA49,003.41-408.99DJIA
NASDAQ23,817.10+215.74 NASDAQ
S&P 5006,978.60+28.37S&P 500

The Canadian dollar traded for 73.63 cents US compared to 72.93 cents US on Monday.

US crude futures traded US$1.78 higher at US$62.41 a barrel, and the Brent contract rose US$1.94 to US$67.53 a barrel.

The price of gold was up $93.25 to US$5,177.64.

In world markets, the Nikkei was up 448.29 points to ¥53,333.54, the Hang Seng was up 361.43 points to HK$27,126.95, the FTSE was up 58.95 points to ₤10,207.80, and the DAX was down 38.64 points to €24,894.44.


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