Canada’s main stock index bounced back from earlier losses among the technology and utility sectors to close higher on Tuesday, thanks to an energy and mining rally. Investors gauged remarks by central bank chairs in both Canada and the U.S. hoping for an ease on further monetary policy tightening.
Sponsored by
It was a choppy day on Wall Street as well, but markets ultimately closed higher once Federal Reserve Chair Jerome Powell said he didn’t expect rate cuts anytime soon.
Today in the Markets
| TSX | 20,725.00 | +96.08 |  |
| TSXV | 621.14 | +7.54 | |
| CSE | 198.73 | -1.87 |  |
| DJIA | 34,156.69 | +265.67 | |
| NASDAQ | 12,113.79 | +226.34 | |
| S&P 500 | 4,164.00 | +52.92 | |
The Canadian dollar traded for 74.60 cents US, compared to 74.38 cents US on Monday.
US crude futures traded $3.21 higher at $77.32 a barrel, while the Brent contract gained $2.86 to $83.85 a barrel.
The price of gold was up US1.896 to US$1,870.22.
In world markets, the Nikkei was down 8.18 points to 27,685.47, the Hang Seng was up 76.54 points to 21,298.70, the FTSE was up 28.00 points to 7,864.71, and the DAX was down 25.03 points to 15,320.88.
Get @ the Bell delivered to your email inbox every day!
DISCLAIMER: By viewing any material on or distributed by The Market Herald Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.
Any holdings, theories, speculation or trades appearing anywhere on The Market Herald network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. The Market Herald and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by The Market Herald and other Information Providers on an “as is” basis, and The Market Herald and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall The Market Herald and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.
