Canada’s main stock index advanced on Thursday, led by gains in the mining, energy and industrials sectors. A drop in copper prices and higher bond yields capped extended gains on the TSX, while investors awaited more cues on the timing of interest rate cuts.
South of the border, it was a third session where the NASDAQ and S&P barely budged as traders weighed disappointing earnings. However, the Dow Jones Industrial Average rose for the seventh straight day as traders assessed a report showing the number of workers applying for unemployment benefits rose by more last week than expected.
| TSX | 22,375.83 | +116.67 |  |
| TSXV | 595.95 | +5.93 | |
| CSE | 192.19 | +4.53 | |
| DJIA | 39,387.76 | +331.37 | |
| NASDAQ | 16,346.26 | +43.51 | |
| S&P 500 | 5,212.51 | +24.84 | |
The Canadian dollar traded for 73.11 cents compared with 72.81 cents U.S. on Wednesday.
U.S. crude futures traded $0.56 higher at $79.55 a barrel, and the Brent contract added $0.57 to $84.15 a barrel.
The price of gold was up US$34.26 to US$2,343.24.
In world markets, the Nikkei was down 128.39 points to 38,073.98, the Hang Seng was up 223.95 points to 18,537.81, the FTSE was up 27.30 points to 8,381.35, and the DAX was up 188.22 points to 18,686.60.
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