The TSX Index closed at a slight loss on Tuesday driven by dips in telecom, metals and information technology stocks, adding to a week-long drop driven by investors’ retreat to safety in anticipation of new US economic data, despite Canadian inflation falling to 2.1 per cent in October.
The S&P 500 followed suit, posting its fourth-straight day in the red, with investors keen to read the tea leaves of NVIDIA’s upcoming earnings, expected after Wednesday’s close, in terms of what they portend about AI’s near-term future.
| TSX | 30,036.46 | −39.75 |  |
| TSXV | 867.66 | +8.01 |  |
| CSE | 143.62 | -2.03 | |
| DJIA | 46,091.74 | −498.50 | |
| NASDAQ | 22,432.846 | -275.229 | |
| S&P 500 | 6,617.32 | −55.09 | |
The Canadian dollar traded for US$0.7149, up from US$0.7115 on Monday.
US crude futures traded US$0.79 lower to US$60.70 per barrel, while the Brent contract fell by US$0.14 to US$64.75 per barrel.
The price of gold was down by US$9.10 to US$4,065.40 per ounce.
In world markets, the Nikkei was down by 1,620.93 points to 48,702.98, the Hang Seng was down by 454.25 points to 25,930.03, the FTSE was down by 123.13 points to 9,552.30, and the DAX was down by 409.99 points to 23,180.53.
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