Canada’s main stock index remained muted on Thursday, easing off recent record highs as investors paused ahead of the quarter’s end. Tech was the biggest loser for the TSX while the mining segment provided some gains.
Meanwhile, the S&P 500 extended its decline, weighed down by continued weakness in Nvidia (NASDAQ:NVDA) and Oracle (NYSE:ORCL). Investor sentiment around artificial intelligence appeared cautious, with concerns emerging over lofty valuations and potentially unstable interconnections within the AI sector following recent deals.
| TSX | 29,731.98 | -24.97 |  |
| TSXV | 920.18 | +5.06 |  |
| CSE | 163.36 | -4.74 | |
| DJIA | 45,947.32 | -173.96 | |
| NASDAQ | 22,384.70 | -113.16 | |
| S&P 500 | 6,604.72 | -33.25 | |
The Canadian dollar traded for 71.72 cents US compared to 71.95 cents US on Wednesday.
US crude futures traded $0.30 higher at US$65.29 a barrel, and the Brent contract rose $0.33 to US$69.64 a barrel.
The price of gold was up US$15.18 to US$3,749.92.
In world markets, the Nikkei was up 124.62 points to ¥45,754.93, the Hang Seng was down 33.97 points to HK$26,484.68, the FTSE was down 27.83 points to ₤9,222.60, and the DAX was down 131.98 points to €23,534.83.
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