(Stock image generated with AI.)

Canada’s benchmark stock index was largely unchanged on Tuesday as investors remained on the sidelines after the release of GDP data, while higher oil prices kept the energy sector in focus. Statistics Canada said GDP kept steady in July, ending a three-month stretch of economic expansion.

South of the border, US markets were also muted as traders looked to bounce back from the previous session’s losses, which were driven by climbing Treasury yields.

TSX35,460.27-29.59TSX
TSXV887.30-6.94TSXV
CSE167.08-1.05CSE
DJIA51,349.92-131.59DJIA
NASDAQ26,797.54-22.84NASDAQ
S&P 5007,670.84-12.85S&P 500

The Canadian dollar traded for 70.51 cents US compared to 70.54 cents US on Monday.

US crude futures traded US$3.10 lower at US$89.50 a barrel, and the Brent contract lost US$2.40 to US$102.90 a barrel.

The price of gold was up US$33.77 to US$4,169.73.

In world markets, the Nikkei was down 396.35 points to ¥65,481.27, the Hang Seng was down 118.94 points to HK$24,523.57, the FTSE was down 48.17 points to ₤10,636.71, but the DAX was up 24.79 points to €25,399.21.


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