Markets up, loonie lower

Financial numbers flow on the digital ticker tape at the TMX Group in Toronto’s financial district.

The industrials sector helped Canada’s main stock index edge up in late-morning trading, while U.S. markets also traded higher following solid earnings from several big U.S. companies.

The S&P/TSX composite index was up 22.57 points at 14,744.32.

In New York, the Dow Jones industrial average was up 151.85 points at 24,594.77. The S&P 500 index was up 9.90 points at 2,651.15, while the Nasdaq composite was up 12.59 points at 7,062.89.

The Canadian dollar traded lower at 76.14 cents US compared with an average of 76.23 cents US on Monday.

The December crude contract was down US$1.24 at US$65.80 per barrel and the December natural gas contract was up 0.2 of a cent at US$3.20 per mmBTU.

The December gold contract was down US$1.50 at US$1,226.10 an ounce and the December copper contract was down 6.90 cents at US$2.67 a pound.

Share:

Other News

Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Canada News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc.

While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

Latest Headlines

Subscribe

Join our email list to receive the free market update newsletter

Canada News Group is a financial media company whose focus is to provide readers with financial news and content on the latest trends and happenings in the financial world.

error: Content is protected !!