Canadian markets saw a hopeful upward trend with the health care sector taking today’s lead spot. Specialists are predicting the energy sector to undergo a cash harvesting phase for 2023 with major increases by the end of the year, overriding the dip it saw today.
Meanwhile, down in the U.S. markets saw the same lucky green in all major indices closing in the gain. However, reports of the labour market have stirred things up again as there are more jobs available than originally thought.
Today in the Markets
The Canadian dollar traded for 74.17 cents U.S., compared to 73.16 cents U.S. on Tuesday.
U.S. crude futures traded $4.01 lower at $73.20 a barrel, and the Brent contract went down $4.37 to $78.02 a barrel.
The price of gold was up US$17.83 to US$1,856.38.
In world markets, the Nikkei was down 377.64 points to 25,716.86, the Hang Seng was up 647.82 points to 20,793.11, the FTSE was up 31.10 points to 7,585.19, and the DAX was up 309.11 points to 14,490.78.
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