Canada’s main stock index moved lower on Wednesday, as energy losses overcame gains in health care and tech stocks.
Statistics Canada reported real gross domestic product rose 0.8 per cent in Q2, driven by increased business investment in inventories, non-residential structures, machinery and equipment, and household spending on services and semi-durable goods.
U.S. stock indexes were down despite a rebound in growth stocks, as weaker-than-expected private payrolls data couldn’t ease concerns around inflation.
A report showed private payrolls increased by 132,000 jobs in August, short of analyst’s forecast of job growth of 288,000.
Today in the Markets
| TSX | 19,330.81 | -182.09 |  |
| TSXV | 638.26 | +2.93 |  |
| CSE | 307.00 | +0.26 | |
| DJIA | 31,510.43 | -280.44 | |
| NASDAQ | 11,816.20 | -66.93 | |
| S&P 500 | 3,955.00 | -31.16 | |
The Canadian dollar traded for 76.20 cents US compared to 76.34 cents US on Tuesday.
US crude futures traded 2.75 per cent lower at $89.12 a barrel, while the Brent contract lost 2.84 per cent to $96.49 a barrel.
The price of gold was down US$12.98 to US$1,710.45.
In world markets, the Nikkei was down 104.05 points to 28,091.53, the Hang Seng was up 5.36 points to 19,954.39, the FTSE was down 77.48 points to 7,284.15, and the DAX was down 126.18 points to 12,834.96.
Get @ the Bell delivered to your email inbox every day!
DISCLAIMER: By viewing any material on or distributed by The Market Herald Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.
Any holdings, theories, speculation or trades appearing anywhere on The Market Herald network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. The Market Herald and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by The Market Herald and other Information Providers on an “as is” basis, and The Market Herald and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall The Market Herald and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.
