Market Herald logo

Subscribe

Be the first with the news that moves the market

It was a bumpy day for Canada’s main stock index, but strength in the technology, energy and base metal sectors helped lead the TSX to a flat close in the green on Tuesday. Canadian stocks have experienced a solid recovery from their lows in October as investors hope major central banks may ease their aggressive rate-hike stances.

Riding a sign that inflation may have peaked, US stock markets also climbed higher after a report showed inflation slowed in November. Softer-than-expected inflation raised hopes the Federal Reserve could shift to smaller rate hikes.

Today in the Markets

TSX 20,023.46 +3.76 TSX
TSXV 574.27 +0.38 TSXV
CSE 232.91 -8.51 TSXV
DJIA 34,414.00 +146.00 DJIA
NASDAQ 11,963.25 +134.75 NASDAQ
S&P 500 4,057.50 +32.25 S&P 500

The Canadian dollar traded for 73.77 cents US, compared to 73.36 cents US on Monday.

US crude futures traded $2.35 higher at $75.52 a barrel, while the Brent contract gained $2.75 to $80.74 a barrel.

The price of gold was up US$29.85 to US$1,812.00.

In world markets, the Nikkei was up 112.52 points to 27,954.85, the Hang Seng was up 132.57 points to 19,596.20, the FTSE was up 56.92 points to 7,502.89, and the DAX was up 191.26 points to 14,497.89.


Get @ the Bell delivered to your email inbox every day!

Sign Up Here





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.


More From The Market Herald

" From corporate launch to upcoming initial resource estimate, here’s one of 2022’s top lithium performers

Lithium Ionic Corp. has been hailed as the multi-billion-dollar blueprint next door by analysts.

" Successful gold explorer makes NEW polymetallic discovery

Northstar Gold has been making headlines over the past couple of years advancing its high-grade flagship Miller Gold Property.

" @ the Bell: Growth-sensitive stocks fluctuate on mega jobs report

Canada’s main stock index ended on the higher side of flat on Friday trading as strength in the energy and technology sectors was weighed against

" Mining investors rejoice! VRIC 2023 fast approaches

Less than one week from today, the Vancouver Resource Investment Conference (VRIC) will showcase over 300 of the most prominent companies in the