Supported by a rise in energy stocks on higher oil prices, Canada’s main stock index moved higher on Tuesday. Data showed the economy flatlined in August and likely slipped into a shallow recession in Q3. While the energy sector led the gainers, losses among the mining and utilities markets caused some drag.
U.S. stocks also nudged higher as traders set to close out a morose month that saw Treasury yields rally to highs not seen in decades.
TSX | 18,873.47 | +16.71 | |
TSXV | 516.07 | +2.63 | |
CSE | 150.00 | +6.76 | |
DJIA | 33,052.87 | +123.91 | |
NASDAQ | 12,851.24 | +61.76 | |
S&P 500 | 4,191.76 | +24.94 | |
The Canadian dollar traded for 72.11 cents U.S., compared to 72.07 cents U.S. on Monday.
U.S. crude futures traded $1.03 lower at $81.28 a barrel, and the Brent contract lost $1.04 to $87.41 a barrel.
The price of gold was down US$10.68 to US$1,984.83.
In world markets, the Nikkei was up 161.89 points to 30,858.85, the Hang Seng was down 293.88 points to 17,112.48, the FTSE was down 5.67 points to 7,321.72, and the DAX was up 93.80 points to 14,810.34.
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