Source: REUTERS/Mark Blinch
Market Herald logo


Be the first with the news that moves the market

A split market weighed on the side of the heavyweights, sending Canada’s main stock index lower on Wednesday. The other markets that logged earlier gains fell in the red in an otherwise broad decline by close.

South of the border, markets on Wall Street stumbled after the fallout of the Federal Reserve’s rate announcement which had also forecast rates remaining higher for longer. Asian markets moved lower while Euro markets finished higher.

Today in the Markets

TSX 19,184.54 -184.15 TSX
TSXV 613.48 -3.24 TSXV
CSE 267.92 -1.47 TSXV
DJIA 30,183.71 -522.52 DJIA
NASDAQ 11,220.19 -204.86 NASDAQ
S&P 500 3,789.82 -66.11 S&P 500

The Canadian dollar traded for 74.39 cents US compared to 74.84 cents US on Tuesday.

US crude futures traded 0.15 per cent lower at $83.81 a barrel, while the Brent contract gained 0.14 per cent to $90.75 a barrel.

The price of gold was up US5.44 to US$1,671.80.

In world markets, the Nikkei was down 375.29 points to 27,313.13, the Hang Seng was down 336.80 points to 18,444.62, the FTSE was up 44.98 points to 7,237.64, and the DAX was up 96.32 points to 12,767.15.

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

An undervalued Canadian mining company hiding in plain sight

The best returns among Canadian mining companies are earned by building conviction when market sentiment is low, such as the present moment.

A small-cap fintech company is gearing up for global domination

Fintech is one of the fastest-growing sectors and Fintech Select (TSXV:FTEC) is poised to exert a substantial influence in this domain.