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Be the first with the news that moves the marketSolid corporate earnings couldn’t keep investor sentiment afloat for Canada’s main stock index on Thursday. A tumble in telecom shares led to a series of losses that ended in a broad decline.
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Wall Street also saw red as the Treasury market made new recession signals. With equity bullishness on the rise, traders aren’t as optimistic as they were a few days ago. Government bond investors pushed two-year yields above 10-year yields by the widest margin since the early 1980s.
Today in the Markets
| TSX | 20,679.54 | -45.46 |  |
| TSXV | 616.41 | -7.04 | |
| CSE | 196.37 | -2.34 | |
| DJIA | 33,949.01 | -207.68 | |
| NASDAQ | 11,910.52 | -203.27 | |
| S&P 500 | 4,081.50 | -43.67 | |
The Canadian dollar traded for 74.29 cents US, compared to 74.40 cents US on Wednesday.
US crude futures traded $0.87 lower at $77.60 a barrel, while the Brent contract lost $1.01 to $84.08 a barrel.
The price of gold was down US$16.22 to US$1,859.21.
In world markets, the Nikkei was down -22.11 points to 27,584.35, the Hang Seng was up 340.84 points to 21,624.36, the FTSE was up +25.98 points to 7,911.15, and the DAX was up +111.37 points to 15,523.42.
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