A fall in oil prices dragged energy shares and mining stocks also tumbled, leaving Canada’s main stock index to stagger over the finish line on Wednesday. Industrials and tech provided some gains. Traders are still worried about interest rates staying higher for longer.


Sponsored by
PDAC 2023: The World's Premier Mineral Exploration & Mining Conference

After logging their worst day in 2023, US stock markets were split as traders assessed the minutes from the most recent US Federal Reserve meeting for clues on the likelihood for larger rate hikes and whether they could raise rates higher than previously thought to curb inflation.

Today in the Markets

TSX 20,193.33 -59.31 TSX
TSXV 619.18 -6.33 TSXV
CSE 193.70 -2.89 TSXV
DJIA 33,045.09 -84.50 DJIA
NASDAQ 11,507.07 +14.77 NASDAQ
S&P 500 3,991.05 -6.29 S&P 500

The Canadian dollar traded for 73.77 cents US, compared to 73.87 cents US on Tuesday.

US crude futures traded $2.42 lower at $73.94 a barrel, and the Brent contract lost $2.50 to $80.55 a barrel.

The price of gold was down 9.56 to US$1,826.31.

In world markets, the Nikkei was down 368.78 points to 27,104.32, the Hang Seng was down 105.65 points to 20,423.84, the FTSE was down 54.89 points to 7,922.86, but the DAX was up 2.27 points to 15,399.89.


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 Online

Usha Resources begins phase 4 fieldwork at White Willow Project

Usha Resources (TSXV:USHA) has begun the fourth phase of fieldwork at its White Willow Lithium Project in Ontario following phase 3 work.

@ the Bell: Stocks level-out ahead of Easter long weekend

A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher as investors await economic data.