Canada’s main stock index fell on Thursday, tracking a selloff in global markets, as the U.S. 10-year Treasury yield inched closer to crucial 5 per cent again. The utilities sector led in gains on the TSX, followed by financial shares, while the industrial sector led decliners, followed by tech shares. Traders remain concerned over Israel’s continued bombardment of the Gaza Strip.
U.S. stocks also fell with the NASDAQ set to fall deeper into correction territory with Meta being the latest tech company to report quarterly results. Major earnings continue as Amazon is set to post results after the close.
| TSX | 18,875.31 | -72.54 |  |
| TSXV | 516.10 | -2.21 | |
| CSE | 150.49 | -5.64 | |
| DJIA | 32,784.16 | -251.77 | |
| NASDAQ | 12,595.60 | -225.62 | |
| S&P 500 | 4,135.70 | -51.07 | |
The Canadian dollar traded for 72.33 cents U.S., compared to 72.49 cents U.S. on Wednesday.
US crude futures traded $2.13 lower at $83.26 a barrel, and the Brent contract lost $2.16 to $87.97 a barrel.
The price of gold was up US$0.38 to US$1,983.33.
In world markets, the Nikkei was down 668.14 points to 30,601.78, the Hang Seng was down 40.72 points to 17,044.61, the FTSE was down 59.77 points to 7,354.57, and the DAX was down 161.13 points to 14,731.05.
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