Market Herald logo

Subscribe

Be the first with the news that moves the market

Half the week in, and it has been a bumpy ride for Canada’s main stock index. Though it was a rough start to the trading session, the TSX closed higher on Wednesday, led by gains in the utility sector. Investors remain cautious before Thursday’s release of U.S. inflation numbers.


Sponsored by
Luminex Extends High Grade Gold at Camp Deposit

South of the border, markets also moved solidly higher as Wall Street braces for a crucial inflation reading and big bank earnings later this week.

Today in the Markets

TSX 20,025.05 +126.19 TSX
TSXV 602.39 +8.14 TSXV
CSE 197.74 +1.37 TSXV
DJIA 34,086.00 +236.00 DJIA
NASDAQ 11,470.50 +188.75 NASDAQ
S&P 500 3,988.00 +47.25 S&P 500

The Canadian dollar traded for 74.51 cents US, compared to 74.49 cents US on Tuesday.

US crude futures traded $2.44 higher at $77.56 a barrel, while the Brent contract gained $2.73 to $82.83 a barrel.

The price of gold was down US$0.48 to US$1,876.49.

In world markets, the Nikkei was up 270.44 points to 26,446.00, the Hang Seng was up 104.59 points to 21,436.05, the FTSE was up 34.24 points to 7,728.73, and the DAX was up 173.31 points to 14,947.91.


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

" From the floor of the Vancouver Resource Investment Conference (VRIC)

On January 29-30, 2023, over 300 junior mining companies gathered in Vancouver to showcase the exploration and production of the most critical commodities

" @ the Bell: Markets mixed, Fed rate still in focus

Commodities took a dive on Thursday after scoring some early gains and the TSX went with it.

" Buzz on the Bullboards: A meeting that could not have been an email

Stocks closed out the first month of 2023 no worse for wear after getting pummeled last year.

" @ the Bell: TSX gives up gains upon Fed rate hike

Energy losses led Canada’s main stock index lower in Wednesday trading, dropping more than 100 points.