TSX Ends On Weak Note

RTTNews | vor 771 Tagen
TSX Ends On Weak Note

(RTTNews) - The Canadian market closed lower on Thursday, hurt by losses in technology and materials shares, reacting to updates from U.S. firms Netflix and Tesla, and weak bullion prices.

The benchmark S&P/TSX Composite Index, which opened flat and fell to a low of 20,412.37 around mid morning, ended the day's session with a loss of 47.07 points or 0.24% at 20,442.85.

Nuvei Corporation (NVEI.TO) tanked 8%. Newmont Corporation (NGT.TO) ended 6.2% down, while Shopify Inc (SHOP.TO), Ag Growth International (AFN.TO), Bombardier Inc (BBD.B.TO) and Agnico Eagle Mines (AEM.TO) lost 3 to 4.2%.

Mullen Group (MTL.TO) shares ended 1.6% down after the company reported second-quarter adjusted net earnings of $34.7 million, or $0.41 per share, compared with adjusted net earnings of $44.1 million, or $0.46 per share in the second-quarter of the previous year.

Linamar Corporation (LNR.TO), goeasy (GSY.TO), FirstService Corporation (FSV.TO), BlackBerry (BB.TO), Lightspeed Commerce (LSPD.TO), Celestica Inc (CLS.TO), Open Text Corporation (OTEX.TO) and Descartes Systems Group (DSG.TO) also ended notably lower.

Molson Coors Canada Inc (TPX.A.TO) climbed 4.75%. SNC-Lavalin Group Inc (SNC.TO) gained 3.3%, while TC Energy (TRP.TO), Imperial Oil (IMO.TO), Waste Connections (WCN.TO), Canadian Tire Corporation (CTC.TO) and Fairfax Financial Holdings (FFH.TO) gained 1 to 2.2%.

read more
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | vor 2Std 16 Minuten
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | vor 2Std 44 Minuten
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | vor 5Std 48 Minuten
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | vor 6Std 31 Minuten
German Unemployment Exceeds 3 Mln

German Unemployment Exceeds 3 Mln

Germany's unemployment exceeded the three million-mark for the first time in a decade in August as the prolonged period of subdued economic activity weighed on the labor market. The number of unemployed persons increased by 46,000 from the previous year to 3.025 million in August. However, unemployment fell by adjusted 9,000 compared to the previous month, while it was forecast to increase by 1
RTTNews | vor 7Std 1 Minuten