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TSX Ends Modestly Lower After Cautious Session

RTTNews | il y a 931

TSX Ends Modestly Lower After Cautious Session

(RTTNews) - The Canadian market ended weak on Wednesday, weighed down by losses in healthcare and materials stocks.

The market remained in negative territory right through the day's session amid concerns about global economic slowdown.

The benchmark S&P/TSX Composite Index ended with a loss of 45.46 points or 0.22% at 20,679.54.

Tecsys Inc (TCS.TO) drifted down by about 5.5%. Canada Goose Holdings (GOOS.TO), Nuvei Corp (NVEI.TO), Nutrien (NTR.TO), Enbridge Inc (ENB.TO) and Shopify Inc (SHOP.TO) ended lower by 2.6 to 4.5%.

Tilray Inc (TLRY.TO), Bausch Health companies (BHC.TO) and Canopy Growth Corp (WEED.TO) ended down 2.6 to 3.4%. Cronos Group (CRON.TO) also ended notably lower.

Descartes Systems Group (DSG.TO), Colliers International (CIGI.TO) and Kinross Gold Corporation (K.TO) also ended notably lower.

Bombardier Inc (BBD.B.TO), Loblaw Companies (L.TO), Boyd Group Services (BYD.TO), MTY Food Group (MTY.TO), George Weston (WN.TO), Ritchie Bros. Auctioneers (RBA.TO), Cargojet (CJT.TO) and Premium Brands Holdings Corporation (PBH.TO) gained 1 to 2.3%.

Alimentation Couche-Tard Co (ATD.TO), Saputo Inc (SAP.TO) and Metro Inc (MRU.TO) also ended notably higher.

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Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Walgreen Co. Now Operating As Private Standalone Company Under Sycamore Partners

Independent retail pharmacy Walgreen Co. announced Thursday it is now operating as a private standalone company following the closure of the acquisition of Walgreens Boots Alliance, Inc. (WBA) by New York-based private equity firm Sycamore Partners.

RTTNews | il y a 16 minutes

U.S. Economy Surges More Than Previously Estimated In Q2

U.S. Economy Surges More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday. The report said real gross domestic product shot up by 3.3 percent in the second quarter compared to the previously reported 3.0 percent surge. Economists had expected the jump in GDP to be upwardly revised to 3.1 percent.

RTTNews | il y a 28 minutes

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

U.S. Weekly Jobless Claims Dip Roughly In Line With Estimates

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd. The Labor Department said initial jobless claims dipped to 229,000, a decrease of 5,000 from the previous week's revised level of 234,000. Economists had expected jobless claims to slip to 230,000.

RTTNews | il y a 34 minutes

Switzerland Logs Weaker Growth, Trims 2026 Outlook

Switzerland Logs Weaker Growth, Trims 2026 Outlook

The Swiss economy expanded modestly in the second quarter, as estimated earlier, and higher U.S. tariffs are set to push down growth prospects, the State Secretariat for Economic Affairs said Thursday. Gross domestic product grew 0.1 percent from the first quarter, unchanged from the flash estimate. Growth softened notably from 0.7 percent in the first quarter.

RTTNews | il y a 1h 39min

U.S. GDP Jumps More Than Previously Estimated In Q2

U.S. GDP Jumps More Than Previously Estimated In Q2

The U.S. economy grew by more than previously estimated in the second quarter of 2025, according to revised data released by the Commerce Department on Thursday.

RTTNews | il y a 1h 47min

U.S. Weekly Jobless Claims Edge Down To 229,000

U.S. Weekly Jobless Claims Edge Down To 229,000

A report released by the Labor Department on Thursday showed a modest decrease by first-time claims for U.S. unemployment benefits in the week ended August 23rd.

RTTNews | il y a 1h 52min

FTSE 100 Down 0.4% In Cautious Trade

FTSE 100 Down 0.4% In Cautious Trade

After a slightly positive start, U.K. stocks turned weak Thursday morning with investors treading cautiously amid a lack of triggers. Shares of financials and utilities companies are struggling a bit.

RTTNews | il y a 3h 3min

CAC Up Slightly; Pernod Ricard Rises On Earnings

CAC Up Slightly; Pernod Ricard Rises On Earnings

The French market is up slightly a little past noon on Thursday, supported by data showing an increase in new car registrations in Europe, and stronger-than-expected results and forecast from AI chip major Nvidia.

RTTNews | il y a 3h 22min

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