Canadian Market Remains In Negative Territory, Looks Headed For Weak Close

RTTNews | 818 days ago
Canadian Market Remains In Negative Territory, Looks Headed For Weak Close

(RTTNews) - The Canadian market, which fell after a recovery from slightly weak start Wednesday morning, remains in negative territory in late afternoon trades, weighed down by losses in healthcare, utilities and technology sectors.

Consumer staples and energy stocks are finding some support, while shares from financials, industrials, and consumer stocks are exhibiting a mixed trend.

The benchmark S&P/TSX Composite Index, which advanced to 20,779.24 earlier in the session, is down 55.64 points or 0.27% at 20,669.36.

Tecsys Inc (TCS.TO), Canada Goose Holdings (GOOS.TO), Nuvei Corporation (NVEI.TO), Enbridge (ENB.TO), Nutrien (NTR.TO) and Shopify Inc (SHOP.TO) are down 2 to 5%.

Brookfield Asset Management (BAM.TO) is rising 3.6%. Cargojet (CJT.TO), Stelco Holdings (STLC.TO), Imperial Oil (IMO.TO) and Loblaw Companies (L.TO) are gaining 2 to 3%.

MTY Food Group (MTY.TO), Bombardier Inc (BBD.A.TO), Ritchie Bros. Auctioneers (RBA.TO), Precision Drilling Corporation (PD.TO) and Boyd Group Services (BYD.TO) are up 1 to 2%.

read more
Sensex, Nifty Marginally Higher In Cautious Trade

Sensex, Nifty Marginally Higher In Cautious Trade

Indian shares were flat to slightly higher on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | 29 minutes ago
Australian Market Extends Early Gains In Mid-market

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending its early gains in mid-market moves on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying well below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and technology stocks.
RTTNews | 1h 31min ago
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Wednesday, despite the negative cues from Wall Street overnight, as traders react to China's central bank saying it would cut its key policy rate by 10 basis points and lower the reserve requirement ratio by 50 basis points to boost growth. There is also confirmation that U.S. and Chinese officials are set to start formal trade talks this week.
RTTNews | 1h 45min ago
Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Sensex, Nifty Set To Drift Lower After Strike On Pakistan Terror Bases

Indian shares look set to open lower on Wednesday after the Indian Armed Forces launched precision missile strikes under 'Operation Sindoor', targeting nine terrorist sites in Pakistan and Pakistan-occupied Kashmir (PoK) in a strong response to the brutal Pahalgam terror attack.
RTTNews | 2h 14min ago
Japanese Market Slightly Lower

Japanese Market Slightly Lower

The Japanese stock market is trading slightly lower on Wednesday after opening in the green, snapping a seven-session winning streak, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 36,800 level, with weakness in exporters and automaker stocks partially offset by gains in technology and financial stocks.
RTTNews | 3h 22min ago
Australian Market Slightly Higher

Australian Market Slightly Higher

Australian shares are trading slightly higher on Wednesday, recouping some of the losses in the previous two sessions, with the benchmark S&P/ASX 200 staying below the 8,200 level, despite the broadly negative cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks nearly offset by weakness in technology stocks.
RTTNews | 3h 45min ago
U.S. Dollar Declines Against Majors

U.S. Dollar Declines Against Majors

The U.S. dollar fell against its major counterparts in the New York session on Tuesday, as investors awaited monetary policy decision from the Federal Reserve due on Wednesday.
RTTNews | 9h 0min ago
Canadian Stocks Marginally Down In Cautious Trade

Canadian Stocks Marginally Down In Cautious Trade

Canadian stocks are turning in a mixed performance on Tuesday with investors largely refraining from making significant moves amid lingering concerns about tariffs and some weak earnings updates.
RTTNews | 11h 18min ago