TSX Up Marginally; Energy Stocks Rise

RTTNews | 1 일 전
TSX Up Marginally; Energy Stocks Rise

(RTTNews) - After a flat start and a subsequent climb up north, the Canadian market retreated Tuesday morning, and at a little past noon, was up marginally, led by gains in energy, consumer and communications sectors.

Investors are cautiously optimistic about some positive progress in U.S.-China trade relations. The high-level talks between officials of the two countries is going on for a second day.

The benchmark S&P/TSX Composite Index, which climbed to 26,476.73 earlier in the session, was up 11.33 points or 0.14% at 26,387.13 nearly half an hour past noon.

Energy stocks are up thanks to higher crude oil prices. The Energy Capped Index is up more than 2%. Baytex Energy is rising nearly 8%. Vermilion Energy is climbing 5.7%, while Cenovus Energy, Imperial Oil, Precision Drilling, Nuvista Energy, Canadian Natural Resources, Suncor Energy, CES Energy Solutions and PrairieSky Royalty are up 2 to 3%.

Consumer discretionary stocks Linamar Corp, Brp Inc., Magna International, Spin Master Corp and Aritzia are up 1.3 to 4%.

Consumer staples stocks Alimentation Couche-Tard, Saputo and Empire Company are up 3.5%, 2.1% and 1%, respectively.

In the communications sector, BCE Inc. is rising 2.7% and Rogers Communications is gaining 2.3%. Quebecor and Cogeco Communications are up with modest gains.

read more
Swiss Market Fails To Hold Early Gains, Settle Modestly Lower

Swiss Market Fails To Hold Early Gains, Settle Modestly Lower

The Switzerland market ended modestly lower on Wednesday despite spending much of the day's trading session in positive territory. Although the market gained some ground in positive territory, reacting to news about U.S. and Chinese officials reaching a framework to implement the Geneva consensus following two days of discussions in London, the mood turned cautious later on in the session.
RTTNews | 2 시간 38 분 전
European Stocks Pare Early Gains, Close Mostly Lower

European Stocks Pare Early Gains, Close Mostly Lower

Despite U.S. and Chinese officials announcing an agreement in principle on a framework to ease trade disputes, European stocks failed to hold early gains and closed mostly lower on Wednesday, with the mood turning cautious as the plan is subject to approval by the presidents of the two nations.
RTTNews | 2 시간 57 분 전
ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year

ECB Indicator Shows Eurozone Wage Growth To Slow Sharply To 3.1% This Year

A measure, based on the collective bargaining agreements in the euro area, suggested that negotiated wage growth is set to ease significantly this year, the European Central Bank said on Wednesday, which adds to expectations of inflation staying near the 2 percent target.
RTTNews | 5 시간 54 분 전
U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

U.S. Consumer Prices Inch Up 0.1% In May, Slightly Less Than Expected

A closely watched report released by the Labor Department on Wednesday showed a slight increase by consumer prices in the U.S. in the month of May. The Labor Department said its consumer price index inched up by 0.1 percent in May after rising by 0.2 percent in April. Economists had expected another 0.2 percent increase.
RTTNews | 7 시간 5 분 전
Bay Street Seen Opening On Mixed Note

Bay Street Seen Opening On Mixed Note

It's likely to be a mixed start for Canadian shares on Wednesday with investors reacting to the crucial U.S. consumer price inflation data, and the developments on the trade front where U.S. and Chinese official reached a framework to implement the Geneva consensus following two days of discussions in London.
RTTNews | 7 시간 52 분 전