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TSX Ends Weak For 3rd Straight Day

RTTNews | Pred 970 dňami

TSX Ends Weak For 3rd Straight Day

(RTTNews) - After opening on a positive note, the Canadian market slipped and stayed weak on Thursday amid concerns about global growth after central banks, including the Federal Reserve, raised policy rates sharply to combat inflation.

The benchmark S&P/TSX Composite Index ended with a loss of 181.86 points or 0.95% at 19,002.68, extending losses to a third straight session.

Technology, healthcare, real estate and energy stocks fell sharply. Several stocks from consumer discretionary and industrials sectors too ended sharply lower. Communication services shares found some support.

Nuvei Corporation (NVEI.TO), Shopify Inc (SHOP.TO), Precision Drilling Corporation (PD.TO), CargoJet (CJT.TO), Descartes Systems (DSG.TO) and Kinaxis (KXS.TO) lost 4 to 7%.

BRP Inc (DOO.TO), Colliers International (CIGI.TO), Fairfax Financial Holdings (FFH.TO) and Thomson Reuters (TRI.TO) also declined sharply.

Data from Statistics Canada showed that new home prices in Canada increased 0.1% for the second consecutive month in August of 2022. New home prices rose 6.9% year-on-year in August of 2022, the smallest increase since January 2021.

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Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | Pred 56 minútami

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

RTTNews | Pred 1 h 22 min

FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | Pred 2 h 10 min

Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up

Home Depot Q1 Profit Misses Market, But Sales Beat; Backs Outlook; Stock Up

Home Depot Inc. reported Tuesday weak first-quarter profit below market estimates, while sales grew from last year and beat the Street view with slightly higher comparable sales in the U.S. Further, the home improvement retailer maintained its fiscal 2025 guidance, expecting weak earnings, but higher sales and comparable sales. In the pre-market activity on the NYSE, Home Depot shares were gaining

RTTNews | Pred 2 h 29 min

CAC 40 Modestly Higher

CAC 40 Modestly Higher

The French market is modestly higher in cautious trade on Tuesday with investors closely following the developments on the geopolitical front. Tensions between Russia and Ukraine linger despite an announcement from U.S. President Donald Trump that the two nations would soon begin ceasefire negotiations.

RTTNews | Pred 2 h 42 min

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the European session on Tuesday.

RTTNews | Pred 2 h 47 min

Sensex, Nifty Tumble As Investor Seek Tariff Clarity

Sensex, Nifty Tumble As Investor Seek Tariff Clarity

Indian shares fell sharply on Tuesday as investors watched the latest developments in the ongoing India-U.S. trade discussions.

RTTNews | Pred 2 h 49 min

DAX Up Over 0.5% In Cautious Trade

DAX Up Over 0.5% In Cautious Trade

German stocks are up in positive territory on Tuesday amid easing concerns about tariffs, and in reaction to the widely expected interest rate cut by the People's Bank of China.

RTTNews | Pred 3 h 2 min

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