TSX Ends Marginally Up After Slightly Volatile Session

RTTNews | 453天前
TSX Ends Marginally Up After Slightly Volatile Session

(RTTNews) - The Canadian market ended marginally up after a somewhat volatile session on Friday.

The benchmark S&P/TSX Composite Index ended with a gain of 17.90 points or 0.09% at 20,758.34, after scaling a low of 20,680.85 and a high of 20,830.27 intraday.

Energy, consumer staples, consumer discretionary and technology stocks were among the notable gainers, while materials and healthcare stocks closed weak.

Canada Goose Holdings (GOOS.TO) soared nearly 15%. Methanex Corporation (MX.TO) rallied 7.3%. Ag Growth International (AFN.TO), Open Text Corporation (OTEX.TO) and Precision Drilling Corporation (PD.TO) gained 5.8%, 5% and 3.5%, respectively.

CGI Inc (GIB.A.TO), Docebo Inc (DCBO.TO), Stelco Holdings (STLC.TO), MTY Food Group (MTY.TO), Kinaxis Inc (KXS.TO), Descartes Systems Group (DSG.TO), BRP Inc (DOO.TO) and Royal Bank of Canada (RY.TO) gained 1.3 to 3%.

Pan American Silver Corp (PAAS.TO) ended lower by 6.5%. Newmont Corporation (NGT.TO), Agnico Eagle Mines (AEM.TO) and Fairfax Financial Holdings (FFH.TO) drifted down 4.5%, 4% and 3.5%, respectively.

West Fraser Timber (WFG.TO), Franco-Nevada Corporation (FNV.TO) and WSP Global (WSP.TO) also ended notably lower.

read more
Pound Falls Against Majors

Pound Falls Against Majors

The pound declined against its major counterparts in the New York session on Thursday.
RTTNews | 4小时10分钟前
Canadian Market Modestly Higher Around Noon

Canadian Market Modestly Higher Around Noon

The Canadian market is up in positive territory around noon on Thursday, led by gains in industrials, real estate and energy sectors. Investors are largely reacting to quarterly earnings updates, and the undertone is a bit firm thanks to comments from Bank of India Governon Tiff Macklem that the central bank is getting closer to start reducing interest rates.
RTTNews | 4小时36分钟前
U.S. Factory Orders Surge In Line With Estimates In March

U.S. Factory Orders Surge In Line With Estimates In March

New orders for U.S. manufactured goods surged in line with economist estimates in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said factory orders shot up by 1.6 percent in March after jumping by a downwardly revised 1.2 percent in February.
RTTNews | 6小时0分钟前
U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike

U.S. Labor Productivity Increases Modestly In Q1, Labor Costs Spike

A report released by the Labor Department on Thursday showed labor productivity in the U.S. increased by less than expected in the first quarter of 2024. The Labor Department said labor productivity rose by 0.3 percent in the first quarter after spiking by a revised 3.5 percent in the fourth quarter. Economists had expected productivity to climb by 0.8 percent.
RTTNews | 6小时20分钟前
OECD Raises Global Growth Forecasts

OECD Raises Global Growth Forecasts

The Organization for Economic and Co-operation and Development on Thursday lifted the global growth forecast for this year and next despite some substantial concerns about the outlook. The Paris-based think tank raised the global growth forecast for this year to 3.1 percent from 2.9 percent projected in February. The outlook for next year was lifted to 3.2 percent from 3.0 percent.
RTTNews | 6小时51分钟前
Howmet Aerospace Boosts FY24 Outlook; Guides Q2 Well Above View - Update

Howmet Aerospace Boosts FY24 Outlook; Guides Q2 Well Above View - Update

While reporting financial results for the first quarter on Thursday, Howmet Aerospace Inc. (HWM) raised its adjusted earnings and revenue guidance for the full-year 2024 and provided guidance for the second quarter, well above estimates. For the second quarter, the company expects adjusted earnings in a range of $0.57 to $0.59 per share on revenues between $1.825 billion and $1.845 billion.
RTTNews | 6小时52分钟前
U.S. Trade Deficit Narrows Slightly To $69.4 Billion In March

U.S. Trade Deficit Narrows Slightly To $69.4 Billion In March

The U.S. trade deficit edged slightly lower in the month of March, according to a report released by the Commerce Department on Thursday. The Commerce Department said the trade deficit narrowed to $69.4 billion in March from a revised $69.5 billion in February Economists had expected the trade deficit to inch up to $69.1 billion from the $68.9 billion originally reported for the previous month.
RTTNews | 6小时56分钟前