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Stockhouse @ the Bell: TSX flat following steep drop

Stockhouse Editorial
0 Comments| October 25, 2018

Following its biggest single-day decline in three years, Canada’s main stock index bounced back on Thursday to finish flat following a string of corporate earnings that beat analyst expectations. The financial sector rose 0.5% and the energy sector was up 1.7%.

The S&P/TSX Composite Index was up 14.95 points to 14,924.08, and the TSX Venture Exchange was up 4.80 points to 646.62.

The Canadian dollar was down $0.0012, remaining at 77 cents.

Crude oil prices were up 0.27 to $67.09.

The price of gold was down $4.34 to $1230.68.

In U.S. markets; the Dow jumped 401.13 points to 24,984.55, the S&P 500 gained 49.47 points to 2,705.57, and the NASDAQ rallied 209.94 points to 7,318.34.

In world markets; the Nikkei plummeted 791.83 points to 21,268.73, the Hang Seng sunk 252.74 points to 24,994.46, the FTSE added 41.36 points to 7,004.10, and the DAX was up 116.68 points to 11,307.12.


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