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Stockhouse @ the Bell: Global markets finish week in the red

Stockhouse Editorial
0 Comments| October 26, 2018

Markets around the world caped off the trading week in negative territory, including Canada’s main stock index. Investors still labour concern over corporate profits, economic growth and global trade. On Wall Street, the Dow lost more than 300 points at one point, erasing its gains from the day before, only to close slightly better. Disappointing results from major tech companies took a big bite out of the Nasdaq.

The S&P/TSX Composite Index was down 35.82 points to 14,888.26, and the TSX Venture Exchange was down 3.04 points to 643.58.

The Canadian dollar was down $0.0006, to 76 cents.

Crude oil prices were up 0.35 to $67.68.

The price of gold was up $2.01 to $1233.11.

In U.S. markets; the Dow sunk 296.24 points to 24,688.31, the S&P 500 gave up 46.88 points to 2,658.69, and the NASDAQ lost 151.12 points to 7,167.21.

In world markets; the Nikkei fell 83.80 points to 21,184.60, the Hang Seng tumbled 287.86 points to 24,703.21, the FTSE dipped 63.95 points to 6,939.56, and the DAX was down 105.50 points to 11,200.62.


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