Join today and have your say! It’s FREE!
We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}

Join today with :


By providing my email, I consent to receiving investment related electronic messages from Stockhouse.
Sign in with existing account
Please Try Again
{{ error }}

Sign In With :


Password Hint : {{passwordHint}}
Forgot Password?
Please Try Again {{ error }}

Send my password

An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Stockhouse @ the Bell: Materials move TSX down

Stockhouse Editorial
0 Comments| May 2, 2019

What a difference a week makes. After posting gains that pushed markets higher to end off April, falling commodity prices weighed on materials shares Thursday on the Toronto Stock Exchange. Traders sent copper to a two-month low and used news of record U.S. oil production to cash in some of Brent crude’s near 33 per-cent rise. The S&P 500 fell further from its all-time high, dragged lower by concern over how a trade deal remains elusive between the U.S. and China.

The S&P/TSX Composite Index was down 91.87 points to 16,410.88, and the TSX Venture Exchange was down 8.63 points to 601.28.

The Canadian dollar traded for 74.27 cents US compared with an average of 74.54 cents US on Wednesday.

Crude oil prices were down $1.95 to $61.65.

The price of gold was down $10.35 to $1271.05.

In U.S. markets; the Dow lost 122.35 points to 26,307.79, the S&P 500 gave up 6.21 points to 2,917.52, and the NASDAQ decreased 12.87 points to 8,036.77.

In world markets; the Nikkei remained at 22,258.73, the Hang Seng jumped 247.09 points to 29,944.18, the FTSE slipped 33.79 points to 7,351.31, and the DAX was up 1.34 points to 12,345.42.


No comments yet. Be first to comment!

Leave a Comment

You must be logged in to access this feature.


Get our FREE StockTalk Investor Guides by sector as they are released!

Stay on top of sector specific news, get industry leaders insights and our best content, delivered to your email.

You are already a member! Please enter your password to sign in.