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Stockhouse @ the Bell: TSX flat while Wall Street higher

Stockhouse Editorial
0 Comments| June 6, 2019

Canada’s main stock index closed flat on Thursday, weighed lower by losses in the industrial and materials sectors. Healthcare was also down as cannabis producers lost ground. The story was marginally better on Wall Street, which clawed out meagre gains on hopes of an interest rate cuts by the Federal Reserve, in spite of renewed concerns that the US / China trade dispute is far from over.

The S&P/TSX Composite Index was up 15.14 points to 16,227.80, and the TSX Venture Exchange was down 1.70 of a point to 595.20.

The Canadian dollar traded for 74.77 cents US compared with an average of 74.62 cents US on Wednesday.

Crude oil prices were up $1.51 to $53.19.

The price of gold was up $5.66 to $1,333.96.

In U.S. markets; the Dow grew 181.09 points to 25,720.66, the S&P 500 added 17.34 points to 2,843.49, and the NASDAQ climbed 40.08 points to 7,615.55.


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