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Stockhouse @ the Bell: Global markets steady ahead of central bank meetings

Stockhouse Editorial
0 Comments| June 17, 2019

Canada’s main stock index climbed on Monday. The energy sector jumped (+1.5%) despite declining oil prices, while the healthcare sector (+1.2%) and the materials sector (+1.1%) also pushed the TSX upwards. On Wall Street and around the globe, all eyes were focused on several key central bank meetings later this week. The Federal Reserve, the European Central Bank, and the Bank of Japan are all set to have policy meetings, with potential rate cuts arriving in the summer.
The S&P/TSX Composite Index was up 51.54 points to 16,353.45, but the TSX Venture Exchange was down 3.22 points to 584.62.
The Canadian dollar traded for 74.63 cents US compared with an average of 74.71 cents US on Wednesday.
Crude oil prices were down $0.55 to $51.96.
The price of gold was down $0.14 to $1,339.95.
In U.S. markets; the Dow gained 22.92 points to 26,112.53, the NASDAQ rose 48.37 points to 7,845.02, and the S&P 500 was up 2.69 points to 2,889.67.

In world markets; the Nikkei added 7.11 points to 21,124.00, the Hang Seng gained 109.25 points to 27,227.16, the FTSE was up 11.55 points to 7,357.31, and the DAX lost 10.57 points to 12,085.82.


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