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Stockhouse @ the Bell: TSX flat, Happy July 4th on Wall St.

Stockhouse Editorial
0 Comments| July 4, 2019

Consumer staples stocks weighed down Canada's main stock index on Thursday. The TSX didn’t get any help from a rally in global stock markets either, but energy saw a slight boost. However, concern about a slowing global economy, coupled with data showing a smaller-than-expected draw on US crude stockpiles saw a decline in oil prices. Wall Street markets were closed for the Independence Day long weekend.

The S&P/TSX Composite Index was up 12.65 points to 16,588.85, and the TSX Venture Exchange was up 1.68 points to 587.84.

The Canadian dollar traded at 76.44 cents US, up from an average of 76.27 cents US on Wednesday.

Crude oil prices were down $0.67 to $56.67.

The price of gold was down $2.21 to $1,415.49.

In U.S. markets; the Dow remained at 26,966.00, the S&P 500 remained at 2,995.82 and the NASDAQ remained at 8,170.23.

In world markets; the Nikkei rose 64.48 points to 21,702.45, the Hang Seng fell 59.25 points to 28,795.77, the FTSE shed 5.74 points to 7,603.58, and the DAX was up another 13.67 points to 12,629.90.


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