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Stockhouse @ the Bell: New day, new peak for TSX, loonie lower

Stockhouse Editorial
0 Comments| September 13, 2019

For a second day in a row, Canada's main stock index pushed into record territory as gains fuelled by the financial sector sent the TSX higher. The energy sector slid as crude prices took a dip, but financials and industrials climbed higher. Asian markets rose as optimism around trade talks lifted sentiment, but Wall Street was mostly Apple Inc. shares lost ground after Goldman Sachs cut in its price target for the stock, over concerns around its new Apple TV+ service and the effects the trade dispute has had on its business.

The S&P/TSX Composite Index was up 39.14 points to 16,682.42, and the TSX Venture Exchange remained at 589.16.

The Canadian dollar traded for 75.36 cents US, down compared with an average of 75.73 cents US on Thursday.

Crude oil prices were down $0.10 to $54.99.

The price of gold was down $11.86 to $1,486.84.

In US markets; the Dow gained 37.07 points to 27,219.52 the S&P 500 shed 2.18 points to 3,007.39 and the NASDAQ slipped 17.75 points to 8,176.71.

In world markets; the Nikkei rocketed 231.08 points to 21,988.29 the Hang Seng shot up 225.69 points to 27,311.47, the FTSE rose 22.86 points to 7,367.46, and the DAX was up another 58.55 points to 12,486.53.


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