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Stockhouse @ the Bell: Trade uncertainty weakens North American markets

Stockhouse Editorial
1 Comment| September 24, 2019


Canada’s main stock index slid lower on Tuesday after BlackBerry shares plunged on weak results and oil prices fell, both of which capped earlier gains for the TSX. US stocks also fell modestly, with a print on consumer confidence that came in below expectations and earlier trade hopes were dashed. Investor uncertainty was made even shakier after reports came out that Democratic members of Congress would formally announce an impeachment inquiry of President Donald Trump.

The S&P/TSX Composite Index was down 68.87 points to 16,798.33, and the TSX Venture Exchange was down 6.54 points to 583.44.

The Canadian dollar traded for 75.45 cents US compared with an average of 75.34 cents US on Monday.

Crude oil prices were down $1.53 to $57.11.

The price of gold was up $8.42 to $1,532.12.

In US markets; the Dow tumbled 142.22 points to 26,807.77 the S&P 500 fell 25.18 points to 2,966.60 and the NASDAQ lost 118.83 points to 7,993.63.

In world markets; the Nikkei gained 19.77 points to 22,098.84 the Hang Seng rose 58.73 points to 26,281.00, the FTSE gave up 34.49 points to 7,291.43, and the DAX was down 35.08 points to 12,307.15.




Comments

Miner81
Impeach him for what ?
(10)
September 25, 2019

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