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Stockhouse @ the Bell: TSX down on industrial & material losses

Stockhouse Editorial
0 Comments| September 25, 2019

Canada's main stock index moved slightly lower on Wednesday, due to losses in the industrials and materials sectors, while Wall Street made a comeback from a flat open to close higher across the board. Traders looked past the Democrats’ attempt to impeach President Donald Trump while the S&P scored its biggest daily gain in two weeks and Nike shares jumped on positive quarterly results.

The S&P/TSX Composite Index was down 14.04 points to 16,784.29, and the TSX Venture Exchange was down 5.06 points to 578.38.

The Canadian dollar traded for 75.31 cents US compared with an average of 75.48 cents US on Tuesday.

Crude oil prices were down $0.75 to $56.54.

The price of gold was down $27.07 to $1,505.03.

In US markets; the Dow jumped 162.94 points to 26,970.71 the S&P 500 added 18.27 points to 2,984.87 and the NASDAQ grew 83.76 points to 8,077.38.

In world markets; the Nikkei lost 78.41 points to 22,020.15 the Hang Seng tumbled 331.36 points to 25,945.35, the FTSE dipped 1.44 of a point to 7,289.99, and the DAX deflated 72.54 points to 12,234.18.


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