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@ the Bell: TSX recovers and S&P hits fresh high

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| June 18, 2024

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Energy shares led enough of a rally to overcome industrials and tech losses to push the TSX to a positive end on Tuesday. The mining and financial sectors also logged gains while a further index split was felt among declines in telecom and utilities stocks.

New U.S. retail sales data only soured the mood further. Though sales rose 2.3 per cent year-over-year, sales rose only 0.1 per cent last month, shy of the 0.2 per cent predicted by economists polled by Dow Jones. The S&P 500 hit a new intraday trading high of 5,490.38.

TSX 21,611.30 +23.42 Click to enlarge
TSXV 575.63 +2.70 Click to enlarge
CSE 167.22 -0.96 Click to enlarge
DJIA 38,834.86 +56.76 Click to enlarge
NASDAQ 17,862.23 +5.21 Click to enlarge
S&P 500 5,487.03 +13.80 Click to enlarge

The Canadian dollar traded for 72.90 cents U.S. compared with 72.83 cents U.S. on Monday.

U.S. crude futures traded $1.13 higher at $81.46 a barrel, and the Brent contract rose $1.00 to $85.25 a barrel.

The price of gold was down US$11.21 to US$2,330.09.

In world markets, the Nikkei was up 379.67 points to 38,482.11, the Hang Seng was down 20.57 points to 17,915.55, the FTSE was up 49.14 points to 8,191.29 and the DAX was up 63.76 points to 18,131.97.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.

(Top photo: File)



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