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@ the Bell: Market split keeps TSX from returning to highs

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| November 13, 2024

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It was another divided day for Canada’s main stock index, as the TSX moved modestly higher as tech and energy sector gains were countered by losses among the mining, healthcare, and financial markets. Bitcoin prices rose to a record high above US$93,400.


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American inflation data reinforced expectations for a Federal Reserve interest-rate cut next month. Wall Street markets were on the flat side of split, while traders hoped a post-election rally would have kept going strong.

TSX 24,989.02 +66.01 Click to enlarge
TSXV 593.72 -3.98 Click to enlarge
CSE 147.46 +5.80 Click to enlarge
DJIA 43,958.19 +47.21 Click to enlarge
NASDAQ 19,230.74 -50.66 Click to enlarge
S&P 500 5,985.38 +1.49 Click to enlarge

The Canadian dollar traded for 71.43 cents US compared to 71.72 cents US on Tuesday.

US crude futures traded $0.16 lower at US$67.96 a barrel, and the Brent contract lost $0.04 to US$71.85 a barrel.

The price of gold was down US$35.35 to US$2,575.89.

In world markets, the Nikkei was down 654.43 points to 38,721.66, the Hang Seng was down 23.43 points to 19,823.45, the FTSE was up 4.56 points to 8,030.33, and the DAX was down 56.55 points to 18,977.09.


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 image generated with AI)




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