A lacklustre performance across major sectors kept Canada’s main flat index lower on Wednesday with utilities leading the losers on the TSX while the energy market clocked the most gains.
US markets also sagged as traders await chipmaker Nvidia’s (NASDAQ:NVDA) latest earnings report, which could indicate the direction for the NASDAQ for the rest of the week.
The Canadian dollar traded for 71.52 cents US compared to 71.60 cents US on Tuesday.
US crude futures traded $0.44 lower at US$68.95 a barrel, and the Brent contract lost $0.22 to US$73.09 a barrel.
The price of gold was up US$21.97 to US$2,649.16.
In world markets, the Nikkei was down 62.09 points to 38,352.34, the Hang Seng was up 41.34 points to 19,705.01, the FTSE was down 13.95 points to 8,085.07, and the DAX was down 55.53 points to 19,004.78.
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(Top image generated with AI)