Equities in Canada’s largest centre were rocky on Tuesday but closed on the higher side of flat. The TSX was dragged lower in early trading by financial shares following Barclays downgrade of multiple banks. Markets were mixed with gains led by industrials.
Traders on both sides of the border remain wary of big moves ahead of US inflation data due out on Wednesday. Regional bank shares gave up ground.
The Canadian dollar traded for 74.73 cents US, compared to 74.76 cents US on Monday.
US crude futures traded $0.33 higher at $73.49 a barrel, and the Brent contract added $0.23 to $77.24 a barrel.
The price of gold was up US$12.95 to US$ 2,034.37.
In world markets, the Nikkei was up 292.94 points to 29,242.82, the Hang Seng was down 429.45 points to 19,867.58, the FTSE was down 14.29 points to 7,764.09, and the DAX was up 2.65 points to 15,955.48.
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