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TSX Sheds 0.8%, Headed For Another Weak Close
The Canadian market is down firmly in negative territory on Tuesday with stocks from consumer discretionary, technology, communications and financials sectors reeling under sustained selling pressure.
The mood remains quite cautious amid concerns about geopolitical tensions and tariffs and worries about inflation and interest rates.
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3h 37min ago
Swiss Stocks Slide On Novartis Experimental Drug Setback
The Swiss SMI benchmark closed 1.55% lower at 14,057.61 Tuesday, weighed down primarily by Novartis (NOVN) dropping 11% after disclosing that its experimental muscle-wasting disorder drug failed a late-stage clinical trial.
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4h 6min ago
Major European Markets Close Flat As Oil Rally, Rate Hike Fears Weigh
European markets closed little changed Tuesday as rising oil prices amid Middle East tensions and expectations of an ECB rate hike this week tempered investor sentiment. Political uncertainty in Germany, where the far-right AfD achieved a historic state election win, also pressured markets.
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4h 32min ago
Rebound In U.S. Payrolls Limits Dollar's Decline
A robust job market update from the U.S. on Friday limited the dollar's decline in the wake of dovish comments from a Fed official.
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8h 27min ago
Canadian Stocks Set For Cautious Open; Bombardier In Focus
Canadian equities expected to open subdued Tuesday amid weak gold prices and inflation concerns. Bombardier shares in focus after U.S. President Trump threatened to ban sales of the company's jets unless manufactured in the U.S.
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9h 38min ago
Canadian Dollar Rises As Oil Prices Climb
The Canadian dollar strengthened against other major currencies in the European session on Tuesday, with Brent crude futures surging toward $100 a barrel on growing risks of a prolonged conflict in the Middle East.
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9h 41min ago
Antipodean Currencies Fall Amid Escalating Middle East Conflicts
The antipodean currencies such as the Australia and New Zealand dollars weakened against their major currencies in the European session on Tuesday, amid escalating Middle East tensions revived inflation and interest-rate concerns.
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9h 54min ago
more news
Canadian Dollar Rises Against Majors
The Canadian dollar strengthened against other major currencies in the European session on Tuesday.
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10h 30min ago
NZ Dollar Slides Against Majors
The New Zealand dollar weakened against other major currencies in the European session on Tuesday.
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10h 34min ago
Australian Dollar Falls Against Majors
The Australian dollar weakened against other major currencies in the European session on Tuesday.
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10h 42min ago
FTSE 100 Flat Amid Oil Rally, Retail Slowdown
The FTSE 100 hovered near flat on Tuesday as gains in mining and energy countered declines in financials and healthcare. Oil prices surged on Middle East tensions, with Brent crude hitting a six-week high. UK retail sales growth slowed to a four-month low.
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10h 48min ago
China Exports Log Strong Growth On Tech Demand
China's exports registered a notable growth in August, reflecting strong foreign demand for hi-tech products, official data showed Tuesday. Exports increased 25.0 percent year-on-year in August, faster than the 23.9 percent growth in July, the General Administration of Customs said. The annual growth came in line with expectations.
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10h 52min ago
CAC 40 Slips On Oil Surge, Interest Rate Concerns
French stocks fell on Tuesday, pushing the benchmark CAC 40 to a multi-week low, as rising oil prices amid escalating Middle East tensions, and prospects of a rate hike by the European Central Bank hurt sentiment.
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11h 28min ago
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